Pages:
Author

Topic: what will come after cryptocurrencies? - page 2. (Read 2267 times)

newbie
Activity: 56
Merit: 0
April 15, 2013, 11:42:40 AM
#16
What will come after fucking capitalism ?
Nothing. Because capitalism is human nature. It is the natural default, like sex, eating, breathing, and sleeping. If you want to eliminate capitalism, then you'll have to eliminate society altogether. Good luck with that.
hero member
Activity: 644
Merit: 504
April 15, 2013, 11:27:14 AM
#15
And when you're in a space ship orbiting Jupiter... You need fuel cells, damn it.





food cells, doh!
legendary
Activity: 2324
Merit: 1125
April 15, 2013, 11:14:30 AM
#14
I vote for energy, too. When 3D printing and physics technology progresses to the point where you can convert matter to energy, and then energy back to matter, energy will be the only thing anyone will need and will have to trade for.

Though I may be missing an intermediate step between Bitcoin and that, since we're still quite a bit away from the whole matter<>energy thing.

I think energy is the likely endgame as well. However, there is still so much we don't know about physics that it's impossible to answer. I think our understanding of what energy is, is comparable to a caveman's understanding of fire.
legendary
Activity: 2270
Merit: 1363
April 15, 2013, 11:08:53 AM
#13
The answer is clear : Cryptopets. You heard it here first.
legendary
Activity: 1680
Merit: 1035
April 15, 2013, 11:07:31 AM
#12
I vote for energy, too. When 3D printing and physics technology progresses to the point where you can convert matter to energy, and then energy back to matter, energy will be the only thing anyone will need and will have to trade for.

Though I may be missing an intermediate step between Bitcoin and that, since we're still quite a bit away from the whole matter<>energy thing.

When energy will be everything that I need, what should I trade for energy then?

What most people trade for money how: thinking/ideas.
legendary
Activity: 1232
Merit: 1001
April 15, 2013, 10:53:17 AM
#11
I vote for energy, too. When 3D printing and physics technology progresses to the point where you can convert matter to energy, and then energy back to matter, energy will be the only thing anyone will need and will have to trade for.

Though I may be missing an intermediate step between Bitcoin and that, since we're still quite a bit away from the whole matter<>energy thing.

When energy will be everything that I need, what should I trade for energy then?
legendary
Activity: 1680
Merit: 1035
April 15, 2013, 10:48:26 AM
#10
I vote for energy, too. When 3D printing and physics technology progresses to the point where you can convert matter to energy, and then energy back to matter, energy will be the only thing anyone will need and will have to trade for.

Though I may be missing an intermediate step between Bitcoin and that, since we're still quite a bit away from the whole matter<>energy thing.
legendary
Activity: 1050
Merit: 1000
You are WRONG!
April 15, 2013, 07:59:10 AM
#9
first: bitcoin is grate and it will be used for a long long time, this is not a critic of bitcoin.

first we had simple trading of goods: "if i give you 1 fish, you give me 2 apples".
then we had investments(i think...): "if you give me 2 apples now, i will give you a fish tomorrow".
then we had store of value: "this piece of gold, even if it does not have any intrinsic value, can be traded for one or more fish".
and then paper money: "this piece of paper can be traded for gold".
after that you was forced to use paper money, as fiat: "you are forced to accept fiat as payment".
and finally bitcoin: "reverting back to digital gold".

so i think bitcoin will become obsolete at some point in the future.
what will come next?
actually, that is not quite true. Gift economies, obligations in communities, aka forms of promises or debt, came before barter. Read http://en.wikipedia.org/wiki/Debt:_The_First_5000_Years  
Might be true, but not the point. The point is: things change. Even if im fucked in my understanding of stone age history.
legendary
Activity: 1232
Merit: 1001
April 15, 2013, 07:55:54 AM
#8
Currency is important but not central to the economic system. The more poignat question to ask is:


What will come after fucking capitalism ?

If you mean what we currently have, I for one hope that capitalism comes after that.
newbie
Activity: 14
Merit: 0
April 15, 2013, 07:54:24 AM
#7
Currency is important but not central to the economic system. The more poignant question to ask is:


What will come after fucking capitalism ?
legendary
Activity: 1764
Merit: 1007
April 15, 2013, 07:52:41 AM
#6
first: bitcoin is grate and it will be used for a long long time, this is not a critic of bitcoin.

first we had simple trading of goods: "if i give you 1 fish, you give me 2 apples".
then we had investments(i think...): "if you give me 2 apples now, i will give you a fish tomorrow".
then we had store of value: "this piece of gold, even if it does not have any intrinsic value, can be traded for one or more fish".
and then paper money: "this piece of paper can be traded for gold".
after that you was forced to use paper money, as fiat: "you are forced to accept fiat as payment".
and finally bitcoin: "reverting back to digital gold".

so i think bitcoin will become obsolete at some point in the future.
what will come next?

actually, that is not quite true. Gift economies, obligations in communities, aka forms of promises or debt, came before barter. Read http://en.wikipedia.org/wiki/Debt:_The_First_5000_Years  
  
But other than that, what is the future?

I think instead of currency, we can have whole marketplaces and economies that run over P2P networks.

This allows a currency to have stable (i.e. non-speculative) value as it can be pegged to the economic power ("GDP") of its network.

Or maybe this abolishes the concept of a currency at all. All assets, be it raw material like oil or services like an hour of your expert programming, can be traded directly in that marketplace, maybe weighed against certain basket of goods standards.
newbie
Activity: 14
Merit: 0
April 15, 2013, 07:40:28 AM
#5
first: bitcoin is grate and it will be used for a long long time, this is not a critic of bitcoin.

first we had simple trading of goods: "if i give you 1 fish, you give me 2 apples".
then we had investments(i think...): "if you give me 2 apples now, i will give you a fish tomorrow".
then we had store of value: "this piece of gold, even if it does not have any intrinsic value, can be traded for one or more fish".
and then paper money: "this piece of paper can be traded for gold".
after that you was forced to use paper money, as fiat: "you are forced to accept fiat as payment".
and finally bitcoin: "reverting back to digital gold".

so i think bitcoin will become obsolete at some point in the future.
what will come next?

Aint no such thing as digital gold. Sounds like feces perfume.
hero member
Activity: 728
Merit: 500
April 15, 2013, 07:03:51 AM
#4
Various forms of energy. Remember: Energy can be neither created by anything that we're aware of, nor destroyed. (Fixed amount.) It can only change forms. (Exchange.) Acquiring energy requires real work. (Mining.) Every time energy changes forms, some of the energy is lost. (Transaction fees.) Energy is impossible to counterfeit.

And when you're in a space ship orbiting Jupiter... You need fuel cells, damn it.

-SNIP-

It will be called Watt Harvesting. You heard it here first.

I have considered that Energy is one and only true currency. Everything is energy or energy is spend to create it. As such everything could be valued in Energy. In real world it's very complex. But it's possible...
newbie
Activity: 56
Merit: 0
April 15, 2013, 06:49:26 AM
#3
Various forms of energy. Remember: Energy can be neither created by anything that we're aware of, nor destroyed. (Fixed amount.) It can only change forms. (Exchange.) Acquiring energy requires real work. (Mining.) Every time energy changes forms, some of the energy is lost. (Transaction fees.) Energy is impossible to counterfeit.

And when you're in a space ship orbiting Jupiter... You need fuel cells, damn it.

https://i.imgur.com/KfXBVOg.gif

It will be called Watt Harvesting. You heard it here first.
hero member
Activity: 728
Merit: 500
April 15, 2013, 06:32:41 AM
#2
Back to trading Grin
legendary
Activity: 1050
Merit: 1000
You are WRONG!
April 15, 2013, 06:22:22 AM
#1
first: bitcoin is grate and it will be used for a long long time, this is not a critic of bitcoin.

first we had simple trading of goods: "if i give you 1 fish, you give me 2 apples".
then we had investments(i think...): "if you give me 2 apples now, i will give you a fish tomorrow".
then we had store of value: "this piece of gold, even if it does not have any intrinsic value, can be traded for one or more fish".
and then paper money: "this piece of paper can be traded for gold".
after that you was forced to use paper money, as fiat: "you are forced to accept fiat as payment".
and finally bitcoin: "reverting back to digital gold".

so i think bitcoin will become obsolete at some point in the future.
what will come next?
Pages:
Jump to: