Oil is food, Oil is materials, Oil is Energy, Oil is what backs USD
Oil is what you can't print. Oil is your Tax.
You can't seem to agree that knowledge will 1000X more valuable than those raw materials.
You have entirely missed the point of my post here:
https://bitcointalk.org/index.php?topic=495527.msg6065144#msg6065144So I think we will stop the discussion now. I don't have more time.
Let them raise the price of oil to $1 million per liter. Our knowledge value will rise proportionally. Then I (and others) will be earning $1 trillion per day.
It is the value-added to raw inputs that is relevant. With mass production, the value-added of knowledge was amortized over the capital cost of the factory and millions of xerox copies.
Now the creations will change 1000s of variants per day or minute. The value-added is unfathomable.
It is the speed of the propagation of creation of product innovation that destroys (devalues) their control.