> We eat food, not bytes, and we have physical
> needs, therefore tangible assets will never
> become worthless
Fact: iron was a precious metal
Fact: commodities are on a 2000 year decline in price
Read the thread for the facts.
Knowledge is growing in relative value. Facts don't lie.
A grain of sand isn't worthless, but for all practical purposes it is. Meaning tangible things can become relatively devalued to the point where they are essentially worthless. Through enhanced knowledge tangible things can become nearly limitless (i.e. robots build robots who build tangible things), while knowledge is not fungible. Not every person has every great insight.
I think many people overlooked that you wrote trending towards zero in another post, and not zero, which is a important distinction.