Working in Bitcoin. This seems to me like the single most impactful thing one can do for the future of humanity, including climate and energy use.
Imagine if you didn't need to buy a new iPhone every other year, because they will be better built. Imagine if buildings would be of the same quality as they once were, when the world was on a gold standard.
Under a money system that constantly devalues the currency, everything that is built is of worse quality than the previous versions of the same for the simple reason that the producer has to somehow account for the money being lost due to inflation without constantly raising the prices, and the only way to do that is to "devalue" the products themselves - use worse materials, make them easier obsolete, so consumers buy them more often.
Looking at the profile, seems more like someone who's convinced we need to change the system (for whatever reasons) and is happy to grasp at some perceived hope of achieving a fundamental change, like swapping out stable regulated money for something power-hungry and anarchistic like bitcoin, without knowing what impact that would actually have (in regards to climate, security, privacy, economic usefulness, anything). Don't get me wrong, I also see some advantages of bitcoin, but the good comes with the bad and I'm not seeing a net positive for anyone but speculative investors (we don't trade with volatile stocks to buy bread at the bakery, for example, and at least for the moment that's the function bitcoin fulfills).
I am not for "changing the system". The system that worked for thousands of years and got humanity to the peak of civilization works perfectly fine: hard money.
This fiat money thing (or "regulated" as you call it) is a very short-lived experiment that has gotten us where we are today: definitely downhill - sick people on a sick planet.
Nobody asked us whether we agree with decoupling the USD from the gold standard, it just happened without us knowing, and you saying I am for "changing the system" is pure gaslighting. I am just advocating for a return to the system that worked just fine.
Have you ever thought about how much energy the banking system consumes? Or the military that is backing the US dollar? Seems like you just fall for the headlines about Bitcoin's energy use without thinking about the counter-arguments. Do you think gold mining happens in a vacuum?
I don't think the human condition has substantially changed since the end of the Bretton Woods system. Or are you referring to a period of time further back?
Yes, I think it did change. It also changed for the better, of course, with all the newer technologies we now have - but these would have happened regardless - they are not a byproduct of the monetary system.
However: what we are eating, for example, is of much worse quality. Products that we use every day are of inferior quality (although some are more technologically advanced). While you could argue that more advanced products are inherently less reliable, for having more "moving parts", the decline in quality happened for all products and services, not just for the complex ones. The quality of what we consume intellectually has also decreased: what passes as "art" today can only be called so because it absorbed "easy money", but it is far from what was being produced not long ago. Western classical music, for example, clearly started declining around the time purchasing power started declining. The avant-garde of Stravinsky and his contemporaries was still innovative, intellectually stimulating, and beautiful compared to the "avant-garde" of John Cage and other such imposters. Same happened in painting, same happened in architecture...
Imagine if you didn't need to buy a new iPhone every other year, because they will be better built. Imagine if buildings would be of the same quality as they once were, when the world was on a gold standard.
Under a money system that constantly devalues the currency, everything that is built is of worse quality than the previous versions of the same for the simple reason that the producer has to somehow account for the money being lost due to inflation without constantly raising the prices, and the only way to do that is to "devalue" the products themselves - use worse materials, make them easier obsolete, so consumers buy them more often.