4 ms·
I wouldn't say it is the most objective way. It is a remarkably simple way to accomplish a number of excellent things and with more success than other methods h
by stkdump 5y ago
I wouldn't say it is the most objective way. It is a remarkably simple way to accomplish a number of excellent things and with more success than other methods humanity tried so far.
I hope we can come up with something better in the next few hundred years. The main problem of money lies exactly in its simplicity, i.e. everything becomes fungible, which in reality many things just aren't. To work around this we needed to invent stuff like taxation and legal persons. A mind-boggingly huge part of government and thus man-power is set aside to work around the problems that the fungibility of money creates. I am pretty sure there are superior technological solutions, where the rules/laws don't have to work-around ever more clever ways that cooperations and rich people use to work-around the limits we try to set for the fungibility of money.