Replying to Avatar TheJoker

A future without money may have seemed like a utopian dream or a communist nightmare for some, but it is a possibility that many people are considering today. In this world, the concept of currency and exchange would be eradicated or become entirely different, replaced by a more equitable and sustainable system using blockchain technology. people would live in a world where resources are distributed based on need, rather than the ability to pay. "resource-based economy"

With the growing inequality that exists in the world today and wealth being concentrated in the hands of the very few, many now believe that it is time for a change.

The current system of exchange based on endless growth of surplus value is impossible to create a sustainable world without consuming, polluting, conflicting it into oblivion.

A moneyless system would level the playing field, making it possible for everyone to have access to the resources they need and will shift the focus from growth to sustainability, as people would be motivated to conserve resources and protect the environment.

Blockchain technology with its ability to provide secure and transparent tracking of resources as they move through the economy, can help to prevent theft, fraud, and other forms of economic waste, as well as providing valuable insights into the flow of resources also its ability to work in decentralized networks making people trust each other without a central authority on all activities like production, distribution, consumption, communication and coordination.

However there are challenges that need to be addressed. One of which is the need to create a intuitive system that is accessible to everyone, regardless of their level of technical expertise.

Another challenge is the need to create a regulatory framework that encourages the development of the blockchain and guarantee security that is verifiable by everyone, thus no one could cheat the system by editing records because everyone using the system would be watching and verifying.

We can revolutionize the world as the number of people willing to work together to create a world that is based on equality and sustainability are far more than those who do not.

While the challenges of creating such a world may seem difficult, the benefits of a world where everyone has equal access to resources and the environment is protected make it a future worth striving for.

Blockchain has nothing to do with equality. It's just another kind of money. Btw, gold is money, but usa dollar or chinese rmb is not money, they are debt.

To achieve an ideal society, a universal basic wage is needed, as well as restrictions on capital outflows. Of course, if the world were to merge into one country, capital would not be able to flow out.

Reply to this note

Please Login to reply.

Discussion

No replies yet.