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Replying to Avatar GJM

The main problem I see is that traditional financial structures exist because they can allocate to the human labor capital pool to get things done. In a nutshell, if the need for a human to work is denied (dystopian) or goes away (utopian) then the use case for money and tradfi goes away. Bitcoin exists as an opposing force to tradfi structures. If tradfi structure goes away because human labor as capital disappears, then the need for BTC as well and any other chain disappears. Bottom line, the meaning of money will change in a utopian outcome. Work will be optional which means money will be to. If money is optional then so is bitcoin. Thoughts?

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halalmoney 1mo ago

Not necessarily. The meaning of work could also change. From: working to survive as is the case now for most people. To: ‘working’ to explore the depths of the oceans, interstellar travel, giant leaps forward in science & technology- driven out of the sheer curiosity which may be unleashed once we pivot from a broken money to a better money.

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