#bitcoin #nostr
The idea that a limited means of payment would make more sense for people with limited lifespans is based on several philosophical and economic considerations. Here are some strong arguments for it:
1. Valuing time and resources:
* Temporal finiteness:
* Since lifespan is limited, the means we use to "buy" that time (money) should also be limited. This would lead to a greater appreciation of time and the resources we use.
* It could help people to be more conscious about what they spend their time and money on.
* Sustainability:
* A limited means of payment could help reduce overconsumption and waste of resources.
* This would be especially important in terms of sustainability and protecting our planet.
2. Distributive justice:
* Avoiding extreme inequality:
* A limited means of payment could help reduce extreme inequality in wealth distribution.
* This could lead to a fairer society where everyone has the opportunity to live a fulfilling life.
* Focus on what matters:
* If money could not be accumulated infinitely, people might focus more on intangibles such as relationships, experiences and personal development.
3. Psychological impacts:
* Less stress and anxiety:
* The constant pursuit of more and more money can lead to stress, anxiety and dissatisfaction.
* A limited means of payment could reduce this pressure and contribute to a more relaxed lifestyle.
* Greater satisfaction:
* If people focus on what matters and use their time more consciously, they could lead more fulfilling and satisfied lives.
Key considerations:
* It is important to note that implementing such a system would be extremely complex and would present many challenges.
* There would be several ways to design a limited means of payment and each would have its own advantages and disadvantages.
* The idea of linking money to lifespan is an interesting idea that can get us thinking about the value of time and money.
In addition, it must be noted that the idea of a limited means of payment would change many economic factors. Such as:
* How would inflation change?
* How would this affect saving for the future?
* How would this affect international financial markets?
These are just some of the many factors that would need to be taken into account when considering such a concept.