Counterfeitable money didn't cause population increase and lack of pirates didn't cause global warming. Seems dead obvious to me there but hey a lot of people like to get on the correlation is always causation bandwagon so what do I know right?
You just think that you understand everything (in respect to this discussion about the wealth of society and the growth of population), but you don't. I remember that I already said this, but since it evidently didn't get through, lol, I repeat it once again that I never said nor implied that fiat did or can contribute directly to the population growth...
But because you lack the ability of thinking in reverse, you can't possibly understand where exactly you fail
Greetings. Well actually I know far too little about wealth of society, which is kinda why I'm here. Perhaps expose some of my ignorance and maybe pick up a few new ideas no? Stranger things have happened.
But since we got some formalities out of the way maybe this could become a more interesting discussion.
First thing that should be said is that there is no economic model behind bitcoin. At least not necessarily. Just like there is no economic model behind 79 protons. Or "corn". They are just things for us to use as we wish, with certain properties. Properties that are useful for certain uses. An economic model implies a household; whether one can sustain things like food, shelter, clothing, water, and other things one might need or want to keep up in life. Economic models are often in flux, as one adds new activities, needs, desires.. and problems arise. There are necessarily many such models simultaneously overlapping. Individuals, families, and larger corporations.. all the way up to Gaia herself.
As to the "societal wealth" thing I can tell you my opinion about it fwiw. Population size seems really not a good metric at all. On top of the list for me would be survivability, that is: health of the ecosystem and preparedness for shock. Biodiversity. Also involved is education. How much of your population can play Bach pieces in multiple keys on multiple instruments? That is wealthy. How many people really feel the funk? That is wealthy. How many George Clinton shows did people get to see this year? How many nights did they sleep out under the stars? These things constitute a wealthy society in my mind much more than having 10 kids.
The ability to pursue happiness. It's a vague phrase but it was chosen well and can get the point across, that we don't have to agree on exactly what it is but we do agree that people should be able to do it as they see fit, and that their ability to do so could be called wealth.
The "grand experiment" of dimensionless token sheistery is an anathema to societal wealth. Infrastructure is decayed. Resources are depleted. Educational systems have become frayed and broken. Corruption and fraud are at the core of everything it touches. How can one pursue happiness if one is beholden to the counterfeiters to no limit? The amazing thing is how well people have done despite its perniciousness.
In other news, I'd love to learn to think in reverse. Please help. It's a cryptographers dream.
