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I don´t want to reduce this very good thread to this but in a gist, it also comes down to energy.
When you pay me for any amount of apples you are not paying for the apples. The apples were free but the energy I spent while caring for the trees, collecting the apples and bring them in so you can get the end product, is not.
Oh wait, I just created a currency again. I think with our human nature, some form of currency has the be around, and it has to be based on some energy convertion model. Humans want to experience their senses.
This all is based on the idea that food is distributed equal and not endlessly available at any given moment. Over large timeframes with the biologic cycle of course it is, in theory.
I was surprised it did not get more attention.
originally posted by: projectvxn
I wrote this essay with the help of members of ATS in the following thread:
Machine Economy vs. Universal Basic Income
Because of their challenges, this essay, while admittedly incomplete in terms of potential and scope, got me an A in my Com 101 class, so it was at least good for that.
The concept itself is something I'm very passionate about. I believe we can expand upon this in terms of mechanics to fundamentally change the role of money in our lives. I want to make money obsolete, and I believe this is how we do it.
"...those who have learned to make money with money-which money can never be anything but a medium of wealth exchanging-have now completely severed money from its constant functional identity with real wealth.
With their game of making money with money the money-makers and their economists continue to exploit the general political and religious world's assumptions that a fundamental inadequacy of human life support exists around the planet."
Buckminster Fuller, Critical Path, Chapter, The World Game Our government has its own currency:
"World Kilowatt Dollars."
"In this cosmically uniform, common energy-value system for all humanity" Fuller wrote, "costing will be expressed in kilowatt hours, watt-hours, and watt-seconds of work. Kilowatt-hours will become the prime criteria of costing the production of the complex of metabolic involvements per each function or item.
These uniform energy valuations will replace all the world's wildly intervarying, opinion-gambled-upon, top-power=system-manipulatable monetary systems.
The time-energy world accounting system will do away with all the inequities now occurring in regard to the arbitrarily maneuverable banker-invented, international balance-of-trade accounting"
A fullerene is an allotrope of carbon in the form of a hollow sphere, ellipsoid, tube, and many other shapes and sizes. Spherical fullerenes, also referred to as Buckminsterfullerenes or buckyballs, resemble the balls used in association football.
Cylindrical fullerenes are also called carbon nanotubes (buckytubes). Fullerenes are similar in structure to graphite, which is composed of stacked graphene sheets of linked hexagonal rings. Unless they are cylindrical, they must also contain pentagonal (or sometimes heptagonal) rings.
The first fullerene molecule to be discovered, and the family's namesake, buckminsterfullerene (C60), was manufactured in 1985
Something hit me very hard once, thinking about what one little man could do. Think of the Queen Mary—the whole ship goes by and then comes the rudder. And there's a tiny thing at the edge of the rudder called a trim tab. It's a miniature rudder. Just moving the little trim tab builds a low pressure that pulls the rudder around. Takes almost no effort at all. So I said that the little individual can be a trim tab. Society thinks it's going right by you, that it's left you altogether. But if you're doing dynamic things mentally, the fact is that you can just put your foot out like that and the whole big ship of state is going to go. So I said, call me Trim Tab. — Buckminster Fuller
We can prepare for this today by using personalized blockchain ledger-based accounts. For instance, a digital currency can be used for service interactions between machines. Excess energy from your solar power system can be sold via this currency as a service rendered.
Decentralizing and automating digital processing, fabrication, assembly, and service transactions linked to a single ownership account on a blockchain, would ensure that the owner gets paid and continues to participate in the economy
Decentralized economic networks and automation in a machine economy would make a cellphone, an electric car, or an idle computer a contributor to the economy, while the person reaps the benefits.
if the value of labor is work divided by time, then this can be transferred on to an idle CPU to render a service that benefits the owner
How did you get ownership of that solar power?
How did you become owner?