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77. Fiat Education with Daniel Prince

The Bitcoin Standard Podcast

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Grandparents

Family is still important for a lot of people, but it's not as important as it was a couple of hundred years ago. Back then it was literally life and death if you didn't have a family. The essential function of the family is to take care of the family members when they're very young and very old. And i think one way in which this manifests is that the family loses its importance because we don't expect our savings to last. So the role of the family in providing and passing on savings is diminished. That weakens the incentive for people to stick together.

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