Devs can also improve their knowledge in other area, but that will also cost a lot of time. If it takes 10 years for a smart person to become an expert in coding, then it might take 20 years for him to become an expert in economy and finance, simply because the society and economy is not really a science, they are much more difficult to learn and understand, everything in those area are highly political and full of illusions
Strongly disagree.
There are 2 academic disciplines that are often cited as being the most employable: Mathematics and Philosophy. These two subjects are said to bestow their adherents with the most flexible (and most abstract) reasoning capabilities. And so the abilities of people well versed in either to take on a wholly new subject matter and understand & learn it are naturally advantaged over those that are untrained.
Computer scientists, especially the accomplished ones working on Core, are missing from the above mentioned truism IMO. You need excellent math to do Computer Science well, but what outsiders often fail to understand is that an accomplished computer scientist also needs language and psychology skills (language for understanding the programming idioms and psychology for designing the user experience).
If anyone can learn the economics, sociology and political theory needed for cryptocurrency design context, it's computer scientists like these people. gmaxwell has already demonstrated a sophisticated grasp of social and political theory; he introduced me, for instance, to the value of keeping your financial information well guarded, or that the 2nd worst thing after being prevented from reading is having your reading monitored and prescribed to you.
Take fiat money for example, why people blindly trust those pieces of paper even they knows that central banks print those notes faster than printing books? Andreas just revealed part of the reason: We live in an era where fear has overcome reason. It is difficult to understand fiat money's value without taking enough time to dig into the psychology root of each people's unconscious behavior. However, if you fail to understand how the value of a currency is based on, then your decision might destroy a currency like many currency makers did during past several hundred years
I think we can find easy ways to explain monetary theory to people. It's tough to get your head around hihg level explanations, but I've succeeded in finding ways of explaining it to some fairly simple minded people. Using examples (and choosing the example carefully) is often what works.
(in the news). FWIW, I love your post, bud.
