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Topic: Imagine that economy that we know it today is not needed.... (Read 579 times)

member
Activity: 350
Merit: 11
If bitcoin enters the financial structure of my country and starts to change it, the authorities are likely to accept it and issue regulation policy.
it will definitely be done in every country if bitcoin start entering their country because they will understand that there are still many shortcomings from bitcoin hence will emerge some new policy to avoid thing not in want
legendary
Activity: 2296
Merit: 1335
Don't let others control your BTC -> self custody
There are just a couple of people in my country who understand what crypto currency is, so I dont think the bitcoin or it's value affects our economy by any means.

You're underestimating the popularity of cryptocurrencies.

In my opinion, life can not go on without the economy, and if so, people must meet their needs and exchange, it isn't possible. In fact, there were also economies when money was not available, only people were changing their crops or physical works instead of money. But money makes things even easier, and crypto is an advanced model of money.

Life has been there long before the economy and it will be there long after. To be clear, humans aren't the only living creatures on the planet, end even among humans we need at least a basic form of society for the economy to develop. That said, a cryptocurrency won't change the distribution of wealth around the world, won't equalize people, won't make the production and consumption of goods that much different.
member
Activity: 560
Merit: 13
Yeah, that will be weird and without economy no country can develop. The economy not only used for countries but it is useful for the people also in some where to make their living and lifestyle changes. Economy of a country depends on the exports and imports they do and also with the trading of good and services they do internally in their country I think.
sr. member
Activity: 1624
Merit: 250
In my opinion, life can not go on without the economy, and if so, people must meet their needs and exchange, it isn't possible. In fact, there were also economies when money was not available, only people were changing their crops or physical works instead of money. But money makes things even easier, and crypto is an advanced model of money.
sr. member
Activity: 1313
Merit: 302
Imagine that economy that we know it today is not needed anymore, personal profit stimuli is just a page of a history and social and political  life is just different from it's today version.

How then needs of people are solved, and on what would you spend your time and energy in that case? Did you see the crypto there, and if yes in what role?)

P.S. I know the Ideas of Karl Marks about post-komunism and not a fan of it)

The economy is improving because of that banks but since not everyone is wealthy enough to place money on banks then cryptocurrency is the answer for other people to become wealthy in the future.

The people who had invested in cryptocurrency will get profit.If you had keep your money in bank,it's no use.You will get 5-10% of interest from bank for the investments .But for that you have to keep it for certain period of time.For example,you have to hold the money for the period of one year.Cryto investments give more profit.
sr. member
Activity: 980
Merit: 255
There are just a couple of people in my country who understand what crypto currency is, so I dont think the bitcoin or it's value affects our economy by any means.
I think you are severely mistaken, it may not seem like it and I understand that is difficult to find people that have similar ideas since cryptocurrencies are so new but believe me they are out there, I remember back in the old days I thought I was the only one that used Linux and I found some people that did and we shared some advice about how to configure our computers and several other tips like that and now even if windows is still very popular Linux has become a lot more common and the same is going to happen with bitcoin in the future.
hero member
Activity: 966
Merit: 517
As the saying goes, "Money makes the world go round" means that it would be impossible for the world that we live in today, forget the use of money. Also, the fact that our resources are limited makes it more impossible for a world where money is not needed. We need to pay for services that others provide so that we can continue having their services.
Even in the days of our forefathers back in those days, there was always an exchange which was the trade by barter system, and what we keep having is just an evolution of that system of exchange which we eventually are where we are at today. To be able to get something from someone, there must always be something of value in a way that the person needs that you are willing to make an exchange with and that is where the idea of cash with everything still revolving around money and there is absolutely no way we can do without it.
full member
Activity: 448
Merit: 100
Lets Go Adab
Imagine that economy that we know it today is not needed anymore, personal profit stimuli is just a page of a history and social and political  life is just different from it's today version.

How then needs of people are solved, and on what would you spend your time and energy in that case? Did you see the crypto there, and if yes in what role?)

P.S. I know the Ideas of Karl Marks about post-komunism and not a fan of it)

The economy is improving because of that banks but since not everyone is wealthy enough to place money on banks then cryptocurrency is the answer for other people to become wealthy in the future.
hero member
Activity: 1036
Merit: 500
Imagine that economy that we know it today is not needed anymore, personal profit stimuli is just a page of a history and social and political  life is just different from it's today version.

How then needs of people are solved, and on what would you spend your time and energy in that case? Did you see the crypto there, and if yes in what role?)

P.S. I know the Ideas of Karl Marks about post-komunism and not a fan of it)
The economy nowadays are so polluted. People and government and also political are so polluted they polluting the world.so I want. Changes. I want to change the economy of the world where the poverty is enemy of all. And we are all the same.those in needs are given they right and what they feeds
What is there to work for in that case? How will people be rendering services? In that way I bet we are all just going to end up acquiring a piece of land and start farming, and I am still trying to wonder what anyone will be using to acquire those lands, buy seeds to plant and so on and so forth.

Without some of these things, needs will not be solved, unless we will now have to start looking for a way to create solution in exchange back for something or a skills that person has which one way or the other is still more like money.
full member
Activity: 267
Merit: 101
There are just a couple of people in my country who understand what crypto currency is, so I dont think the bitcoin or it's value affects our economy by any means.
legendary
Activity: 1512
Merit: 1041
Economy by its definition means is an area of the production, distribution, or trade, and consumption of goods and services by different agents. Therefore, it's really hard to imagine what we already know about economy would be perished due to this new era of technology. Economy will definitely stay and positively will improved especially in terms of its system through the help of the new develope blockchaon technology.
Thanks for really pointing that out as while I was busy reading through the thread, it seems some people do not actually understand what economy is before even giving an answer.

Economy is more like a state or condition of a particular country as the case may be based on some of the things you have mentioned, and without those things, there is no economy and there is no form of survival in a way, and we might as well just say everyone in such country are as well as good as dead as no one will basically be serving any function and I wonder how that would end up.
newbie
Activity: 210
Merit: 0
Imagine that economy that we know it today is not needed anymore, personal profit stimuli is just a page of a history and social and political  life is just different from it's today version.

How then needs of people are solved, and on what would you spend your time and energy in that case? Did you see the crypto there, and if yes in what role?)

P.S. I know the Ideas of Karl Marks about post-komunism and not a fan of it)

Well ,I think crypto has a big role our life and i think this is what we need to be ready in the future.We invest time here and then join to other project after that they give you rewards which is token/altcoins . It is your decision if you use it now with the lowest prize or you will use it someday with the possible higher prize. Holt it or Sell it .

In crypto world you need to be wise and full of ideas. And in my opinion it is better to hold your token now and use it if you so much need it .Because there are possible that its value getting higher and higher soon.
member
Activity: 308
Merit: 11
Imagine that economy that we know it today is not needed anymore, personal profit stimuli is just a page of a history and social and political  life is just different from it's today version.

How then needs of people are solved, and on what would you spend your time and energy in that case? Did you see the crypto there, and if yes in what role?)

P.S. I know the Ideas of Karl Marks about post-komunism and not a fan of it)
Today, for some reason, the crypto currency is being presented as a panacea for all problems, and for resolving any issues not only economic but also political. However, this is not the case. Crypto-alyuta, it's just more convenient to use money, and no more. It does not solve any significant problems. Including can not significantly affect the economy. Decentralized crypto currency can only go along with national money, it can not be used as the main money, otherwise it will harm the economy. Therefore, nothing significant will happen, the economy has been, this will remain.
sr. member
Activity: 980
Merit: 255
Imagine that economy that we know it today is not needed anymore, personal profit stimuli is just a page of a history and social and political  life is just different from it's today version.

How then needs of people are solved, and on what would you spend your time and energy in that case? Did you see the crypto there, and if yes in what role?)

P.S. I know the Ideas of Karl Marks about post-komunism and not a fan of it)
I do not think that what you are proposing can happen, the economy as we know can change somewhat especially if in the distant future cryptocurrencies are adopted or at least if gold is once again used as a currency, but capitalism is the only system that works, if people cannot benefit from their actions then people are not going to work hard and while production can be more or less replaced by machines creativity cannot be replaced right now so new inventions will stop appearing, this is why communist USSR was never an economic superpower.
sr. member
Activity: 728
Merit: 266
The present social, political and economic life of mankind has been formed for thousands of years and it can not be destroyed in a moment. This is not realistic. Crypto currency in these areas will not change much. In the economy there may be a certain redistribution of wealth. That's all.
If someone is thinking like you have portrayed here they all must need mental rehabilitation. Bitcoins haven’t made any problems from the humanity. Rather they are solving hundreds and thousands of problems. Every day so many people are getting jobs on bitcoins in different ways. So how they become a threat to humanity and the existence of humanity? Think over it.
Did you even read what he wrote before criticizing him, because from the look of things, I am not sure who really needs the rehab (sorry!)…

By the way, everything he said is right and there is nothing wrong and in no way did he mention that cryptocurrency is the problem and indeed he described it as a solution to the issue the present system has created over the years which cryptocurrency is pretty much going to be a solution to. However, the only thing I disagree with is just the redistribution of wealth, as wealth would only end up in the hands of the early adopters and the wealthy ones at the end anyway.



                             As hardly as it goes but it is reality that we need to face. Besides it doesn't imply that cryptocurrency will be the ones that destroy the economic system built thousands of years ago. Aside from that the world is constantly changing, and the flow of economic state is also changing not destroying it either, cryptocurrency maybe stand as a threat for certain governments but as for me it is a game changer and not a destroyer.
full member
Activity: 267
Merit: 101
If bitcoin enters the financial structure of my country and starts to change it, the authorities are likely to accept it and issue regulation policy.
sr. member
Activity: 672
Merit: 253
CryptoTalk.Org - Get Paid for every Post!
Imagine that economy that we know it today is not needed anymore, personal profit stimuli is just a page of a history and social and political  life is just different from it's today version.

How then needs of people are solved, and on what would you spend your time and energy in that case? Did you see the crypto there, and if yes in what role?)

P.S. I know the Ideas of Karl Marks about post-komunism and not a fan of it)
what do you mean about the role of government in economy. and if that is what you mean, of course I am not too sure that the economy will work because of course there will be no rules in force while we know that in economic terms there must be rules in the implementation and of course the government will have a role in that .
legendary
Activity: 2996
Merit: 1188
The present social, political and economic life of mankind has been formed for thousands of years and it can not be destroyed in a moment. This is not realistic. Crypto currency in these areas will not change much. In the economy there may be a certain redistribution of wealth. That's all.
If someone is thinking like you have portrayed here they all must need mental rehabilitation. Bitcoins haven’t made any problems from the humanity. Rather they are solving hundreds and thousands of problems. Every day so many people are getting jobs on bitcoins in different ways. So how they become a threat to humanity and the existence of humanity? Think over it.
Did you even read what he wrote before criticizing him, because from the look of things, I am not sure who really needs the rehab (sorry!)…

By the way, everything he said is right and there is nothing wrong and in no way did he mention that cryptocurrency is the problem and indeed he described it as a solution to the issue the present system has created over the years which cryptocurrency is pretty much going to be a solution to. However, the only thing I disagree with is just the redistribution of wealth, as wealth would only end up in the hands of the early adopters and the wealthy ones at the end anyway.
hero member
Activity: 1190
Merit: 500
The economy that we know today is uniquely changing with the development of the crypto industry. Very soon all the principles of the modern economy will be recorded in the archives of history.

I have the same hope, bro. In my country, the economy is not in the best position. The government should really think better how to change it for the best.
I think the economy today is still very necessary. you can not replace the existing economy today with crypto let alone apply it in a poor country where the internet is an expensive item. I think the country economy will also depend on the country itself such as ideology, economic structure, and so on. we can not generalize that all countries can use the crypto economy
newbie
Activity: 77
Merit: 0
Imagine that economy that we know it today is not needed anymore, personal profit stimuli is just a page of a history and social and political  life is just different from it's today version.

How then needs of people are solved, and on what would you spend your time and energy in that case? Did you see the crypto there, and if yes in what role?)
Today's economy system cannot be eradicated completely. We are going to have a perfect economic state where your money will not lose its value and also no one can freeze our your money. A mixture of crypto and fiat based economy system will be serving better than what we have with fiat only system. Our needs will get solved in a similar manner how we are doing right now. Because crypto will act exact similar to fiats hence we do not need to worry on crypto based economy system.
newbie
Activity: 29
Merit: 0
It's so hard to imagine for any such society. If we look around people are running here and there, sacrificing their own space and energy to earn comfort, necessities and satisfaction for the knowledge they have.  If motivation of money won't exist then I doubt people won't be so much self driven to work or do anything. There could be others who can use the resources for the benefit of society but major chunk of the society would be dead and motionless. 🙂
full member
Activity: 524
Merit: 100
Imagine that economy that we know it today is not needed anymore, personal profit stimuli is just a page of a history and social and political  life is just different from it's today version.

How then needs of people are solved, and on what would you spend your time and energy in that case? Did you see the crypto there, and if yes in what role?)

P.S. I know the Ideas of Karl Marks about post-komunism and not a fan of it)
LOL….you just saying this like you don’t know what is economy 😀😂. What is even economy? Economy. Has to do with money, supply of food and a lot of things in a country. So how can you be asking question about if the world should take away everything that has to do with economy. You can’t do that, cause it’s very, very important to every nation.
full member
Activity: 267
Merit: 101
However, this industry has not been clarified yet and what we need is the measures to be taken be the authorities.
Despite the fact that Bitcoin got into social media and other platforms, there are still some people who do not know it's purpose.
member
Activity: 434
Merit: 10
Economy by its definition means is an area of the production, distribution, or trade, and consumption of goods and services by different agents. Therefore, it's really hard to imagine what we already know about economy would be perished due to this new era of technology. Economy will definitely stay and positively will improved especially in terms of its system through the help of the new develope blockchaon technology.
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
The present social, political and economic life of mankind has been formed for thousands of years and it can not be destroyed in a moment. This is not realistic. Crypto currency in these areas will not change much. In the economy there may be a certain redistribution of wealth. That's all.
If someone is thinking like you have portrayed here they all must need mental rehabilitation. Bitcoins haven’t made any problems from the humanity. Rather they are solving hundreds and thousands of problems. Every day so many people are getting jobs on bitcoins in different ways. So how they become a threat to humanity and the existence of humanity? Think over it.
I don't think he said bitcoin was a threat to the humanity,he wanted to say that the currency money system has been in the procitce for too long and it cannot be destroyed by the crypto currencies easily but cryptos are really helpful for some people to earn money which may brings equality.
hero member
Activity: 1148
Merit: 528
The present social, political and economic life of mankind has been formed for thousands of years and it can not be destroyed in a moment. This is not realistic. Crypto currency in these areas will not change much. In the economy there may be a certain redistribution of wealth. That's all.
If someone is thinking like you have portrayed here they all must need mental rehabilitation. Bitcoins haven’t made any problems from the humanity. Rather they are solving hundreds and thousands of problems. Every day so many people are getting jobs on bitcoins in different ways. So how they become a threat to humanity and the existence of humanity? Think over it.
full member
Activity: 350
Merit: 100
Imagine that economy that we know it today is not needed anymore, personal profit stimuli is just a page of a history and social and political  life is just different from it's today version.

How then needs of people are solved, and on what would you spend your time and energy in that case? Did you see the crypto there, and if yes in what role?)

P.S. I know the Ideas of Karl Marks about post-komunism and not a fan of it)
The economy nowadays are so polluted. People and government and also political are so polluted they polluting the world.so I want. Changes. I want to change the economy of the world where the poverty is enemy of all. And we are all the same.those in needs are given they right and what they feeds
full member
Activity: 350
Merit: 110
As the saying goes, "Money makes the world go round" means that it would be impossible for the world that we live in today, forget the use of money. Also, the fact that our resources are limited makes it more impossible for a world where money is not needed. We need to pay for services that others provide so that we can continue having their services.
newbie
Activity: 101
Merit: 0
So basically saying what is economy without money look like, because cryptos is still money, so what will society looks like without money? We can look the answer in the nature, animal don't use money, so how do tey fulfill their need? competition, fierce competition. And as human we can't compete fiercely on basic need such as food, we want to make it more civilize, everything must be in order, we hate chaos, so that is why i think we can't just erase and ignore money, because the true face of money and economy is a "rule" and system, getting rich or poor, full or hungry, is because of system, not because of dominant alpha male or female, so if economy is no longer exist and money as well i think our society just turn into animal kingdom.
jr. member
Activity: 406
Merit: 2
yes maybe that's an opportunity where we can use crypto maximally and improve our current economy, but every economy gets the profit it needs to be at least to meet the financial needs, there are many reasons for us to break away from the monotonous economic bonds like today
hero member
Activity: 1190
Merit: 500
The economy that we know today is uniquely changing with the development of the crypto industry. Very soon all the principles of the modern economy will be recorded in the archives of history.

I have the same hope, bro. In my country, the economy is not in the best position. The government should really think better how to change it for the best.
If the state economy is replaced by a crypto that you think is a good idea. how does the role of crypto to the economy of a country if there are still many people in the country don't know about internet? I think the crypto economy can not be implemented at this time. a good economy depends heavily on the role of government. how their policies are beneficial to the community such as the low cost of living, available employment, and so on
member
Activity: 364
Merit: 10
NO, the Economy was exist and will be stronger in future. How the economy is stronger today, due to personal profit. Personal profit not only helps the only person but also help the whole economy. We can see the many difference between today economy and previous economy. Why we can see that big changes? Because of personal profit or increase the personal economy. Someone don’t understand how the altcoin help in the economy. May be they don’t know the definition of economy or the reason behind the grow of country economy. That’s all about currency either traditional or digital, both currency transfer the value and transfer the value helps to increase the economic condition.
full member
Activity: 336
Merit: 100
The economy that we know today is uniquely changing with the development of the crypto industry. Very soon all the principles of the modern economy will be recorded in the archives of history.

I have the same hope, bro. In my country, the economy is not in the best position. The government should really think better how to change it for the best.
full member
Activity: 267
Merit: 101
I can see the banks have started to be concsious about the rising popularity of bitcoin, so they do not allowed to their customers to use the bitcoin at some situtations.
jr. member
Activity: 420
Merit: 1
The economy that we know today is uniquely changing with the development of the crypto industry. Very soon all the principles of the modern economy will be recorded in the archives of history.
full member
Activity: 532
Merit: 100
Well,  I mean we need to see what provlem it is tho or at least it need to be happens because we must be know the feel, if we know the problem and how does that feel then we can easily find the way to solve it. But I hope in the future that there is no problem about the economy in my country.
hero member
Activity: 2310
Merit: 886
I dream about the time when bitcoin will develop and pass freely accepted by the governments. A lot of people take their money from banks and invest their funds into bitcoin, and they don’t pay any taxes.
Are you on high or do you understand what you write?
Ok, let's everyone take money from banks and invest in bitcoin. Are you 100% sure price will rise? Or even it rise, are you again 100% sure that there won't be transaction confirmation problems? Let's forget this and imagine that exchangers decided to not exchange bitcoins, how are you going to use them?
And why won't you have to pay taxes if you own bitcoin? In reality you have to calculate value of bitcoin at the time you received transaction.
full member
Activity: 938
Merit: 137
The present social, political and economic life of mankind has been formed for thousands of years and it can not be destroyed in a moment. This is not realistic. Crypto currency in these areas will not change much. In the economy there may be a certain redistribution of wealth. That's all.
full member
Activity: 267
Merit: 101
I dream about the time when bitcoin will develop and pass freely accepted by the governments. A lot of people take their money from banks and invest their funds into bitcoin, and they don’t pay any taxes.
jr. member
Activity: 97
Merit: 1
thats a pointless talk because it would never happen that people would work without any personal benefits -_- impossible
newbie
Activity: 34
Merit: 0
i'll be doing something so that nation as a whole can be benefitted by the aid of it, like having some global busieness like dealing etc
full member
Activity: 546
Merit: 100
Many people are thinking that bitcoin is harmful to the economy but it is not true and bitcoin is adding much benefit to the economy and with this we can receive benefits while it has created a platform for the employment among the people and this is also a good way to do job for bitcoin if you are used to the modern technology then you can do good progress in the crypto market while for me it is good to buy the crypto and wait for the future because if the price rise the value of my investment.
hero member
Activity: 1862
Merit: 830
It will be like the Stone age In my thinking..
People will roam around naked because no one else will wanna work or if they will... Do they will do very badly!

There will be some who will be able to see their huge potential and ... Do something big .. as in if for example he/she loves to travel ..they can go anywhere ( by foot though? Cuz... Nothing will work everyone will become lazy and...think why work ?

It's impossible !
full member
Activity: 224
Merit: 100
  While I'm studied in school my professor told us that there will be a theory that in the future people won't ever use money because the geniuses persons in the world invented a new and high technology and that is a small chip. This chip will be put or inject into the body of the people and it serves as a passes to all transaction that they made. The people can buy what they wan't without the use of money.        
  That does not mean absence of money. It looks like people will insert their debit/credit cards somewhere deep in their body and rub this part of body on ATM to pay for something. They will use digital money or credits if you will, they would be slaves who are not able to do anything without the chip, who may be traced or disconnected.
   Regarding the topic. If all vital needs are solved then people will be hardly manipulated, they will develop their spirit and seriously solve the question of origin of Earth and humankind. If people would know who they are and what exactly they are doing here they will be able to find great questions and reach beautiful goals. But all this is utopia, people in power have their own aims and we mostly just follow them
newbie
Activity: 67
Merit: 0
i think then the real world economy will not remain an economy anymore. it will get converted into a heap of broken society
hero member
Activity: 2576
Merit: 666
I don't take loans, ask for sig if I ever do.
  Economy without presence of money? Supposedly it is hard to think because in many years and decades money issuance is the most important thing in our daily lives. By use of it people can buy or can do other transactions that has value or cost. However, in other hand I wanted to share something regard to this.
   While I'm studied in school my professor told us that there will be a theory that in the future people won't ever use money because the geniuses persons in the world invented a new and high technology and that is a small chip. This chip will be put or inject into the body of the people and it serves as a passes to all transaction that they made. The people can buy what they wan't without the use of money.
   It is only a one of the theory that is possible to happen. No one can predict what was going to happen in the future. But one thing is for sure and that is "Nothing is Impossible".   
member
Activity: 98
Merit: 13
Imagine that economy that we know it today is not needed anymore, personal profit stimuli is just a page of a history and social and political  life is just different from it's today version.

How then needs of people are solved, and on what would you spend your time and energy in that case? Did you see the crypto there, and if yes in what role?)

P.S. I know the Ideas of Karl Marks about post-komunism and not a fan of it)

I actually do not like the idea of money at all and I think it should be replaced with the barter system that we used to have in the past. Current situation is that money has accumulated in the hands of very few people. There are huge gaps between the rich and poor and the people on powerful positions do not care about improving the life of poor. I know some of the people have really worked hard to accumulate money in their life but others just tool wrong routes to achieve that.
newbie
Activity: 23
Merit: 0
To be honest i didnt get your point? Are you drunk or what? you cant explain your query clearly
full member
Activity: 364
Merit: 107
Yes this idea is boarderline communism. It really sound good in writing but this idealistic will not apply in the real world.

Now imagine this you are a doctor and studied for 10 years with phd and your neighbour cleans toilet for a living but you get the same paycheck from the government. Sounds fair to you?
newbie
Activity: 74
Merit: 0
what is there to imagine which is just an imagination itself? Do you really think its gonna happen?
member
Activity: 616
Merit: 11
Decentralized Ascending Auctions on Blockchain
The question says about imagination, if we try to imagine the future life of people with cryptocurrency, it is something hard to explain and estimate on what really happenings on the future, and even all people in the world became equally having wealth but for sure our economy system still exist. If we try to look at the economic changes that have taken place in the past, we can see that  they follow the pattern  of cycle economic movement, from one condition to another and back again and it is called a business cycle.
newbie
Activity: 57
Merit: 0
thats a pointless talk because it would never happen that people would work without any personal benefits -_- impossible
sr. member
Activity: 1428
Merit: 308
Even with a world that bitcoin is the only currency available, there's still so inequality. Communism runs against human nature, that's why it has all but vanished. I really think the only time there will be complete "equality" is when we have transcended humanity in some sci-fi sort of stuff, with humans having very little needs and not much wants.
That is the real thing in the world. Even if there is way for us to have an equal way of having power and right there will be always a group of people will support power manipulation and government system where role and ruling is established for a someone to manipulate and to control particular in the concept that they could help to either develop a country or not. Yet, this is quite an impossible thing to happen.
sr. member
Activity: 630
Merit: 251
Despite the advancement of technology and the rise of this new crypto currency system there are still need of the economy, it did not only of money, the condition of people, how their needs being met and how well their life is, changes in life and status does help increase the growth of ones economy, economy and society is inter connected and they go hand in hand for the development  and progress of a country
You mean working on people? Yes this is called socio economic if I aunt predicting you wrong. What you have said is important. Definitely there must be work on the society that how the economics can be dealt so that people can get better life style. You need to know who will be changing the life styles of people and that is government. But unfortunately our governments don’t get interest in this.
jr. member
Activity: 173
Merit: 1
Imagine that economy that we know it today is not needed anymore, personal profit stimuli is just a page of a history and social and political  life is just different from it's today version.

How then needs of people are solved, and on what would you spend your time and energy in that case? Did you see the crypto there, and if yes in what role?)

P.S. I know the Ideas of Karl Marks about post-komunism and not a fan of it)
Oh, why is thread so unpopular? Hmm..
Seems you know Karl Marks but don't you know Adam Smith? If not then that's strange but if you know don't you like his ideas? I think current economy is build on his ideas or call it what you want.
I think current economy model is great but it needs some changes: There must be limit on profit. For example any pure business profit higher than 100K monthly must go on world's budget. To help poor people but not directly, the main idea in this world is knowledge, they must learn. Best investment in this world is knowledge, that must be considred to build better economy.
A little bit far from topic but hope everyone read it carefully and underdtand what I mean.


Hmm maybe it's not popular because it's a form of a challenge to think out the paradigm you know and act in))

Yea but in your concept not clear how this "world budget" will be speeded, who will decide where this mone will go, how to take from business income out of seated limit maybe it necessary for its survival???
This idea works today but in a free-form not sure that it can be made out without of people will to share...
jr. member
Activity: 173
Merit: 1
Despite the advancement of technology and the rise of this new crypto currency system there are still need of the economy, it did not only of money, the condition of people, how their needs being met and how well their life is, changes in life and status does help increase the growth of ones economy, economy and society is inter connected and they go hand in hand for the development  and progress of a country
If there is nothing like economy and we do not need to worry about money, then I will be spending my time searching for food, cause that’s the most important thing a human being requires to continue living; food and water. Even with money around, the reason we are fighting for this so called  Economy and money is because we need it to be able to achieve a lot of things, including everything that’s necessary for a living.


Thanks for your opinion, yea food and water is, of course, the basic necessity, but the main question for me is what's next, what the human will do after it's not a question of survivor anymore?
jr. member
Activity: 173
Merit: 1
Your talking about the future changes of life living status, maybe from democracy to communism. I will sight a certain country that belong to communist, like for example china. Look at china today, we can see that china is very competitive in terms of economic situation, but we cannot say that their living people are equal in terms of financial status, there are people also belongs in communist country are suffering on their daily needs, like foods and commodities. And if there are some changes would be made in the future, I'm hoping that all cryptocurrencies are present and still operated. Because only cryptocurrencies can change life status, in terms of financial needs, and it would also minimize people belongs to extreme poorest.

If to look at China to compare with Europe or US people might be not equal in their facilities and we might say that people of China may be on a lower step
but compare China and North Korea or Laos,
China people no much higher step and all these 3 countries have a form of a communism buy the way and how different they are...
full member
Activity: 448
Merit: 102
Despite the advancement of technology and the rise of this new crypto currency system there are still need of the economy, it did not only of money, the condition of people, how their needs being met and how well their life is, changes in life and status does help increase the growth of ones economy, economy and society is inter connected and they go hand in hand for the development  and progress of a country
If there is nothing like economy and we do not need to worry about money, then I will be spending my time searching for food, cause that’s the most important thing a human being requires to continue living; food and water. Even with money around, the reason we are fighting for this so called  Economy and money is because we need it to be able to achieve a lot of things, including everything that’s necessary for a living.
hero member
Activity: 2310
Merit: 886
Imagine that economy that we know it today is not needed anymore, personal profit stimuli is just a page of a history and social and political  life is just different from it's today version.

How then needs of people are solved, and on what would you spend your time and energy in that case? Did you see the crypto there, and if yes in what role?)

P.S. I know the Ideas of Karl Marks about post-komunism and not a fan of it)
Oh, why is thread so unpopular? Hmm..
Seems you know Karl Marks but don't you know Adam Smith? If not then that's strange but if you know don't you like his ideas? I think current economy is build on his ideas or call it what you want.
I think current economy model is great but it needs some changes: There must be limit on profit. For example any pure business profit higher than 100K monthly must go on world's budget. To help poor people but not directly, the main idea in this world is knowledge, they must learn. Best investment in this world is knowledge, that must be considred to build better economy.
A little bit far from topic but hope everyone read it carefully and underdtand what I mean.
hero member
Activity: 1400
Merit: 536
Today's economy is not in line with crypto money, and I think banks are no longer suitable for working with crypto money. Bitcoin is banned in the US with credit cards, now more prohibited Bitcoin in difficult situations.
PIR
member
Activity: 322
Merit: 10
CRYPTOBLADES Octoblades 10.10
Despite the advancement of technology and the rise of this new crypto currency system there are still need of the economy, it did not only of money, the condition of people, how their needs being met and how well their life is, changes in life and status does help increase the growth of ones economy, economy and society is inter connected and they go hand in hand for the development  and progress of a country
sr. member
Activity: 630
Merit: 272
Your talking about the future changes of life living status, maybe from democracy to communism. I will sight a certain country that belong to communist, like for example china. Look at china today, we can see that china is very competitive in terms of economic situation, but we cannot say that their living people are equal in terms of financial status, there are people also belongs in communist country are suffering on their daily needs, like foods and commodities. And if there are some changes would be made in the future, I'm hoping that all cryptocurrencies are present and still operated. Because only cryptocurrencies can change life status, in terms of financial needs, and it would also minimize people belongs to extreme poorest.
Cryptocurrencies are not created to bring communism to the world. Lol. Cryptocurrencies allow everyone who works to have an income. They erase the wage gap between rich and poor countries. They allow you to be free from the power of the rich and pointless prohibitions of governments. There are many other advantages. But it's not communism.
member
Activity: 616
Merit: 11
Decentralized Ascending Auctions on Blockchain
Your talking about the future changes of life living status, maybe from democracy to communism. I will sight a certain country that belong to communist, like for example china. Look at china today, we can see that china is very competitive in terms of economic situation, but we cannot say that their living people are equal in terms of financial status, there are people also belongs in communist country are suffering on their daily needs, like foods and commodities. And if there are some changes would be made in the future, I'm hoping that all cryptocurrencies are present and still operated. Because only cryptocurrencies can change life status, in terms of financial needs, and it would also minimize people belongs to extreme poorest.
jr. member
Activity: 173
Merit: 1
Imagine that economy that we know it today is not needed anymore, personal profit stimuli is just a page of a history and social and political  life is just different from it's today version.

How then needs of people are solved, and on what would you spend your time and energy in that case? Did you see the crypto there, and if yes in what role?)

P.S. I know the Ideas of Karl Marks about post-komunism and not a fan of it)

This is like an idea of capitalism. Looking forward in the society that economy, politics, and social life is differ I see it as I don't really know what would be the future of it. To look it again I can assume that it will be more complicated to adopt such things when time comes. Adopting new ways of life in society, politics and social life can affect the entire humanity. Crypto will be like a precious stone, and it will be a treasure hunting. The role of crypto will be a way of changing the economic status. Adopting new, and updating the old habits of everyone and the government. I also think life on that day become more harder than todays life.

Share your point)
When changes came for human brain it's not easy to restart old neuron connections because in that case, his identity  will change after it, but yea I'see this changes it like a big great movie,aleredy grab my popcorn, and nice place to look on))
newbie
Activity: 193
Merit: 0
Imagine that economy that we know it today is not needed anymore, personal profit stimuli is just a page of a history and social and political  life is just different from it's today version.

How then needs of people are solved, and on what would you spend your time and energy in that case? Did you see the crypto there, and if yes in what role?)

P.S. I know the Ideas of Karl Marks about post-komunism and not a fan of it)

This is like an idea of capitalism. Looking forward in the society that economy, politics, and social life is differ I see it as I don't really know what would be the future of it. To look it again I can assume that it will be more complicated to adopt such things when time comes. Adopting new ways of life in society, politics and social life can affect the entire humanity. Crypto will be like a precious stone, and it will be a treasure hunting. The role of crypto will be a way of changing the economic status. Adopting new, and updating the old habits of everyone and the government. I also think life on that day become more harder than todays life.
sr. member
Activity: 882
Merit: 251
If we did not need this economy anymore, there will definitely be other ways of doing thing.

Economy is always needed and it will always exist until the states will live. How will people manage their money or whatnot that can replace it without this knowledge?
jr. member
Activity: 173
Merit: 1
Honestly, I do not see a world that can be well-functioned without economy. As soon as the latter collapses, countries or governments will follow its fate. Even with the personal benefits nowadays, people will still be the same without the economy because they are greedy and only think about themselves. On the other hand, the economy provides people with income and stability. Although it prioritizes the rich, it also takes care of the poor.

Yea understand your point of view, except oone:

"Even with the personal benefits nowadays, people will still be the same without the economy because they are greedy and only think about themselves" ----

To my mind more close to what i see, sound like this:
- " ideas of personal benefit, make people to act like are greedy, and only think about themselves"


newbie
Activity: 266
Merit: 0
That is a real problem! Economics deal with our lives. We functions together because there is an economy. If it will be eliminated, it will make a destruction to the people. Economy makes the equal allocation for the people and balanced the natural resources to the needs of the humankind. I don't think it is good to vanish the economy.
sr. member
Activity: 1078
Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
Honestly, I do not see a world that can be well-functioned without economy. As soon as the latter collapses, countries or governments will follow its fate. Even with the personal benefits nowadays, people will still be the same without the economy because they are greedy and only think about themselves. On the other hand, the economy provides people with income and stability. Although it prioritizes the rich, it also takes care of the poor.
jr. member
Activity: 173
Merit: 1
Imagine that economy that we know it today is not needed anymore, personal profit stimuli is just a page of a history and social and political  life is just different from it's today version.

How then needs of people are solved, and on what would you spend your time and energy in that case? Did you see the crypto there, and if yes in what role?)

P.S. I know the Ideas of Karl Marks about post-komunism and not a fan of it)
There would be literally nothing of value to spend time on, aside from improvement of the self in a system in which there would be nothing that really matters, as everyone's needs are taken care of.

I don't know if you've ever thought about this but goals that end in something that is almost completely unreachable are the ultimate form of stimuli for a nation. Communism would result in stagnation for the entire human species, there would be no incentive to move forward and it would conclude with humanity dying on Earth with no ambitious spirit as sexual excess and gluttony would grip the overwhelming majority of the population, a massive stagnation of everything and ultimately nothing would matter. Magic gay space communism will never work since there's a need for people to want to work, and when the large portion of the community cannot get that dopamine rush off of exploring it won't work.

The struggle is literally the key component of human civilization. We would not be here without it.

- about struggling.
there are a different point of views on this question one new theory, for example, saying that Cro-Magnon was having much more success in the evolution process, mostly because of it's social connections...
jr. member
Activity: 173
Merit: 1
You mean a society where money isn't needed anymore, profit isn't a goal anymore?

In a material world I think it's impossible to happen. What makes the big engine move are the necessities each one of us have to live decently. A society without these trades between people is a dead society, where nothing more is produced (technology, knowledge, discussions...). In a place like this Crypto-Currency wouldn't even be created...

Communists "dreamers" want people to believe a perfect equal society would be a solution for everything, but that is impossible as people aren't equal. Each one is unexampled and the decisons this person takes in life will decide his success or defeat. If everyone is equal by forced ways, the honest and the dishonest will have the same value on this society. The worker, who produces, and the vagabond, that only consumes, will have the same value and tools disponible.

So why would anyone want to work hard and develop something on a society like this? People won't appreciate it...
Why to work in a society like this? Just to survive?

We are in this world to thrive and to be fair with each other. Voluntary trades among people are necessary and vital for the progress of our existence.
This, people need to have equal rights but that does not mean we have the same capabilities, desires or dreams, people are different what may be a perfect society for some it would be a nightmare for others, a society where you do not need to struggle for anything is going to make human beings weak, just look at the humans of today and the weak mental and physical shape they are thanks to the technology we created, if this goes any further I'm not sure human society will survive for much longer.

hmm maybe I do not understand your idea correct, according to your conception
- if people didn't struggle than they became week yes?
why then you think that nowadays people are a week if they struggling a lot?
jr. member
Activity: 173
Merit: 1
Every country have their own economy fundamental so it's difficult to say that we do not need it anymore expect additional economy like bitcoin adoption.

To think the worst but you must need to think rational so this discussion can be more competitive to discuss otherwise we are discussing about nothing !

This first off all it was a form of a creativity task)

But i always can take a role of a sceptic or realist.

If to speak about your region, how you see this question?)
jr. member
Activity: 173
Merit: 1
You mean a society where money isn't needed anymore, profit isn't a goal anymore?

In a material world I think it's impossible to happen. What makes the big engine move are the necessities each one of us have to live decently. A society without these trades between people is a dead society, where nothing more is produced (technology, knowledge, discussions...). In a place like this Crypto-Currency wouldn't even be created...

Communists "dreamers" want people to believe a perfect equal society would be a solution for everything, but that is impossible as people aren't equal. Each one is unexampled and the decisons this person takes in life will decide his success or defeat. If everyone is equal by forced ways, the honest and the dishonest will have the same value on this society. The worker, who produces, and the vagabond, that only consumes, will have the same value and tools disponible.

So why would anyone want to work hard and develop something on a society like this? People won't appreciate it...
Why to work in a society like this? Just to survive?

We are in this world to thrive and to be fair with each other. Voluntary trades among people are necessary and vital for the progress of our existence.

maybe I'm not right but in my surround, the one who "work hard for financial stimul"are not the builders of society.
 They to much cycled on their personal(family) needs, but the one who know, why, and what for they are doing what they are doing, and can be free out of financial stimul,they are much more active...and yea many of them are social activists or have social oriented business.


What do you mean by "the builders of society", the proletariat? And those "working hard for financial incentive" are the bourgeois?

I think everything Crypto-Currency doesn't need is a "Class Struggle". The truth about this is that everyone is fighting for power, control and money. These activists, social groups, just use the poors as their meat shield on this battle, but once they reach the power, there won't be any equality, they will become unproductive nobles ruling a chaotic miserable society.

On the theory everything is always beautiful, but on practice always failed so far... But they are always prepared to try again saying this time will be different (and it always end with people trying to run away to foreign neighboor countries).

Maybe i've take not a correct terminology but "the builders of society" i can divide into active and passive and also conscious and not(but this part long story)...Passive are just the one who do their job (or maybe not) buy some goods, discuss politics on their kitchen...Active  are those who do something outside of the first ones.
Also i understand that it pretty much depend of many factors : free time time/cash flow/economy of region/ecology/contact between government and people....According to my activity and contacts  know situation in some countries like Germany, Norway, Russia, India and describe more fully if you interested)
legendary
Activity: 1862
Merit: 1015
Every country have their own economy fundamental so it's difficult to say that we do not need it anymore expect additional economy like bitcoin adoption.

To think the worst but you must need to think rational so this discussion can be more competitive to discuss otherwise we are discussing about nothing !
legendary
Activity: 2534
Merit: 1338
You mean a society where money isn't needed anymore, profit isn't a goal anymore?

In a material world I think it's impossible to happen. What makes the big engine move are the necessities each one of us have to live decently. A society without these trades between people is a dead society, where nothing more is produced (technology, knowledge, discussions...). In a place like this Crypto-Currency wouldn't even be created...

Communists "dreamers" want people to believe a perfect equal society would be a solution for everything, but that is impossible as people aren't equal. Each one is unexampled and the decisons this person takes in life will decide his success or defeat. If everyone is equal by forced ways, the honest and the dishonest will have the same value on this society. The worker, who produces, and the vagabond, that only consumes, will have the same value and tools disponible.

So why would anyone want to work hard and develop something on a society like this? People won't appreciate it...
Why to work in a society like this? Just to survive?

We are in this world to thrive and to be fair with each other. Voluntary trades among people are necessary and vital for the progress of our existence.
This, people need to have equal rights but that does not mean we have the same capabilities, desires or dreams, people are different what may be a perfect society for some it would be a nightmare for others, a society where you do not need to struggle for anything is going to make human beings weak, just look at the humans of today and the weak mental and physical shape they are thanks to the technology we created, if this goes any further I'm not sure human society will survive for much longer.
legendary
Activity: 1218
Merit: 1007
Imagine that economy that we know it today is not needed anymore, personal profit stimuli is just a page of a history and social and political  life is just different from it's today version.

How then needs of people are solved, and on what would you spend your time and energy in that case? Did you see the crypto there, and if yes in what role?)

P.S. I know the Ideas of Karl Marks about post-komunism and not a fan of it)
There would be literally nothing of value to spend time on, aside from improvement of the self in a system in which there would be nothing that really matters, as everyone's needs are taken care of.

I don't know if you've ever thought about this but goals that end in something that is almost completely unreachable are the ultimate form of stimuli for a nation. Communism would result in stagnation for the entire human species, there would be no incentive to move forward and it would conclude with humanity dying on Earth with no ambitious spirit as sexual excess and gluttony would grip the overwhelming majority of the population, a massive stagnation of everything and ultimately nothing would matter. Magic gay space communism will never work since there's a need for people to want to work, and when the large portion of the community cannot get that dopamine rush off of exploring it won't work.

The struggle is literally the key component of human civilization. We would not be here without it.
legendary
Activity: 1512
Merit: 1041
Imagine that economy that we know it today is not needed anymore, personal profit stimuli is just a page of a history and social and political  life is just different from it's today version.

How then needs of people are solved, and on what would you spend your time and energy in that case? Did you see the crypto there, and if yes in what role?)

P.S. I know the Ideas of Karl Marks about post-komunism and not a fan of it)

The people`s needs are unlimited,while the resources on our planet are limited.That`s why there`s no way the needs of the people to be solved completely.Limited resources mean that everything has a cost,which means that trading is a crusial part of the human civilization.Anyway,i think that the future society will be dominated by robots and all the people will have lots of free time.This will happend in the next century.
It’s not possible to say the word ECONOMY is not something to worry about. Unless we live in a world where we don’t get hungry, where we don’t need anything except just living our life anyway we see it. As far as we are living in this world, economy would be something that matters a lot.

In my view, all the world countries ate going to adopt bitcoins for the simple reason of giving financial freedom back to the people. People must have to take responsibilities and freedom based on the situations then we can fiats will be getting replaced by bitcoins in one day or other.
newbie
Activity: 70
Merit: 0
If profit or money isn't a motive and i think people will travel. That would be the one which people like to do, i have seen a lot of people who travel the world without a worry of money. They like to see new places, new people, but again you know this money thing will come into picture somehow and we will be on the same place there also. The world is evolving as it needs to be.
newbie
Activity: 40
Merit: 0
Imagine that economy that we know it today is not needed anymore, personal profit stimuli is just a page of a history and social and political  life is just different from it's today version.

How then needs of people are solved, and on what would you spend your time and energy in that case? Did you see the crypto there, and if yes in what role?)

P.S. I know the Ideas of Karl Marks about post-komunism and not a fan of it)

The future of crypto currency is actively discussed among the masses. Supporters of digital cash assume that innovative technologies completely supplant the familiar for us understanding of money. In other words, a real revolution is coming in the banking sector.

Let's consider the basic bases on which forecasts are based on the bright future of the crypto currency:

Protocol. We admit it or not, but the bitcoin protocol works in an uninterrupted mode. Yes, there are rough edges, but even the most desperate cybercriminals failed to break the system. After another attack by hackers, the protocol is updated and the defects are eliminated.
The cost. The material value of the digital currency is constantly growing - the crypt is resistant to inflation, which can not be said about traditional money. Also, bitcoin has an ideological component, and not a purely material one: the cost of scientific development lies in the detailed compilation of the mining algorithm or the extraction of bitcoins. The increase in the cost of bitcoins is facilitated by the interest of users, the expansion of the network and the modernization of the infrastructure.
Competitiveness. Crypto currency is pressing - the traditional economy feels this every year. Today, the Crypto-currency is ready to make a worthy competition to the existing banknotes.
Timeliness. Now the Internet has become a full-fledged economic space, where financial transactions are concluded, goods and services are sold and bought, and property and intellectual rights exist. Obviously, traditional banknotes do not cope because of the growth of the economy in the virtual world. Many insist that it is bitcoin that will become the currency of the new generation, transferring the Internet economy to a new phase of development.
Globality. The digital currency can be used in any country and on the globe - payments are made quickly, with minimal commission losses.
legendary
Activity: 2534
Merit: 1338
Imagine that economy that we know it today is not needed anymore, personal profit stimuli is just a page of a history and social and political  life is just different from it's today version.

How then needs of people are solved, and on what would you spend your time and energy in that case? Did you see the crypto there, and if yes in what role?)

P.S. I know the Ideas of Karl Marks about post-komunism and not a fan of it)
Not going to happen, it is that simple people have all kind of ideas of what we will do then but that is not going to happen, you are talking about a post scarcity kind of world where your everyday needs are solved but that is not true, even if all your desire for material possessions were solved you will still want things that are scarce, like knowledge, love or a desire for recognition.
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
You mean a society where money isn't needed anymore, profit isn't a goal anymore?

In a material world I think it's impossible to happen. What makes the big engine move are the necessities each one of us have to live decently. A society without these trades between people is a dead society, where nothing more is produced (technology, knowledge, discussions...). In a place like this Crypto-Currency wouldn't even be created...

Communists "dreamers" want people to believe a perfect equal society would be a solution for everything, but that is impossible as people aren't equal. Each one is unexampled and the decisons this person takes in life will decide his success or defeat. If everyone is equal by forced ways, the honest and the dishonest will have the same value on this society. The worker, who produces, and the vagabond, that only consumes, will have the same value and tools disponible.

So why would anyone want to work hard and develop something on a society like this? People won't appreciate it...
Why to work in a society like this? Just to survive?

We are in this world to thrive and to be fair with each other. Voluntary trades among people are necessary and vital for the progress of our existence.

maybe I'm not right but in my surround, the one who "work hard for financial stimul"are not the builders of society.
 They to much cycled on their personal(family) needs, but the one who know, why, and what for they are doing what they are doing, and can be free out of financial stimul,they are much more active...and yea many of them are social activists or have social oriented business.


What do you mean by "the builders of society", the proletariat? And those "working hard for financial incentive" are the bourgeois?

I think everything Crypto-Currency doesn't need is a "Class Struggle". The truth about this is that everyone is fighting for power, control and money. These activists, social groups, just use the poors as their meat shield on this battle, but once they reach the power, there won't be any equality, they will become unproductive nobles ruling a chaotic miserable society.

On the theory everything is always beautiful, but on practice always failed so far... But they are always prepared to try again saying this time will be different (and it always end with people trying to run away to foreign neighboor countries).
legendary
Activity: 1904
Merit: 1158
The economy as we know it today treats human being as a resource. The governments and big business work together to create "opportunities" for the masses. These opportunities take the form of new investments, bigger factories, faster rails, wider roads and so on.
The masses on their part, sell their time, creativity, muscle power in exchange for a cheque at the end of the month.
The system works as long as there is scope for the "opportunities" discussed above.

This system has fostered inequality, consumerism and is leading to an unsustainable use of resources with a constant focus on "growth" as the buzzword.

When I came across bitcoin and blockchain for the first time, the thing i was most excited about was its ability to allow people to sell and buy services/ goods without borders and without being dependent on a government. You can choose the love of your labor, decide to earn in bitcoin and maybe get all your needs fulfilled with the money that you earn from it, because that is the currency too, right.
Wrong, the governments will never allow this sort of "choice" to the masses. The wealthiest elite, the corporations and governments together create scarcity and the sanctity of money. They tell you what you need, how much you have to earn and we as masses toil day-in and out to buy things we don't need and then pay taxes on them.
We get sick and we are told that its crazy expensive to be better so you need medical insurance.
We need education and we are told its crazy expensive to get it so you pay for it and your parents toil for it ensuring that they spend their lives as cog in the wheels in hopes of a brighter future.

This is what i hate about this present system and truly hope that one way or the other, the masses will someday have the liberty to choose what they work on and how they get paid. Thats what i feel bitcoin and blockchain can do.
The government and the wealthy elite won't need to create wars, social unrest and crime to keep us on our toes. I mean seriously, think about it, with the kind of power and reach that governments have, is it really that difficult to ensure a crime free country?? They could reach out to us in constructive ways and probably solve these problems but do they want to?
hero member
Activity: 1764
Merit: 584
Even with a world that bitcoin is the only currency available, there's still so inequality. Communism runs against human nature, that's why it has all but vanished. I really think the only time there will be complete "equality" is when we have transcended humanity in some sci-fi sort of stuff, with humans having very little needs and not much wants.
sr. member
Activity: 574
Merit: 251
All I wish to happen in the future it people acknowledge that we economy is suffering the most because of global wealth distribution.
How we can exist in the world where 1% of the richest owns more money than the rest of the people on earth combined?!
You know that 42 richest people have accumulated assets that exceed those of the poorer half of the population? This is the economy we have!!


Global wealth distribution is unsolved issue because of the different countries having different modes of development. There are huge differences between the two countries in the world, one could be in the war of freedom and one could fully developed metropolitan and when this happens the whole wealth distributes towards the developed country because they hold the power.

Yes, I believe that and read many times 1% of the richest people holding big assets and they are the actual leader in the economy of the world.

Now crypto currency is that asset which is also held by many whales in the first place and creating the same impression as that of the fiat wealth distribution. This reminds me the fact of "Rich gets richer, while poor get poorer".! Hope
sr. member
Activity: 420
Merit: 255
I seems not to understand you, but if you mean an economy where by no personal profit or government is been involved or neither will there be a need to be involved in citizens life. I don't think a life like that will ever exit. Even in the ages of caveman the economy we practice today is same as it was then but the only thing that makes it different then is the way it is been practice. I think the only thing that might not exit is greediness.

That is not quite accurate. Cavemans is just the bunch of people who sleeps on caves, hunts food to eat and then go back to their cave, they do not know what economy is or even gaining something by working. All they know is they will survive and that only matters. Economy started when people knew agriculture and then they also start to build some infrastructure that can give them good benefits.
You are not right. Even in the times of cavemen existed inequality. Was the chief of the tribe who enjoyed the privileges. There was some kind of religion. Values were different. They didn't have Bentley. but there was a place near the fire, it was more skins. They lead the hunters and not risked his life hunting. In any society there are inequalities. The money in the economy is the only mechanism for the redistribution of wealth. The desire to have more than others is characteristic of all people in any society and in any economy. Karl Marx did not starve.
hero member
Activity: 616
Merit: 603
One particular motive for individual profits is the value of possessions attainable by that individual on exchange with a commodity or anything that would benefit that individual over a period of time. If for example this personal motive were to be erased, there would less of a way to value 'appreciation' of ones efforts. The economy is thus composed of people who seek to attain this 'appreciation' which has some form of value that would help differenciate themselves from others. It's rather tough to eliminate this cause this would bring in the factor of 'greed' and 'power' that one would have been intoxicated with which would make it hard for them to move away from. What world would it be if all of us had received everything in equal amounts based on our needs. We'd all be utterly bored at one point. This imbalance is what the economy thrives on. It's what has developed and been written into today's economics and their books and is taught at school -demand and supply.

Not every need can be solved because of this inequality and if just like any other form of value, cryptocurrencies's are just a newer form of money transmission and exchange without eliminating the inequality factor. There are again the bitter rich and the poor.
member
Activity: 277
Merit: 10
If we did not need this economy anymore, there will definitely be other ways of doing thing.
sr. member
Activity: 546
Merit: 257
I seems not to understand you, but if you mean an economy where by no personal profit or government is been involved or neither will there be a need to be involved in citizens life. I don't think a life like that will ever exit. Even in the ages of caveman the economy we practice today is same as it was then but the only thing that makes it different then is the way it is been practice. I think the only thing that might not exit is greediness.

That is not quite accurate. Cavemans is just the bunch of people who sleeps on caves, hunts food to eat and then go back to their cave, they do not know what economy is or even gaining something by working. All they know is they will survive and that only matters. Economy started when people knew agriculture and then they also start to build some infrastructure that can give them good benefits.
full member
Activity: 966
Merit: 153
I seems not to understand you, but if you mean an economy where by no personal profit or government is been involved or neither will there be a need to be involved in citizens life. I don't think a life like that will ever exit. Even in the ages of caveman the economy we practice today is same as it was then but the only thing that makes it different then is the way it is been practice. I think the only thing that might not exit is greediness.
jr. member
Activity: 173
Merit: 1
You mean a society where money isn't needed anymore, profit isn't a goal anymore?

In a material world I think it's impossible to happen. What makes the big engine move are the necessities each one of us have to live decently. A society without these trades between people is a dead society, where nothing more is produced (technology, knowledge, discussions...). In a place like this Crypto-Currency wouldn't even be created...

Communists "dreamers" want people to believe a perfect equal society would be a solution for everything, but that is impossible as people aren't equal. Each one is unexampled and the decisons this person takes in life will decide his success or defeat. If everyone is equal by forced ways, the honest and the dishonest will have the same value on this society. The worker, who produces, and the vagabond, that only consumes, will have the same value and tools disponible.

So why would anyone want to work hard and develop something on a society like this? People won't appreciate it...
Why to work in a society like this? Just to survive?

We are in this world to thrive and to be fair with each other. Voluntary trades among people are necessary and vital for the progress of our existence.

Yea you right, but there are already some society that try it somehow,and peoples that are or exploring this possibilities.
For example: Blockchain Government Arktida doing job in this direction, and some other in directions of anarchy-comunist).

maybe I'm not right but in my surround, the one who "work hard for financial stimul"are not the builders of society.
 They to much cycled on their personal(family) needs, but the one who know, why, and what for they are doing what they are doing, and can be free out of financial stimul,they are much more active...and yea many of them are social activists or have social oriented business.

Khan academy also is great example in that direction..
Rotary International, also i was on some meting, and when i was start to speak about finance, they stoped me and say:
-hey we didn't like this topic here what else you are doing in social life?)
And all people, who was there on a meeting, are very rich, and very social oriented.
jr. member
Activity: 132
Merit: 1
Our world as it is now revolves around the current economy and I don't see that changing at all. Essentially, what we need to do is be smart and work hard to stay afloat. The richest of the rich will always be there because they know their way around their business. I'm part of the middle class people who get by day to day and continuously prepare for the rainy days.
hero member
Activity: 3094
Merit: 929
Imagine that economy that we know it today is not needed anymore, personal profit stimuli is just a page of a history and social and political  life is just different from it's today version.

How then needs of people are solved, and on what would you spend your time and energy in that case? Did you see the crypto there, and if yes in what role?)

P.S. I know the Ideas of Karl Marks about post-komunism and not a fan of it)

The people`s needs are unlimited,while the resources on our planet are limited.That`s why there`s no way the needs of the people to be solved completely.Limited resources mean that everything has a cost,which means that trading is a crusial part of the human civilization.Anyway,i think that the future society will be dominated by robots and all the people will have lots of free time.This will happend in the next century.
legendary
Activity: 3122
Merit: 1140
All I wish to happen in the future it people acknowledge that we economy is suffering the most because of global wealth distribution.
How we can exist in the world where 1% of the richest owns more money than the rest of the people on earth combined?!
You know that 42 richest people have accumulated assets that exceed those of the poorer half of the population? This is the economy we have!!

These calculation were indeed true which we can able to see how cruel it is. Equality wont really happen since people on the top would really remain on the top and accumulating as much as they can and talking about global wealth distribution isnt possible and never would happen on this world. Greed of some people would be the reason and never ending contentment on the money they do possess. Imagine a world with having equality would really be perfect.
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
All I wish to happen in the future it people acknowledge that we economy is suffering the most because of global wealth distribution.
How we can exist in the world where 1% of the richest owns more money than the rest of the people on earth combined?!
You know that 42 richest people have accumulated assets that exceed those of the poorer half of the population? This is the economy we have!!
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
You mean a society where money isn't needed anymore, profit isn't a goal anymore?

In a material world I think it's impossible to happen. What makes the big engine move are the necessities each one of us have to live decently. A society without these trades between people is a dead society, where nothing more is produced (technology, knowledge, discussions...). In a place like this Crypto-Currency wouldn't even be created...

Communists "dreamers" want people to believe a perfect equal society would be a solution for everything, but that is impossible as people aren't equal. Each one is unexampled and the decisons this person takes in life will decide his success or defeat. If everyone is equal by forced ways, the honest and the dishonest will have the same value on this society. The worker, who produces, and the vagabond, that only consumes, will have the same value and tools disponible.

So why would anyone want to work hard and develop something on a society like this? People won't appreciate it...
Why to work in a society like this? Just to survive?

We are in this world to thrive and to be fair with each other. Voluntary trades among people are necessary and vital for the progress of our existence.
jr. member
Activity: 173
Merit: 1
Imagine that economy that we know it today is not needed anymore, personal profit stimuli is just a page of a history and social and political  life is just different from it's today version.

How then needs of people are solved, and on what would you spend your time and energy in that case? Did you see the crypto there, and if yes in what role?)

P.S. I know the Ideas of Karl Marks about post-komunism and not a fan of it)
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