Then I re-read your post... and of course it was!
Nobody posts anything original, this long that isn't me on this forum.
Topic: Money is the root of all evil (Read 7685 times)
I skimmed your OP with the slightest glance before I posted 'Francisco speech from Atlas Shrugged?'.
Then I re-read your post... and of course it was!
Nobody posts anything original, this long that isn't me on this forum.
Then I re-read your post... and of course it was!
Nobody posts anything original, this long that isn't me on this forum.
Was someone greatly inspired by the long speech that Francisco gives in "Atlas Shrugged" or what?
LightRider, I agree that the population wouldn't shrink. So let's say humans, due to very efficient production, want for nothing and have much more leisure time. Let's say that in his leisure time, one person creates beautiful artwork that appeals to a huge audience. How does he determine who gets to own his art, and what do they give him in exchange?
That is a question of personal and social values, which are largely informed by the environment and biopsychosocial pressures on said person and society.
LightRider, I agree that the population wouldn't shrink. So let's say humans, due to very efficient production, want for nothing and have much more leisure time. Let's say that in his leisure time, one person creates beautiful artwork that appeals to a huge audience. How does he determine who gets to own his art, and what do they give him in exchange?
Quote
Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them.
And what happens when the goods and services are provided by machines? What use does money have then?
Then the free market will self regulate and the human population will shrink to the number that can be employed to service the machines!
but then the number of machines needed will shrink coz there are less people left needing products and then ....
And why would population have to shrink when machines are a multiplicative force on production volume, efficiency and quality?
Quote
Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them.
And what happens when the goods and services are provided by machines? What use does money have then?
Then the free market will self regulate and the human population will shrink to the number that can be employed to service the machines!
but then the number of machines needed will shrink coz there are less people left needing products and then ....
The same way as no one owns bitcoin - one hell of a clever idea that takes off faster than it can be stopped
No one owns bitcoin?
Do the miners not own the BTC they receive for their work? Do I not own the BTC in my wallet?
but perhaps "everyone" is better to say than "noone" with the same end result
And if the solution to having a physical machine crowdbuilt for the crowd was easy than it would have been done already
The same way as no one owns bitcoin - one hell of a clever idea that takes off faster than it can be stopped
No one owns bitcoin?
Do the miners not own the BTC they receive for their work? Do I not own the BTC in my wallet?
But a machine is more than idea. It is a physical manifestation made up of scarce resources.
And what happens when the goods and services are provided by machines? What use does money have then?
Who owns the machines?
No one.
I would like too to get to that point, but it begs the question, how will "no one" own the machines?
And what happens when the goods and services are provided by machines? What use does money have then?
Who owns the machines?
No one.
I would like too to get to that point, but it begs the question, how will "no one" own the machines?
Quote from: Elwar
Then money will become a tool of exchange for the machines.
That will be highly inefficient. If we get to that point (hopefully we'll do), money (bitcoin) could be used for gambling, originals of art, and things that are truly unique or can't be replicated.
I wonder if someday Satoshi's paper notes will be worth thousands of bitcoins.
No one.
If "no one" owns the machines, "no one" has built or will build the machines.
If the Zeitgeist folks still wonder why their Utopia is not implemented already, here is the answer.
And what happens when the goods and services are provided by machines? What use does money have then?
Who owns the machines?
No one.
Evil is the root of all fiat.
And what happens when the goods and services are provided by machines? What use does money have then?
Who owns the machines?
Quote
Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them.
And what happens when the goods and services are provided by machines? What use does money have then?
Then money will become a tool of exchange for the machines.
Religion is the root of all evil.
Quote
Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them.
And what happens when the goods and services are provided by machines? What use does money have then?
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