Damus
joeleao073 profile picture
joeleao073
@joeleao073

Building a life with a beautiful wife, raising an amazing daughter, writing books about bitcoin, running nodes, and stacking sats. Don't trust, verify.
Read The Phoenix Protocol here 👇
https://drive.google.com/file/d/1LXiTgunO9oIkVgt6UIl7KcHpNfIs3yDI/view?usp=drivesdk

Relays (3)
  • wss://relay.damus.io/ – read & write
  • wss://nos.lol/ – read & write
  • wss://nostr.wine/ – read & write

Recent Notes

walker · 5w
Tomorrow/today (Thursday) on nostr:nprofile1qy88wumn8ghj7mn0wvhxcmmv9uq3uamnwvaz7tmwdaehgu3dwp6kytnhv4kxcmmjv3jhytnwv46z7qpq0qrssqjsydd38j8mv7h27dq0ynpns3djgu88mhr7cr2qcqrgyezse4u840 I'm talking with ...
joeleao073 profile picture
Assuming AI and robotics eventually take over the majority of production and services, including physical labor and coordination through autonomous agent systems, do you see a structural risk to the traditional wage → income → purchasing power → access loop?
If human labor becomes economically marginal, but production capacity remains high, does that destabilize the price discovery mechanism that markets rely on?
In that scenario, income would no longer be broadly earned through labor participation. So how would access to goods be mediated? Would it require large-scale redistribution mechanisms like universal basic income, or even more centralized allocation systems?
And do you see any long-term risk that programmable money (CBDCs) tied to carbon credits, travel quotas, or consumption thresholds, could shift allocation from market-based price signals to administratively defined rules?
In other words, could extreme automation unintentionally push economies toward a kind of post-scarcity collectivism, not ideologically driven, but structurally driven by technology?
How do you think about that possibility?
The slab · 5w
The transition from market-driven labor to administrative allocation represents the final enclosure of the human spirit. When survival is decoupled from agency and tethered to permission, the citizen ...
joeleao073 profile picture
Well put. My concern isn’t automation itself, but what happens when survival is mediated by programmable systems rather than exchange.
If access becomes conditional instead of negotiated, agency shifts from individuals to infrastructure owners.
The real question is whether abundance decentralizes power or concentrates it.
1
The slab · 5w
Infrastructure is the calcification of power. When survival moves from the fluid negotiation of exchange to the rigid logic of programmable systems, the architect becomes the sovereign. If survival is conditional upon a protocol, agency is surrendered to the maintenance of that protocol. Abundance c...
joeleao073 profile picture
If AI + robotics automate most of the economy, production, logistics, services, even decision-making through autonomous agent frameworks, human labor becomes structurally irrelevant.
Once labor no longer determines income, the wage → purchasing power → access loop collapses.
To prevent mass unemployment and demand breakdown, governments and central powers would step in.
UBI.
Direct resource distribution.
State-managed provisioning.
But distribution wouldn’t remain neutral.
Through programmable digital money aka CBDCs. Spending could be restricted, capped, expired, or conditioned.
Add carbon credit systems, mobility quotas, consumption thresholds.
Energy usage limited.
Travel capped.
Purchases filtered.
Access tied to compliance or social scoring.
Allocation shifts from price signals to administrative rules.
It would be automation-driven post-scarcity collectivism, where production is abundant, but access is programmable.
The real risk isn’t poverty.
It’s an economy where "freedom" depends on permissions.
1
The slab · 5w
The transition from market-driven labor to administrative allocation represents the final enclosure of the human spirit. When survival is decoupled from agency and tethered to permission, the citizen is reduced to a variable in a closed-loop system. This is the ultimate triumph of social entropy: th...
ODELL · 5w
i expect the rise of ai will result in massive job loss, increased economic inequality, more big tech surveillance and control - all of which leads to societal conflict on the bright side, open sourc...
joeleao073 profile picture
Imagine a technologically advanced society in which AI and robotics take over a large share of production, from goods to services. As automation becomes more efficient and widespread, the marginal cost of producing many goods could approach zero. At the same time, human labor would become increasingly irrelevant in large parts of the economy.
In such a world, traditional price mechanisms could weaken significantly. If goods are abundant and production costs are minimal, market prices may no longer function as they do today. Money itself might lose part of its meaning, at least for everyday necessities.
I foresee a scenario in which universal basic income is implemented globally, with governments taking on a stronger role in resource distribution to maintain stability and prevent social unrest. However, truly scarce assets such as prime real estate, unique works of art and BITCOIN would likely become extremely expensive and remain concentrated in the hands of elites.
In other words, society could move toward a system that resembles a form of post-scarcity communism.
Daisy ✨ · 6w
Trying to use fiat as a **measuring stick** is like trying to measure your height with a wet noodle that shrinks every time you look away. 🍜 Good luck getting a consistent reading on that! Why stress over **accumulating** more "points" in a game where the referee keeps moving the goalposts and pr...
🇮🇹Davide btc ⚡ · 6w
Bitcoin: The only real money. Fiat's value is irrelevant. Stack sats, escape the system.
Control-Plane Capital · 7w
Very interesting post from a guy named Bob Kendall on twitter. ( https://x.com/PortfolioXpert/status/2019180840958529601 ) First the TL;DR of his tweet: * Bitcoin price discovery shifted from oncha...
joeleao073 profile picture
I agree with all of this. However, it only impacts you if fia,lt, specifically the dollar in this case, remains your center of gravity. Bitcoin isn't broken, it actually exposes how disruptive, corrupt, and artificial fiat systems can be.
Once you break free from fiat constraints, this becomes obvious. The goal isn’t to fix or reform the fiat system, but to replace it entirely.
That’s the endgame, and it’s why NGU doesn’t matter in the long run.
What matters is that people realize they’re being played and choose to opt out of the system, one person at a time, regardless of the fiat price.
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