RE: The future and fiat don't mix.
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When the robot costs 10,000 everyone will have one. And then send it off to work to earn money. While they sit and home and play Splinterlands!
I actually think that there is a utopian version of the future that follows this path. Improved technology, automation and very cheap energy will allow very low cost living with goods produced by robots. Meaning that people no longer actually need to work.
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That's the idea.
Passive income is the future.
Fiat is not.
However, reality always falls somewhere in the middle between doomsayers and idealists.
Fiat will become one end of the spectrum of money.
It will be at the centralised, fully guaranteed end. But electronic / digital in one form or another.
Company / organisational coins in the middle. Low decentralisation, some guarantees. KYC mandatory.
Fully decentralised crypto at the other end.
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I wonder what a fully distributed crypto looks like.
Probably also has some kind of KYC to avoid Sybil attack.
Something like MINA. Tiny size. Smartphone based. PoS. Everyone is a validator node.
Totally agree, Mina is a really nice project, very well done and with disruptive potential in the real economy.
Do you follow Grady Booch? He's very strongly against it. His arguments are pretty fanatical.
Against what? Passive income? UBI? Big difference between the two.
Passive income (especially passive income through cryptocurrency).
To be fair... with the increased rate of productivity and production now... it's crazy that we have to work more than a couple of hours a week these days. Problem is that the people at the top keep keeping all the profits for themselves. Jerks.
I think currently the cost of land / rent is the big sticking point. Aside from that we work to pay for the salaries of ourselves working.
what a hilarious way of putting it
I mentioned something similar in the past before. The machines will work for us, instead of us. And will Artificial Intelligence (AI), they will reach a point, where they will not just/only fix themselves, but also manufacture themselves without any human intervention.
But what if the machines will turn on humanity? Something like what happened in the Terminator movie series. This is a frightening, scary, terrible thing to think about, to be honest.
I give you some !PIZZA and !LUV.
Yes.
Once machines can produce everything, including obtaining the raw materials for production, and themselves, then the cost of goods drops towards the level of scarcity of the raw materials and the energy required. If these can be in plentiful supply (from the sun / asteroids) we move towards goods being free and humans not having to work.
Whether we get there without everyone creating huge robot armies (including the robots themselves) instead is another question.
Yes this is more likely the realistic outcome. That it's just going to be automation where the cost of most goods and services come down as machines will take the load of the work. The ridiculous scenario is this feudalistic capitalistic idea ewe have now.
Just to illustrate how stupid the idea is. Alot of people in crypto have to just make up ideas of jobs and ideas to own production just to keep their narrative. In other words it's like saying no human really needs to work but we'll make them work anyway just based on the idea we like the idea of giving away free stuff. nothing to do with scarcity or lack of. We have to create that concept for something to have value.
It's also kinda how stupid some cryptos can get in a sense. Where we give blogs value of $20 or $1,000 when all this information placed on the internet is plentiful and free. So it's not that the writings or the blogs are worth that. It's just hat we use that to justify giving certain individuals in the community morne than others. The reality is the may as well all have the same value in a sense. So you need scarcity to justify this capitalistic narrative. Without it doesn't even make any sense.
I won't speak long on vaccinations. I'll just cover all basis of the article. however these anti vaxxer right wingers are idiots. LIberals are also idiots but it just shows more with the right wingers. As if the government really wanted to kill you. They think that's the best method the government would use? Have everyone take it for population control as if the government can't think of many billions of other ways to kill you.
The government doesn't even do a good job of justifying going in other peoples lands and kiling them. They almost straight out just saying well that's why we go now you can believe whatever you want but the government never really did alot to defend many of the events they've been part of in human history. THey just kill people and move on through history and then go thats another time much like they dropped that bomb on hiroshima. They don't have to come up with so many creative ways to kill you. THey can kill you through the food and water. Anti vaxxers are the dumbest idiots on the planet. Also the government is us stupids lol. They speak of the government as if it's a shadowy govt here and we're over there. No the people who make up the government are your family and friends. If they gotta kill you that means they care more about some ideology. That's the dumbest thing ever. That's why revolts happen so well like clockwork because soldiers aren't going to kill their own family members and scientist will whistleblow before they do the bidding of the government. So you guys need to stop with the baloney and tv and crazy imagination. if the government is killing us it's because we wanna kill us. It' s not because nancy pelosi thinks it's a good idea to kill us lol.
if you really analyze it and think about it.. Like really just use your noodle and think. what people really want in crypto is like some type of meritocracy and good distribution system. They don't want some capitalistic repeat of what they already have in the standard economy. If they want that why would we need crypto? We already got all that. if you wanna be free and you believe you can be free under some type of capitalism that can't work without govt control. If you think you can though and you want some rich people and some poor people and some middle class people. Isn't your brain smart enough to know we already do that and the reason it doesn't work well is maybe because it's not suppose to work well lol.
If it worked well capitalism and our economy wouldn't be imploding and we wouldn't be running to crypto. So clearly the people want some type of fair distribution system that makes sense. They don't even want what crypto is showing us right now which is like a type of feudalism. I don't care what crypto project you run to. You notice they all look ratio wise the same. Like a few guys with all the money. Go back to our standard economy few guys with all the money in these feast or famine systems.
You think several billion people want that? Are you all somekind of idiots? So the people don't want that. They keep recreating stuff because what they have obviously doesn't work. what they creating doesn't work as crypto certainly not working. Not saying it can't work but it's certainly not working now. If it's working for whom is it working? What's the numbers like. Shouldn't the numbers be better in crypto? So we can continually go in circles about this and every week there be a new topic on this. it only takes one thats the one that works. How you all doing it doesn't work because you just repeating the same systems you already have.
If you want a different result i would advise don't build systems based on systems you already have that don't work. You gotta make them look like the systems you want them to look like. You have to define what you'd like it to look like if everything else is wrong. If you say the crypto systems or any system works well and i say it doesn't. That's not a system that works for everybody or enough people. THen you show me the percentile of who it works for. If it looks bad across the board then you decide it doesn't work. That's how it works lol.
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I think crypto has the potential to cater for a wide range of political beliefs.
There are currently plenty of coins that reward you based on providing your stake to secure the system, reflecting a capitalistic structure.
But there's no reason why succesful UBI-style coins couldn't also arise.
The great thing is that people across the world with shared beliefs can now work together to achieve their community goals. It could be a new form of democracy, moving away from majority/minority rule to a series of financial systems under which you join the system which reflects your own beliefs.
Yes and i agree alot with what you're saying. However action and the results of what people want aren't mutually the same. So it's like saying hey i'd like to put a business on the blockchain. Okay what does it accomplish putting a business on the blockchain?
It's like if you go back to satoshi. if you look at how bitcoin works and how the mind of the bitcoin maximalist works. I'm not a bitcoin maximalist but now after careful examination i see some of what they say makes sense. Like for example satoshi meant bitcoin to be a currency. a sound money for people to protect and verify what they own and it not be stolen or manipulated. That was his hope. That's not what happened but the dream is still alive. However his original concepts made alot of sense. Then ethereum came along lol.
See the problem with all of this is putting businesses on the chain not really creating any type of economic prosperity in that sense. We know how to create businesses and provide services for the people. Our problem was always in creating effective currencies. i get the idea of well you can do this collectively. however the data is showing crypto is still just shaping up similar to how the standard economy works. I still don't see any data that suggest that will turn around. I think that's for many reasons. However i think the focus should be on an effective "currency".
All these ico's and pyramid and ponzi schemes etc., It's a reason they don't work well. i think the further we focus on just being a currency not a speculative device or an asset. A currency, the more we focus on that the closer i think crypto will resemble what we want. There are many complexities as to what would need to happen for that to occur.
In the long haul process it's do what we doing now. Just try to create this top up bottom down businesses over and over and over again. Then we paint this picture of what we have already in the standard economy as we're using the same blueprint. Or we can do what we have the power to do. We can for the first time in history not have an accidental or incidental economy.
We could have a manufactured economy where it does what we want it to do. We can just give the people the money. We don't need to do this big run around and take 50 years to make this work lol. We can just directly inject the people with the money and i think that would be more effective.
However to be able to do that we'd have to first put aside our false capitalist beliefs that don't even work in the first place. It's been imploding for over 70 years. We could bypass all that and focus on what works. We can't do that if people aren't able to move forward into the 21st century with the same ideologies about government and the economy that doesn't even work now. The good news is people now are questioning how our economy works.
They are now opening their eyes to we should be doing projects like ubi. So it's better late than never i guess. We also still got these people who will watch everything burn down rather than fix the system.
This post has earned bbd coins
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Or stick a crypto miner inside the bot. Then let them have the shitty jobs that no one wants. People can get paid double and do as they wish. :)
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