Hi,
I wanted to run this by you and see what you say.
What if we scrapped money altogether and just gave everybody what they wanted?
I know it sounds ridiculous, and everybody would just go for 100 cars and 100 fancy houses, but if you think about it, if you could get everything you wanted, all those things wouldn't be as valuable anymore, and it would lose it's "richness" appeal and people would be bored by it after a while and just settle with what they actually needed. Don't we have all the technology and resources to make this happen? It could also mean less crimes would happen then too.
Sidenote: I love the idea of bitcoin so I don't really want to ruin bitcoin, but hey, maybe we could go there with bitcoin somehow...
I wanted to run this by you and see what you say.
What if we scrapped money altogether and just gave everybody what they wanted?
I know it sounds ridiculous, and everybody would just go for 100 cars and 100 fancy houses, but if you think about it, if you could get everything you wanted, all those things wouldn't be as valuable anymore, and it would lose it's "richness" appeal and people would be bored by it after a while and just settle with what they actually needed. Don't we have all the technology and resources to make this happen? It could also mean less crimes would happen then too.
Sidenote: I love the idea of bitcoin so I don't really want to ruin bitcoin, but hey, maybe we could go there with bitcoin somehow...
You are pointing towards barter system which existed ages back, but that is not going to work in present times. because the world economy is so much dependent on paper money. Nowadays, everything needs to have a value otherwise, the economy will be clueless and shatters as a result. Investment will have not value and nothing will function as envisaged.
However, it is better to move towards a cashless society instead of moneyless society. IF people don't get desired value to its assets, unrest will increase and people will try to acquire things by force. So the crime rate will also increase a lot. Moneyless society doesn't have a good future, at least in my opinion.