2 ms·
My argument was with the idea that money will be gone as a rationing device. You can come up with alternatives but it’s the human nature that is the problem no
by edgyquant 6y ago
My argument was with the idea that money will be gone as a rationing device. You can come up with alternatives but it’s the human nature that is the problem not the technology we use to ration resources. Let me know when this bug is fixed.
- sudosysgen 6y agoWell, that's not the problem we were talking about, is it? We were talking about the issue of bribery, which is made possible by the fungible nature of money.
- edgyquant 6y agoYes it is, namely this is the GP > Money is the one unpatchable zero-day for every platform and service on earth. To which the response was that Karl Marx had submitted a fix
- sudosysgen 6y agoYes, and? I think you missed a few steps. Someone then answered that bribery is still possible, and I answered again.
- edgyquant 6y agoI didn’t respond to the bribery comment I responded to the patch comment saying to let me know when scarcity is solved. I think it may be you who has added a step there, friend.
- sudosysgen 6y agoMoney is not the only device that can translate relative preferences. Just because things are scarce does not mean that non-scarce tools such as software must be bent to monetary incentives that reduce their value.
- edgyquant 6y agoAny device that is used to ration is money though, there are other means to ration (the three we learn in Econ are beauty, brute force and first come first serve) but any device is by definition money since money is just a rationing device.
- sudosysgen 6y agoNo, money has many more attributes than just being used to ration. Importantly money must be fungible divisible and durable.