• The article focuses on how the current fiat monetary system incentivizes less-than-optimal decision making and substandard relational habits.
• The author shares his observations after two decades of being an educator, and discusses how Bitcoin offers a potential solution.
• He highlights helicopter parenting as a consequence of living in a fiat system, and explains that most people lack the understanding of the benefits of sound money.
How Fiat Money Incentivizes Substandard Habits
I’m Tim Niemeyer, an elementary school teacher by day and co-host of Lincolnland Bitcoin Meetup by night. As both an educator and Bitcoin enthusiast, I’ve been able to develop a greater understanding of both worlds. This has allowed me to gain insight into how our coercive fiat monetary system incentivizes less-than-optimal decision making and substandard relational habits.
Helicopter Parenting: A Consequence of Fiat Money
In my almost two decades as a teacher, I’ve noticed the emergence of ‘helicopter parenting’. WebMD lists signs such as parents fighting their child’s battles, doing their schoolwork, keeping them on a short leash, playing it too safe or not allowing them to fail – all consequences due to living in a fiat system where humans are in control of the money supply. Most people don’t see the benefits we Bitcoiners see to sound money that isn’t controlled by those in power with their own agendas; nor do they understand that choosing red or blue doesn’t really provide long-term systemic change due to each side being beholden to its inherent system.
The Benefits of Sound Money
Bitcoin offers an alternative way out from this quagmire – sound money not subject to manipulation via inflation or other means. Sound money incentivizes saving rather than spending since savings will retain its value over time; thus encouraging more deliberate decision making among users which leads to better outcomes for all parties involved. Furthermore, it provides protection against government intervention (such as bailouts) or political favoritism (e.g., quantitative easing).
At the end of the day, it’s important for us teachers (and parents) to recognize how our current financial system influences our lives and decisions – both positively and negatively – so we can make informed choices about what kind of world we want our children to live in when they grow up. By introducing sound money principles early on through education programs such as Bitcoin 101 courses at schools or youth clubs/camps, we can help foster good financial habits while also providing protection against financial instability caused by unreliable governments or banks that abuse their power with irresponsible policies like quantitative easing or bailouts.
It’s time for us educators (and parents) alike to start recognizing how our current financial system affects us all – for better or worse – so we can make more informed decisions about what kind of world we want our kids growing up in today! Introducing sound money principles early on through educational programs such as Bitcoin 101 courses at schools or youth clubs/camps can help foster good financial habits while also protecting against financial instability caused by unreliable governments or banks that abuse their power with irresponsible policies like quantitative easing or bailouts