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There is no way such a complex machine could be built by one person. People can have very specialized skills like being a rotor blade composite engineer because they earn money for their work that other people are willing to take for goods and services. If there was no money a composite engineer would need to find a farmer who needed composite work done in order to get food in a barter economy. Money allows us to specialize and still get what we need. Without money there are no composite engineers thus no new helicopters. Bitcoin is a better money and will make free trade of specialized skills even better.

Ben Ewing 1y ago

I get specialisation of labour but not seeing how bitcoin makes it better. If Boeing decided to only accept bitcoin they would get zero government contracts for helicopters and go bankrupt

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Discussion

R 1y ago

Under the current system way too much goes to the people whose only contribution is moving/managing money. Under a sound money standard like bitcoin, more people will be incentivized to actually produce goods and services, specialize in a skill and be rewarded for doing so. Bitcoin as a currency is a long process, but I think there will be a day when the government will not be able to acquire stuff for a money that can be created just by the federal reserve pushing a button.

We'll know when we get there, but my eggs are in the bitcoin basket.

Ben Ewing 1y ago

I just think it’s kind of funny that a pacifist technology is the hope of the angry young men. Could governments have scripted it better themselves?

frphank 1y ago

If the government can just push a button, why raise taxes or take up debt.

R 1y ago

If you want an answer to that question look up the interview between Tucker Carlson and President Bukele. Bukele explains it well.