3 ms·
Will the concept of money still mater as much if at all if all energy is free?
by alex_hitchins 9y ago
Will the concept of money still mater as much if at all if all energy is free?
- aoeusnth1 9y agoLet me rephrase - “will anything be scarce if electrity is free?” The answer to that is obvious: yes. So why wouldn’t we need money?
- alex_hitchins 9y agoAgreed, hence "as much". My thoughts were that the main cost of 'stuff' is the energy used in mining or preparing it. If you have free (cheaper) electricity, you don't need oil, metal production has it's biggest cost removed, etc.