Conventional: what works?
Pragmatism

At this stage of conventional morality, “the right thing” is defined by societal agreements and norms aimed at facilitating harmonious coexistence. Our moral compass is largely influenced by the quality of work and the guidance provided by experts, regulators, or trusted sources. Virtues are primarily perceived as professional competencies, reflecting a still-evolving sense of conscience.

The philosophical outlook associated with this stage is Pragmatism, which emphasises practicality and the notion that truth is determined by what is effective. While this approach offers a sense of manageability, it also limits one’s perspective to smaller, immediate concerns, as grappling with broader issues may seem overwhelming during the process of constructing one’s life.

In Bitcoin-Leadership this corresponds to adhering to laws without questioning them. Morality at this level is focused on compliance rather than ethical discernment, often using the justification that “the law allows it.” Individuals may use this moral stance as a reason to avoid involvement with Bitcoin, citing potential government regulations as a deterrent. Alternatively, it may manifest as strict adherence to regulations, even when they are perceived as unjust. It’s important to recognise that there are higher levels of moral development beyond this stage, offering broader perspectives and more nuanced ethical considerations.