If I’d identify the problem, I’d say consumer driven economics where we are producing for more consumption instead of quality and need is the problem as no considerable value is created, but the transaction of consumerism. We lack fundamental productivity of value, but are forced to consume to keep the wheels turning, which demands war catalyst when consumption becomes scarce.
Be it dollar, or buy bitcoin.
Absolutely, how can you measure productivity in something you can expand and contract, then you can always create padding around it through accounting and creating, reducing, or locking up certain currency claims through arbitrary rules
In the end its all about how much of my and your time/productivity/savings we commit to the network that they can extract that matters, we are the liquidty
Yet when able to revenue intelligence from time as #mainvolume’s binary intelligence technology makes possible, an independent value is not only created, but as well consumed for the value to be created which solves all the problems the gold standard economies have without conflicting with the foundation of economics, and considering that our time is limited by Mother Nature, a natural scarcity is by design.
It’s not a replacement, but a solution to those terminal dynamic flaws causing crashes.
Consumerism forces us to work for the system, while the system is capable to work for people.
It’s the control and hunger for power, fueled by greed that’s driving consumerism and management by fear. But for that to happen, we must first understand how the system is built and meant to work in order to serve life, and people.
Perhaps futile to expect greed and hunger for power to widen up, so we have become enslaved to it.
