By Bitcoin Magazyn - 1 rok temu - Czas czytania: 9 minuty
Bitcoin Śpiew: Jak edukacja stała się źródłem wartości Fiata?
Modern educational institutions are mere shells of the learning centers they once were as a result of fiat incentives.
To jest komentarz wstępny Jimmy'ego Songa, a Bitcoin programista, pedagog oraz przedsiębiorca i programista z ponad 20-letnim doświadczeniem.
College to oszustwo.
Colleges don't sell education, but an upper class lifestyle for four years. Like most things in the fiat economy, they bring consumption forward through loans like that car that you can get with no money down or the Jack LaLane Power Juicer you can get for four easy payments of $49.99. Instead of earning money first and then getting what you paid for, college offers four years of hedonistic indulgence which you then have to pay off. What was once an investment has been debased to a consumer good.
At best, colleges offer the exciting prospect of becoming a cog in a corporate machine. They teach rent-seeking skills like political posturing, acceptable narrative regurgitation and if you go to business school, Machiavellian backstabbing. For those lucky enough to climb the status ladder, their hope is to be a Cantillionaire, suckling at the teat of the central bank. They're auditioning to be celebrity hanger-ons with less glamor.
Kłamstwo kolegium
There's a polite fiction at play that college is a way to find yourself, to mature and to become a productive citizen. Yet all evidence is that the enterprise is a status game, where people who aren't upper class fake it 'till they make it. These are the people college serves the least and like most fiat institutions, exploits the poor and middle class for the profit of the rent-seekers.
Najlepsze, na co mogą liczyć osoby spoza klasy wyższej, to przejście do klasy poszukującej czynszu. Oni również mogą zająć stanowisko administracyjne, oszukując rodziny z klasy średniej na setki tysięcy dolarów i rozpowszechniając kłamstwo, że college jest kluczem do bogactwa.
The worst outcome is a lifetime of debt slavery as an NPC zombie. Student loans are not discharged in bankruptcy, so it's a particularly onerous burden, like the monetary equivalent of weighing 400 pounds. Being in significant debt creates terrible incentives politically, as socialism starts looking much more attractive. The unfortunate result is that we have the monetary equivalent of zombies who vote for whatever will give them relief from their economic burden.
Ale makabryczny koniec tych wszystkich ludzi, którzy nie odnieśli sukcesu, jest zrozumiałe, że nie jest to kwestia marketingowa. Kolegia sprzedają dostęp do dobrego życia, stylu życia klasy wyższej, którą w naszej gospodarce są ludzie, którzy skorzystali z efektu Cantillona. Podobnie jak altcoinerzy, sprzedają nadzieję ludziom, którzy chcą szukać renty. Mogę teraz zainwestować 200,000 XNUMX $ i uzyskać pasywny dochód? Zapisz mnie!
Like altcoiners, they don't deliver on their promise and the stats bear this out. Just 45% of students graduate after four years and only 65% graduate after six years.
Edukacja tradycyjna
Jak tu trafiliśmy? Gdzie szkolnictwo wyższe poszło tak źle?
The answer, as readers of this column can probably guess, is fiat money. There are many ways in which fiat money affects education, but let's look at two: universal education and student loans.
The first is an outcome of the progressive era, which brought about such wonderful things as the income tax and the Federal Reserve. Universal education was the idea that every child should have the opportunity to learn. This is a great sentiment, and one that civilization should aspire to, but the problem wasn't the intention. The problem was who was running it and how it was executed.
Rząd przyznał sobie monopol na edukację i jak większość rzeczy, które robi bez konkurencji, schrzanił go gorzej niż Hollywood schrzaniło dziecięcych aktorów. Monopol utrzymuje się z powodu rozpędu biurokracji finansowanej przez drukarnię pieniędzy.
Moralny imperatyw pieniądza fiat
The existence of the money printing machine is both a boon and a curse for governments. It's a boon because they can steal money from everyone else for whatever purpose they desire. It's a curse because there is now a moral imperative to solve all societal problems. It's like the idea that Superman is a jerk because he's not constantly rescuing people. The money printer makes the government Superman.
If the government can print money to fix injustice, it's hard to justify not fixing it, especially in a democracy. Education is seen as a way to provide equal opportunity, so the government had to keep trying, no matter how badly it failed. Like a degenerate gambler that keeps doubling down, they keep throwing more funding. And they provide this funding as they do everything in a central-bank-backed fiat monetary system: through loans. And thus colleges were turned into rent-seeking institutions by subsidization of student loans.
Duża biurokratyczna klasa poszukiwaczy renty korzysta z tych pieniędzy, rozwijając się jak inwazyjny gatunek, by zdusić wszystko, co stanie na jego drodze.
Fiat money grows the educational industrial complex as it does the health care industrial complex and the military industrial complex. Industrial complex is a synonym for rent-seeking outgrowth that's difficult or impossible to remove.
Myląca przyczynowość i korelacja
Ponieważ coraz więcej osób zdobywało wykształcenie, niezadowolenie z możliwości w gospodarce doprowadziło do skupienia się na studiach. Kolegium przez długi czas było przedsięwzięciem klasy wyższej i, jak można się było spodziewać, ci, którzy uczęszczali na studia, mieli wyższe dochody.
Korelacja między dochodami a studiami zawsze była mieszana z pochodzeniem rodzinnym uczestników, ale to zostało zignorowane w preferowanej narracji. College stał się powodem, dla którego biedni ludzie nie byli bogaci.
Zazdrość klasowa i ogólne upodobanie w demokracji do wyrównania doprowadziło do publicznego finansowania szkolnictwa wyższego poprzez pożyczki studenckie. Propagując wśród biednych ludzi, obwiniali edukację jako główną przyczynę ekonomicznej porażki. Brak wykształcenia stał się raczej wygodnym kozłem ofiarnym niż niesprawiedliwością efektu Cantillona.
Once again, the moral imperative of fiat money came into play. Taxing the public to fund college education would be called what it is: wealth redistribution from poor people to rich people. But doing the same thing through fiat money printing, aka student loans, obscures the wealth redistribution aspect. The focus goes toward the intention, which is to equalize opportunity and indeed, that's the basis by which these loan programs were sold to the public.
College staje się dobrem konsumpcyjnym
Student loans made college way more expensive as any analysis of college tuition costs over time makes clear. An increase in the supply of money and a relatively fixed supply of colleges meant that tuition skyrocketed. What's remarkable is how the additional revenue didn't go into professors or even research, but to administrators.
I remember going to my alma mater about 10 years ago and seeing a building that was new. It was a beautiful collegiate gothic building and I imagine it was expensive. I was shocked to see what the name of the building was: The Law School Administration Building. The building didn't hold classes or house students or even a cafeteria. The building was for a bunch of busybodies.
Wzrost klasy biurokratycznej jest widoczny na każdym wykresie kosztów czesnego i zatrudnionych w czasie administratorów uczelni. Biurokraci są jak termity. Konsumują i niszczą.
Nadmiar klas poszukujących czynszu oznacza, że uczelnie zaczęły bardziej skupiać się na przyciąganiu ludzi do drzwi niż na ich kształceniu. Nic dziwnego, że najłatwiej to zrobić, aby doświadczenie było o wiele bardziej zabawne i atrakcyjne. W ten sposób studia stały się 4-letnimi wakacjami.
Education Under A Bitcoin Standard
It's worth thinking about what Bitcoin does to the education system. College costs are bloated as a result of too much money being pumped in through student loans. When that spigot of money stops, what will education look like?
The first thing to consider is that college is a recent phenomenon. It's only in the last hundred years or so that college has become something most people strove for. Prior to that, education was much more a private affair. Families would hire tutors or send their children to private schools.
A Bitcoin standard will lead to a return to a similar system. With more competition and different ways to educate, clear winners will emerge and the most effective, best ROI education systems will proliferate.
To some degree that's already happening with boot camps and charter schools. A Bitcoin standard will let the market choose rather than the government. Status will not be intimately tied to education as it is now and there will be a decoupling of jobs from their prestige. There are all manner of trade school jobs like welding or plumbing which pay handsomely but aren't well regarded because of their "low" level of education.
Second, there will still be a market for colleges, though there will be a lot fewer of them. Schools cannot continue to support a large bureaucracy without the student loans funding them, so I expect many colleges to fail. The good schools will show good ROI and keep the rent-seeking to a minimum. They'll be far less able to exploit the poor and middle class because the main weapon of student loans won't be there. Bitcoin takes away the monetary equivalent of sugary, processed, carb-heavy foods and we're likely to see a lot less 400 pound people.
Because the loans won't be there, families that want their children to go to college will save up Bitcoin to pay for it. They're likely to be a lot more discerning since the money was earned and saved. In other words, Bitcoin fixes the economic incentives and that will stop the exploitation of colleges.
Nowy zestaw wartości
Obecny system edukacji fiducjarnej służy ludziom u władzy poprzez fiducjarne pieniądze. Wartości, do których zachęcają, to pogoń za rentą, niewolnictwo za długi i akceptacja propagandy. Większość dzieci przechodzi przez co najmniej 12 lat indoktrynację na temat tego, dlaczego obecny system jest dobry i powinien być niekwestionowany. College wspiera tę indoktrynację za pomocą keynesowskiego szaleństwa i gier o status Cantillona.
It's no wonder we've got an anxious population. They're all forced into status games which are naturally zero-sum. There's a large chance they come out on the short end of the stick and it's a miracle that many break out of the fiat status game and create goods and services needed by the market.
Bitcoin changes education because it won't be a moral imperative of the government anymore. Education will take on the values of the free market instead of a centralized government. We'll see more self-sovereignty, personal responsibility and entrepreneurship which will build up civilization instead of tearing it down.
We've been under the fiat standard in education for so long that it's hard to see that we can have a different system. Yet with Bitcoin, a different system is not only possible, but inevitable. The current educational industrial complex will soon be too large to sustain itself. There will no longer be enough suckers that buy into its promises. At that point, something will change.
Podobnie jak altcoiny, czekam na dzień, w którym to oszustwo w końcu spłonie.
Czternaście powodów, dla których naprawdę poszedłeś na studia
In order to learn how to write 20 pages without saying anything.Because you were always secretly jealous of the people who were fans of a sports team (not applicable if you went to an Ivy League or tech school).In order to socialize with people of your own race that have similar SAT scores.Because going out to the real world and having to provide a good or service people wanted was too scary.In order to become an underaged alcoholic.You didn't understand that loans actually had to be paid back.You were tired of the discipline being imposed on you and wanted the freedom to gain the Freshman Fifteen ... or the Senior Sixty.You were excited at the prospect of romantic encounters, which in practice is watching porn every night.Because you wanted to borrow a four year vacation against 40 years of soul sucking corporate slavery.To meet actual smart and motivated people so you could ride their coattails. Because you wanted to spend four years indulging your narcissism.You are suffering from 12 years of Stockholm Syndrome.Because of the sunk cost fallacy.All your friends were doing it, and you didn't want to be the loser who didn't.To jest gościnny post Jimmy'ego Songa. Wyrażone opinie są całkowicie ich własnymi i niekoniecznie odzwierciedlają opinie BTC Inc lub Bitcoin Magazyn.
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