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RE: Playing Around with Idena

in #blockchain3 years ago

I am skeptical of any and all ID schemes. It smacks of authoritarian "papers please, comrade" in a sphere built to be free from such things.

UBI is a scam from the start. Governments creating or redistributing money doesn't create wealth, it concentrates power in the hands of government thugs. Trying to make such a process honest is a fool's errand.

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Thanks for stating your opinion, but do you have a better plan for how humanity will deal with 40%-60% of all jobs going away due to automation and super intelligent AI? This won't be like the past because just about every job position will be vulnerable.

Some previous writings on the topic:

The entire point is this will be created no matter what. The key is ensuring we do it before governments using decentralized, self-sovereign blockchain solutions we control.

People have been proclaiming mass systemic unemployment due to technological advancement since the dawn of the industrial age. I hasn't happened. Labor is the most scarce of all factors of production, and tools multiply labor instead if replacing it. Labor is then free for new previously-unimagined ventures. There will most certainly be disruptions in the economy, but I haven't seen anything that seriously changes the trend.

If it weren't for the burdens imposed by taxation and cronyism, we would ne far wealthier than we are now. Technology isn't the threat, it is the people who promise to save us fron technology while monopolizing it for their own benefit.

Have you read Nick Bostrom's Superintelligence?

I do believe it's different this time.

It's definitely different this time. It takes an incredible lack of imagination to proclaim that it's going to be like the last industrial revolution.

IF it will be different this time, and I remain skeptical on that front, the answer will still lie in decentralization, not government UBI and digital IDs.

Who said anything about government?