> "My [the] working thesis is that the currency goes to zero."
And that's a good thing. As currency goes to 0, we'll have an economy of abundance, a Star Trek utopia where you can get anything for free (because currency is 0) from a friendly replicator.
> That's a bad thing.
That's a good thing - as the economy grows the supply of money that represents the value of the economy needs to grow. You can buy together things that would've been utopia 100 years ago (iPhones - the knowledge of the world in your pocket; travel anywhere in the world in under a day) for next to nothing (in the developed world). The value of these new things needs to be represented.
> you're guaranteed to keep working
What makes you think it's fair for you to stop working when other people are working their asses off to feed you, give you shelter, etc ? We all need to contribute to the society, unless you have a leach mentality.
> the goal is to limit the number of people "kept alive." ... my bedroom closet is a small arsenal
I'm not going to discuss conspiracy theory-driven paranoia, except to mention that if the state is "out to get you", unless you have tons of like minded friends, and you all have your own airforce, "they" WILL get you, because you can't fight an F-16 bombing you.
> As currency goes to 0, we'll have an economy of abundance, a Star Trek utopia where you can get anything for free (because currency is 0) from a friendly replicator.
You don't understand economics.
> as the economy grows the supply of money that represents the value of the economy needs to grow
You really don't understand economics.
> What makes you think it's fair for you to stop working when other people are working their asses off to feed you, give you shelter, etc ?
Where did I say that? If I save money—the result of my labor—and then live off of that, it's not a crime (this is literally the basis for the concept of retirement) or a threat to anyone (they get compensated for their current labor with the proceeds of my past labor). Assuming that it is a threat in some esoteric way, to be honest, is a bit disturbing.
> I'm not going to discuss conspiracy theory-driven paranoia
It's not paranoia, it's awareness. Paranoia implies I think it's going to happen, while awareness implies that I think it could. I don't think the government is actively out to get me—I'm relatively harmless—but I can certainly foresee people like me being sought out if the circumstances necessitate it (in the eyes of the authority).
> Oh, and bitcoin can be seized, exactly as gold
The headline of what you shared proves me right, not wrong: "Aided by cryptocurrency exchanges."
And that's a good thing. As currency goes to 0, we'll have an economy of abundance, a Star Trek utopia where you can get anything for free (because currency is 0) from a friendly replicator.
> That's a bad thing.
That's a good thing - as the economy grows the supply of money that represents the value of the economy needs to grow. You can buy together things that would've been utopia 100 years ago (iPhones - the knowledge of the world in your pocket; travel anywhere in the world in under a day) for next to nothing (in the developed world). The value of these new things needs to be represented.
> you're guaranteed to keep working
What makes you think it's fair for you to stop working when other people are working their asses off to feed you, give you shelter, etc ? We all need to contribute to the society, unless you have a leach mentality.
> the goal is to limit the number of people "kept alive." ... my bedroom closet is a small arsenal
I'm not going to discuss conspiracy theory-driven paranoia, except to mention that if the state is "out to get you", unless you have tons of like minded friends, and you all have your own airforce, "they" WILL get you, because you can't fight an F-16 bombing you.
Oh, and bitcoin can be seized, exactly as gold https://www.dlapiper.com/en/us/insights/publications/2022/02....