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BI is a great short-term idea. As jobs become replaced, we can keep the keep capitalism alive for at least two generations with this hack. Unfortunately, the s

BI is a great short-term idea. As jobs become replaced, we can keep the keep capitalism alive for at least two generations with this hack. Unfortunately, the system of Capitalism is starting to fail, and we're seeing the ludicrous hacks applied to industrial age economics in order to keep us afloat. The need for money, in the classical sense, is disappearing. All the institutions that are held afloat on such a model, are begining to die. blockchains, and trustless ledgers in general, will take down Governments (based on trust, after all), nevermind mere government-backed banking institutions or corporate-welfare-receivers. We should be mindful (aware) of what a world is going to look like without these institutions, and try to structure our lives around these new changes.

SomeCallMeTim 11y ago
>the system of Capitalism is starting to fail To paraphrase a famous quote, Capitalism is the worst system possible, except for all of the other systems that have been tried. There are a number of possible ways to hack/change capitalism that, while they don't change the fundamental principles, do make the process more sustainable.
- anonbanker 11y ago
  People who say we shouldn't start over with something new because everything else sucked more than what we have now are defeatists. I like apache just as much as the next guy, but I moved to the apache2 codebase. the rewrite turned out to be better with time. Let's assume that whatever replaces capitalism will have similar characteristics.
serge2k 11y ago
> blockchains, and trustless ledgers in general, will take down Governments That sounds awful, fortunately it's not oging to happen.