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>You missed the point. Sure, there is a risk of inflation, but you can act immediately for your own good if there a slight warnings on the horizon. [...] About

>You missed the point. Sure, there is a risk of inflation, but you can act immediately for your own good if there a slight warnings on the horizon. [...] About ownership, you missed the point, London is a bad example, as it's very expensive own a house there I think you are missing the point, because you're not seeing the connection between these symptoms. Property in London is so expensive because our culture values ownership more than ever and because property is used as a store of value by those who already see the warning signs on the horizon (in various countries around the world). I do agree to some extent with your tracking concerns when it comes to electronic payments. But we have to realize that tracking is not an inherent flaw/feature of electronic payments. It is the result of laws and regulations created by the governments we elected. The point you are making about software licenses has very little to do with a shift away from ownership in my view. We never owned software, even when it was distributed on floppy disks. We never owned music even when it was distributed on vinyl. Tracking and onerous usage restrictions are a feature of the networked nature of modern software and of the distribution channels we use. Ownership rights that make these things possible have always been in place.

frik 11y ago
You wrote about the housing bubble, I wrote about cash money. You wrote about theoretical licenses, I wrote about that you practically own something. Example: I buy a DVD, I can play the DVD as many times I want until it physically breaks. I some states it's also allowed by law to create a backup copy in case it breaks. And while you are allowed by law to do things, it's not possible with new paradigm like used in Win10, John Deer traktor or Tesla S car - so even if you are by law allowed to do things like sell your own stuff, you simply can't do that with such dongled stuff that also tracks you all the time as extra bonus. And it's not about electronic cash per se, it's about centralized systems. I am unsure about Bitcoin but it sounds at least better than a system controlled by the state. Anyway cash money is still the way to go. It's like electronic voting, at the moment there is no realistic way to build a system that is secure and also don't record who voted what and making it easier to mass-manipulate votings - that's why still many states disallow electronic voting or reverted back to voting on paper. Of course many lobbyists from voting machine manufacturers would say the opposite.
- joeclark77 11y ago
  I'm skeptical even about (paper) cash. I'm thinking about learning to make my own silver coins.

frik 11y ago

You wrote about the housing bubble, I wrote about cash money. You wrote about theoretical licenses, I wrote about that you practically own something. Example: I buy a DVD, I can play the DVD as many times I want until it physically breaks. I some states it's also allowed by law to create a backup copy in case it breaks. And while you are allowed by law to do things, it's not possible with new paradigm like used in Win10, John Deer traktor or Tesla S car - so even if you are by law allowed to do things like sell your own stuff, you simply can't do that with such dongled stuff that also tracks you all the time as extra bonus. And it's not about electronic cash per se, it's about centralized systems. I am unsure about Bitcoin but it sounds at least better than a system controlled by the state. Anyway cash money is still the way to go. It's like electronic voting, at the moment there is no realistic way to build a system that is secure and also don't record who voted what and making it easier to mass-manipulate votings - that's why still many states disallow electronic voting or reverted back to voting on paper. Of course many lobbyists from voting machine manufacturers would say the opposite.

joeclark77 11y ago
I'm skeptical even about (paper) cash. I'm thinking about learning to make my own silver coins.