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RE: Bitcoin Hulk Smash Through $1,900 And We Answer Our Critics
agreed. I think alot of people in first world nations forget just how badly crypto is needed in third world nations, crypto is on fire demand-wise anywhere that isnt a first world nation.
and everybody can't wait to tell the bankers to go screw. heh.
Yes... I'm even floating ideas of a voluntary UBI coin... bit of a conflict in my head looking at the numbers on automation/UBI vs how it feels like communism.... We need models that respects rights, put power into peoples hands and help meet needs to the masses. Especially the poor, the elderly, the sick and the 3rd world.
I fully agree. UBI is an inevitability as automation and machine learning take over most kinds of work, even the creative and artistic stuff eventually. I think crypto currencies will help us develop new goverance and economic models that are neither capitalism nor communism, and help expose the two to be two sides of the same coin, so to speak, and in this day and age, a false dichotomy.
Yeah but using the models of human nature and free market that true capitalism does so well. Too much central power will always attract abuse. We need transparency and decentralization. Some organizations will work well with automation. Automation is only a forcing multiplying tool. That kind of force can either be used to fire everyone or create sustainable abundance. Even many environmental issues can become trivial.
yes capitalism has clearly been the best because it rewards productivity. new systems are possible now that are even better than capitalism. look at $TIME for example, or $NEM