BTC becomes the world reserve currency overnight. Tomorrow morning everyone is voluntarily using bitcoin instead of fiat to buy & sell goods. How would the world be different?
Discussion
goods. reserve voluntarily sell of BTC
currency morning & bitcoin using everyone overnight. instead fiat world Tomorrow the is the world would be How buy different? to becomes
Initially I want to ask for more context here.
However I think you would start to see zombie companies fail and people be out of jobs, rather quickly, looking for someone to bail them out. With the governments unable to help with bitcoin. They either have to start with fiat and enforcing that people take it. If the did not there would be a huge uprising and new states built.
Even if people are using it voluntarily doesn’t mean they understand what it is and the responsibility they need to take personally if it is all there is. People wallets might change but it is the mindset that is most important.
Love this input. I wonder what happens when these people are out of jobs at zombie companies. No longer distracted at their fiat farms, will they realize their potential to contribute to human flourishing and productivity in some other way in order to survive in the new v4v economy?
The context for the question was curiosity of what people envision when they say “bright orange future”. How do cities look? How is society different? How do we interact with each other? Those sorts of things.
The highest quality goods start to permeate through local villages that sustain themselves around energy hotspots that monetise it through Bitcoin, people live 50% longer and families get bigger, we condense to a single language, and religions see eye to eye, we link up all philosophies and take out our disputes through cyberspace, we create various levels of societies on varying laws, all derived from god given rights which we agree on, music, art and sport evolve to become deeper, more nuanced and enriching.
We feel far deeper connections with those around us due to trust sky rocketing where cheating and lying have little return.
Society flows like water and we get the ability to bring out consciousness to other parts of the universe.
This is exactly the kind of high signal response I was hoping to get when I posed the question. Thanks so much for sharing your vision for the world. It’s beautiful and inspiring.
I’m curious what you mean when you say “we create various levels of societies on varying laws”, what does this look like?
Yeah, of course, it’s a work in progress but far from impossible to be realised.
We will still differ in our preferences on what is just or not (hopefully on the marginal topics), therefore I believe there will be, just like today a variance in the laws for each society, where if you want those laws to be enforced for you, you contribute to the specialist in law enforcement in your area. Due to the inability of monopolising money creation, there will be fierce economic entrepreneurial competition, only leaving the best.
Entities will be way better at what they do, we will be able to develop much more complex systems that rely on prices which are based on sats, being incorruptible.
I believe each individual will be able to delve much deeper into who they are and express their essence through their work, whatever form that takes.
Compassion will be much more prevalent, and ultimately we will be much more present beings, being able to come closer to God.
