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by nathan_f77
3122 days ago
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I think you're right that it's not an ideal situation, but humans are not an ideal species. We don't yet live in some Star Trek (or The Orville) world where currency has been abolished and everyone acts altruistically all the time. Cryptocurrencies might be able to serve as a stop-gap before we figure out how to get there. It keeps everyone honest. In the future, it might even replace the entire tax code. There would be no more fines or punishments, and companies would no longer be able to hide their profits offshore. Taxes could just be automatically collected from each transaction, and managed by some global organization (maybe the UN). The world could even agree on a "basic income" contract that solves inequality. These are all hypothetical examples, but I think this would be a worthwhile use of electricity. Especially if it's all cheap and renewable energy. |
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