JRA
· 17w
Jeff any comment on Elons “no currency” future? My take is he’s partially correct.
I don't know if he think understands it or not, but the only way AI and robots could "eliminate poverty" and "make everyone wealthy" is in a money that can't be cheated like Bitcoin becasue all that productivity flows to you in a form of lower rices like @Jeff Booth explains.
In the fiat money system it's the opposite, all those gains will be taken away from you making you a modern day slave.
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