Actually its not a valid comparison. We cannot live without air, water and an energy source like that from our local star, but we could live without money.
History shows we used to trade things without money, but this wasn't too practical until "precious things" (rare) came around, then we could trade more easily. The concept of money due to practicality, originally it was the precious metals themselves, but then goverments happened...
The older cases of inflation were very physical. Romans when troubled by budgetary reasons (the usual) started reducing the amount of gold of each Dinar which prompted their hyperinflation later and an emperor even resigned (for the first time in their history).
But then paper "representing" those metals started being used, and the stage was set for the fractional reserve scam.
Bitcoin undoes this later part, in fact bitcoin doesn't even pretend to represent any arbitrary amount of metal, its price is freely decided by the market by its usefulness alone, so you could say its price is "honest" since you don't have to trust any third party to fulfill a promise of value. So while its not pegged to anything, it also is unique and limited. On top of that its electronic, so even easier to trade with.
Agreed. And to those that deign to say we could one day transfer our consciousness onto a computer chip and create an AI software to mimic our minds, we would still need a source of energy to power that, and for as long as entropy cannot be reversed, we are doomed to extinction in whatever means we live, organic or otherwise.
But money is the one invention of man that enabled commerce -- and perhaps one we no longer can do without, but it is not a concept that is guaranteed eternity. Already I read of places that have forsaken money and returned to barter. Perhaps some day, even private ownership will be obsolete.
Until then, Bitcoin is the better money.
