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To be clear, I’m not talking about intersex or gender identity, I'm talking about true biological hermaphrodites. Fully functional male+female reproductive abilities, you can get pregnant & you can impregnate others. In terms of what the average person would look like (body/facial hair, muscle/fat distribution) and how 2 sets of genitals would... work, I'll leave that up to your imagination. Keep in mind though, if everybody can have kids, they'll probably need a way to feed them.

This has been on my mind for a while, I'm wondering what people think the society, culture, and basic interactions would be like. Compared to our world, do you think this hypothetical world would be better? I can think of a few reasons why/why not.

Pros:
Best of both worlds - you get both parts, 2 types of orgasms, you wouldn't be missing out on anything. You could live whatever life you want. You want to take care of kids, you want to do hard labor, work in fashion design, get a PhD? You want to go out and seduce people into your own personal harem? No gender roles hold you back, go out and do it.
Twice the dating pool - no sex preferences, any crush could be 2-sided.
Gender Equality - no sexism, we could discriminate against people for other things.

Cons:
Overpopulation - everybody can get pregnant, birthrates could potentially go way up.
Plenty of people are happy the way they are - don’t fix what isn’t broken, right?
Worst of both worlds - can't have the good without the bad, everyone would have to worry about periods, awkward boners, and pressure to live up to various expectations. But also more serious issues like genital mutilation or sexual assault.

I’ve heard people say as a con that nobody would be unique, but keep in mind, people would still have different personalities, beliefs, etc. It wouldn’t mean the end of individuality.
All in all, it wouldn't be a utopia by any means, but I think that world would be better, what about you?