RE: Iran to Use Cryptocurrency to Bypass USD and Pay Allies, as Rial Set to Lose 57% Value by End of 2018
Which is why new and better jobs need to be created... to get rid of all the worthless nothing jobs that simply exist to ease unemployment statistics. There's a reason you can't pump your own gas in Oregon and there's a reason why people think automatic checkouts are bad... and it's a dumb reason. These are unsustainable bandaid jobs.
Cryptocurrency gives a lot more leverage to those poor and downtrodden individuals that are being exploited by the rich. They now have the means to opt in to their own currency and economy and regulate it as they see fit.
Decentralization can be inefficient, but that inefficiency is being trumped by sheer greed, making it totally worth it to create new systems and cut out the greed monsters. It's a race to the bottom, and it's barely even begun.
Oh I agree with you on what needs to be done. However like everyone else when we start talking about what will happen, not being a prophet creates a bit of a problem.
The truth is only those jobs that must be done by living beings will have economic value. Sadly this denies the value of the living beings.
"There's a reason you can't pump your own gas in Oregon and there's a reason why people think automatic checkouts are bad... and it's a dumb reason"
Your futuristic vision must be way better than mine as I have not seen the evidence for people thinking automation is bad also being dumb. The truth here is that auto inclusion is not how the system is being built. Thus the fears are founded both on how it is being built and the record of those who are investing in it's building. Both facts kind of support the thinking that automation is bad.
Thinking that the owners of the automation are going to include everyone is naive and fly's in the face of the Historical record.
Replace "dumb" with "extremely inefficient and not ideal"
A blockchain gets created where all the profits of automation get distributed evenly as UBI. Problem solved. I'm not underestimating the amount of greed in the world. I'm fully aware of how badly automation can centralize wealth distribution.
However, at the end of the day, if the rich want the poor to keep working as slaves, the poor have to have something that the rich want in the first place (a tiny bit of money and/or the ability to work). If machines are doing everything what's the point of having poor slaves? Perhaps there are plans in the works to kill a few billion people off when they've outlived their usefulness? Who knows.
Have you seen the movie Kingsman? The logic tracks.
Yep and so have a lot of smart poor. By now the logic has tracked with them too. The real deal is if not I, not you. I wonder if the rich are programer's. If not they also are not going to win.