I was trained as a chemist and a mechanical engineer, but eventually ended up in tech by following the fiat money trail.
What never made sense to me was why I was suddenly getting paid 2–3x more to do work that felt far simpler than mechanical engineering design or research work as a chemist. I always assumed earning potential would be somewhat positively correlated with difficulty/stress/risk — but in reality my tech jobs seemed almost inversely correlated.
It didn’t make sense at first. Then I discovered Bitcoin — and it started to make sense. I realized this was most likely the result of fiat f*ckery.
I think a big reason many devs are so out of touch with economics is that, from education to early career, they’ve mostly benefited from (and been shielded by) a fiat system that artificially inflated the tech sector. When you’ve never had to confront reality directly, your perspective gets distorted. God bless the devs that didn’t lose touch with reality despite this and went on build bitcoin, Nostr and other freedom tech. It’s infinitely easier to sell out to big fiat tech.
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Thank you for sharing that! I hadn't considered the shielding aspect. But yeah, I bet being in tech for many years also contributes to a sense of elitism when it hasn't been earned properly.