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2023-01-29 23:07:53

2minutebitcoin on Nostr: Pain is a natural feature of life, giving you feedback and information. When you try ...

Pain is a natural feature of life, giving you feedback and information.

When you try to cut off the pain flow through anesthetics, a bribe, or QE - you avoid paying the price and getting a lesson for your misstep.

This sends a ripple effect throughout the system, distorting it - and ultimately will lead you to make the same mistake again.

Today, we have [Too Big To Fail institutions](https://www.2minutebitcoin.org/blog/an-honest-account-of-fiat-money-2018) interrupting this evolutionary impulse. We preserve them at all costs and do not incentivize them to learn from their mistakes.

-- an excerpt from the 2-minute version of Saylor Series: The Rise of Man Through the Stone and Iron Ages Episode 1 (2020), originally posted in https://www.2minutebitcoin.org/blog/saylor-series-the-rise-of-man-through-the-stone-and-iron-ages-episode-1-2020
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