Mischa on Nostr: Why Universities Oppose Bitcoin Universities and their representatives often speak ...
Why Universities Oppose Bitcoin
Universities and their representatives often speak negatively about Bitcoin and not without reason. The current monetary system, dominated by central banks, state banks, and large commercial banks, is deliberately designed to be complex. This complexity ensures that without specialized knowledge and formal education, it’s nearly impossible to access key positions. An academic degree serves as an entry ticket into a hierarchical system where power, influence, and the flow of money are closely intertwined. Only those with such a degree can reach the positions where decisions are made and once they’re there, they ensure that decision-making positions remain tied to those same academic credentials. The system thus sustains itself: only those with the degree are allowed to make the rules, and the rules ensure that only degree-holders can decide.
At the same time, universities are the very institutions that teach people how the monetary system works. They educate and train people to operate within this existing system - a system from which they themselves benefit. By teaching the rules of the current system, they reinforce it, producing graduates who accept and perpetuate the structures that maintain the status quo.
Bitcoin, however, challenges these structures. It is decentralized, transparent, and removes control over money creation from central institutions. In a Bitcoin-based world, artificial barriers like academic degrees would no longer be necessary to participate in or benefit from the financial system. Instead, real value creation would be the only measure: if you provide value, you receive value. If you don’t, you can’t simply profit by holding a position or a credential.
This is precisely why universities and their graduates defend the old system so strongly. They are not just protecting the institutions, but also their own privileges, their positions and ultimately their jobs. With Bitcoin, not only would the value of many academic degrees decline, but many specialized career paths would disappear — careers that exist only because of the complexity and centralization of today’s system. The resistance to Bitcoin is therefore not just ideological, but often existential: it’s about preserving status, influence, and employment within a system that guarantees these privileges.
In this way, Bitcoin threatens not only the monopoly on money, but also the social and economic hierarchies built around that monopoly. This is why it is opposed by those who benefit most from the current system.
#bitcoin #university #hierarchies #monopoly
Published at
2025-05-08 07:53:36Event JSON
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"content": "Why Universities Oppose Bitcoin\n\nUniversities and their representatives often speak negatively about Bitcoin and not without reason. The current monetary system, dominated by central banks, state banks, and large commercial banks, is deliberately designed to be complex. This complexity ensures that without specialized knowledge and formal education, it’s nearly impossible to access key positions. An academic degree serves as an entry ticket into a hierarchical system where power, influence, and the flow of money are closely intertwined. Only those with such a degree can reach the positions where decisions are made and once they’re there, they ensure that decision-making positions remain tied to those same academic credentials. The system thus sustains itself: only those with the degree are allowed to make the rules, and the rules ensure that only degree-holders can decide.\n\nAt the same time, universities are the very institutions that teach people how the monetary system works. They educate and train people to operate within this existing system - a system from which they themselves benefit. By teaching the rules of the current system, they reinforce it, producing graduates who accept and perpetuate the structures that maintain the status quo.\n\nBitcoin, however, challenges these structures. It is decentralized, transparent, and removes control over money creation from central institutions. In a Bitcoin-based world, artificial barriers like academic degrees would no longer be necessary to participate in or benefit from the financial system. Instead, real value creation would be the only measure: if you provide value, you receive value. If you don’t, you can’t simply profit by holding a position or a credential.\n\nThis is precisely why universities and their graduates defend the old system so strongly. They are not just protecting the institutions, but also their own privileges, their positions and ultimately their jobs. With Bitcoin, not only would the value of many academic degrees decline, but many specialized career paths would disappear — careers that exist only because of the complexity and centralization of today’s system. The resistance to Bitcoin is therefore not just ideological, but often existential: it’s about preserving status, influence, and employment within a system that guarantees these privileges.\n\nIn this way, Bitcoin threatens not only the monopoly on money, but also the social and economic hierarchies built around that monopoly. This is why it is opposed by those who benefit most from the current system.\n\n#bitcoin #university #hierarchies #monopoly",
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