Thanks ErisDiscordia for your
excellent post and especially for quoting from R. A. Wilsons "Prometheus Rising", a book that has greatly influenced me when I first read it a good 20 years back.
I think you have correctly identified a large part of humanities current problem as a resource distribution problem.
(btw: when I say "resource" I mean natural resources, like fossil fuel, fertile soil, water, metals, etc.... I specifically exempt human labour, I don't view that as a resource... in fact I think we should largely do away with the whole concept)
There are many suggestions how to solve this problem (how can we all live happily without destroying earth), some of which I like, some of which I don't like. I don't want to go into them but try to take kind of a broader view. Let's start with some facts:
If one accepts these facts, one can derive that in order to organize efficient resource use one needs to utilitze a
decentralized sound money (can't be centralized, can't have elastic supply, must be money).
I know I'm mostly preaching to the choir and/or sounding like a broken record, but I must say: I truly think
the single most effective measure we can take for more prosperous conditions for humanity is the widespread use of sound money on a global scale (like Bitcoin, you guessed it). This has the potential to solve many problems in one fell swoop without having to administer more specific measures in a top-down coercive manner. With sound money things like price signals and saving actually work. Bad actions are punished and good ones rewarded. The way it should be.
We already started our first steps on this path. Let me lay out in rough terms how it could go down:
- liquid global sound money is invented (crypto)
- people use it as a speculative commodity and increasingly as store of wealth (good money drives out bad)
- people increasingly value bitcoin as the best way to save their wealth and since it's also easily transactable globally, it gains traction for payments, in turn increasing its value for store-of-wealth (positive feedback loop)
- the fiat currencies continue their race to the bottom. Wealth is increasingly being stored in hard assets (land, art, companies, crypto,...). Not sure wether the banking system will collapse or adapt, but the economy will survive (not without a good cleanup, though). There will be much debate (and fighting) about who owns what (except with crypto, on that front it's quite clear: whoever has access to the private keys can spend)
- with fiat growing increasingly irrelevant, governments crumble or downsize considerably becoming fiscally prudent or non-existant in the process. Maybe different organizational structures (rules?) of differing sizes and shapes might evolve.
- same goes for big corporations: they'll either fail or adapt (regulatory capture and corruption don't work well any more)
- things like global surveillance of the population, wars, etc will become much less common because noone wants to pay for that stuff
- we have a largely level playing field, honest work and good innovation is being rewarded while bad action is being punished (failures allowed to happen, no lender of last resort, incentive to not fuck up). This should lead to more efficient use of resources.
- existental fears are much less widespread
- Largely in control of our own well-being, we all lead a mostly happy and prosperous life.
Now maybe it's naive to believe things can evolve like that and actually lead to later points (I also omitted some important things, like who controls public opinion), but I'm willing to try to take the chance and continue spreading the use of crypto.
;tldr:
the use of sound money is the single most effective measure we can take to improve (or prolong) our collective well-being (on a side-note: I also think the use of crypto (mainly Bitcoin) as a store of wealth is the single most effective measure one can take to improve and prolong his
personal well-being)
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