Post
Topic
Board Economics
Re: Money is an imaginary concept, but humanity is enslaved by it
by
johnyj
on 16/03/2015, 18:00:46 UTC
Lets just say if some people did not have money, they would be as useful as a wet tissue.

If I didn't have money, I could offer my skills to barter for other goods or services. This is what money fixes, it creates a field where everyone can play on.
The problem is when all your skills and what you have to offer gets automated by machines that are 100000% more efficient and cheaper than you.

And because human society is driven by fiat money, only those who can create large amount of fiat money can mass produce these robots and make majority of people lose their job, this is also a result of being fiat money's slave

Bitcoin does not change the ultimate result of machine replacing people. But it might change the centralized society like we have today, so that more people can afford a robot or two to do the work for them