Quote from: giantdragon on November 12, 2013, 09:39:20 PM

Quote from: AnonyMint on November 12, 2013, 07:13:48 PM

I can't vote for the poll, because it doesn't include the choice, "Minanarchy where the unemployed have to retrain or live in poverty".

This scenario will never happen so I just don't think it is worth including.

It is the only possible outcome. As I explained in my prior posts, the other two choices on the poll are not economically sustainable and thus they collapse into my outcome as you admit below.

Quote from: giantdragon on November 12, 2013, 09:39:20 PM

Just imagine that these 45% of the population mentioned in this Oxford report really get unemployed after 20 years. When the people will start understanding what really is happening (i.e. governments around the world and its brainwashing will be unable to maintain "Luddite fallacy" myth) they will start so massive riots that never happened in the human history. These unemployed will clearly understand that they have nothing to lose therefore will fight to death. Also large part of police forces in many countries no doubt will support rioters (traffic and street cameras connected to image recognition software, drones already replacing many cops, so they also must fear about it).

As the result, some countries will turn to the non-capitalist economies, however other part will deepen into the full collapse and chaos. Even if you are strongly right-leaning, I don't think you will be happy to live in the country like Somalia.

Exactly. My outcome is the only possible one.

So this poll is nonsense.

Quote from: Rassah on November 13, 2013, 06:00:45 AM

Quote from: AnonyMint on November 12, 2013, 07:13:48 PM

Specifically Bitcoin aggregates too much to the early adopters, because the debasement ends and the mining is ASICs only.

Thus you will end up with only 0.01% with the money and the rest of society pissed off and unemployable.

Perhaps. But that 0.01% still needs to live somewhere, eat, protect their wealth, and buy stuff, meaning someone still has to work to make that for them.

That is not mutually exclusive with providing that for them in an altcoin which doesn't end up in dystopia for all as is the case for Bitcoin's design.

Quote from: Rassah on November 13, 2013, 06:00:45 AM

And Bitcoin doesn't pay interest

You better learn what deflation really is.

Quote from: grondilu on November 13, 2013, 06:41:55 AM

People should realize that having a job is not the only way to earn one's life. When they have a job, they should put more efforts into saving money and turn it into capital so they can receive money when they don't have a job. IMHO

You don't understand that large (individual or pooled) capital is blind, monolithic and the actual knowledge creators (the "ants") are the only thing that keeps society from falling into the abyss. Read the "what deflation really is" linked post above.