Post
Topic
Board Economics
Re: Bitcoin adoption slowing; Coinbase + Bitpay is enough to make Bitcoin a fiat
by
AnonyMint
on 05/04/2014, 04:49:38 UTC

Go ahead. You will be very impoverished compared to those who leverage the specialization and cooperation.

You will produce everything yourself from raw resources, dig up your own ore, build your own smelters, etc. And forget 3D printing, because you want to be disconnected from knowledge.

You want to go back to a caveman? That is what you are saying. I hope you realize.
More like smaller societies physically disconnected, not each on his own. Culture/Art you know is an oppressive beast and a topic untouched yet. Knowledge isn't everything.

I am talking everyone can connect to everyone without a bastard freeloading middle man (who captures the State to help him maintain in his monopoly).

We have to get rid of centralized exchange. We move to P2P, etc..

Each person's work is their own. No one takes a transaction fee or cut of the action!

Rome's collapse was political, cultural and scientific stagnation after the initial breakthroughs that made them an empire.
Greece collapse was as ever the internal strife, we worship Eris.

Your talking effects. I was talking cause. The cause was as always centralization of power, and too much debt. The ill effects of debt is knowledge stagnates and everyone does dumb xerox copy shit. And this monotonicity causes the appearance of resource scarcity.

If everyone is figuring out how to consume and no one is figuring out how to innovate, then it isn't surprising that consumption outstrips efficiencies of resource extraction.

Fact is that the 2000 year price of commodities has always trended downwards. This will not stop.

Iron used to be a precious metal.