Quote from: rpietila on July 24, 2015, 09:01:28 AM

Unless pretty much all humans experience a drastic change in their constitution and way of thinking, luxury goods (of limited supply such as Champagne of a certain brand and a certain year) will always be coveted, valuable, priced, and therefore not free. Same goes for capital goods including land. The Rothschild-led corporatism is a very unequal system but my impression is that the Rothschild-led Soviet communism was an even worse one if environmental damage and sustainable land usage is considered. I would instead go for small farming (one farm producing food for 10-20 families), which was the norm in Old Testament Israel, the 1800s United States, Third Reich, postwar Finland, and still is in many developing countries, Japan, Switzerland, etc.

The return on investment in the Knowledge Age will exponentially trump any physical assets investments. Those fixed-capital Industrial Age assets will wither away in relevance and anyone holding those will become a relative pauper in the Knowledge Age. Holding Bitcoin is not the necessarily the same as investing in the Knowledge Age. I see Bitcoin as a tool of TPTB. I am reasonably confident all Bitcoin will be expropriated ex post facto (past, present, and future trades all recorded for later analysis by the G20).

I was pondering today that in the coming totalitarianism, the State(s) may ban CPUs that don't have some embedded back door. Thus hoarding CPUs now might be very lucrative. Or if there would be a way to develop the ability to disable the back doors. Because chip manufacturing foundries are sitting ducks that can't move. The State can compel them to comply. And remember the axis powers are the same bed together. However do note CPUs depreciate quickly given Moore's Law, but Moore's Law would be rescinded the moment all new CPUs are back doored.