Cryptocurrency and the Useless Class

in Threespeak3 years ago

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This is a term that was coined (to my knowledge) by Yuval Harari to describe those people who find themselves out of work due to automation and unable to find other employment. This is a growing concern especially now that we see things kicking into overdrive in terms of automation.

In this video I discuss how we cryptocurrency is the ideal solution to this problem. While people are looking to governments to solve it, we have the answer right here.


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!BRO I !LUV that you mentioned Yuval Harari!

I listened to "Sapiens" several years ago and that was probably the turning point in my life when things started making sense.

I followed up with Homo Deus, and the last one which I've forgotten the name of, and enjoyed the second as much as the first, but don't recall being impressed with the third.

The concept that wheat domesticated humanity really drove things home for me.

There's a documentary entitled "The Botany of Desire" that focused on four plants and the evolutionary journey they've taken along side humanity that I had watched years earlier and the concepts I learned within, coupled with what Harari had to say about the evolution of humanity, as well as the tools we've developed along the way, really broadened my perception of damn near everything.

I was also blown away by his take on language, and the magic of words. When he said spells were spells because one spelled them out there was an earth shattering KABOOM! in my brain. Everything I knew about religion and politics came crashing together to paint a picture of clarity of the evolutionary journey of our whole species.

I can't recommend his work enough!! I think it should be required reading in schools. Fucking grade schools. Get the little bastards thinking about things in broad terms asap.

I wish I had access to thinking like his when I was a kid. I'd be bitter for not, but it's hard to be mad about anything these days, now that I'm Splnta-Rich, wah ha ha ha ha!! Peace out.

You know, some of the persons of the useless class might find even crypto too hard to make it work. Consistency, patience, long term view. Common! Where's the casino?

Summary:
In this video, the speaker discusses the concept of the "useless class," a term coined by Yuval Harari. The useless class refers to individuals who lose their jobs due to automation and lack the skills for new opportunities. The speaker highlights the increasing pace of automation, accelerated further by COVID-19, and the potential impact on job markets. The recommendation offered is for individuals to consider cryptocurrency as a solution to potentially change their financial futures amidst these challenges. The speaker provides insights into the cryptocurrency world, mentioning DeFi, NFTs, play-to-earn models, and various projects that offer opportunities for wealth accumulation. Ultimately, the speaker urges viewers to consider cryptocurrency as a means to potentially navigate the changing job markets and financial landscapes.

Detailed Article:
The video opens with the discussion of the concept of the "useless class," a term attributed to Yuval Harari, describing individuals who are automated out of jobs and lack the necessary skills for other employment opportunities. The speaker links this concept to the increasing pace of automation and the shrinking job market for individuals with specific skill sets. Highlighting the impact of COVID-19 on the job market, the speaker predicts a future where automation continues to displace jobs at an accelerated rate.

The speaker expresses skepticism regarding the traditional employment market's ability to absorb displaced workers and suggests that the government's proposed solution of Universal Basic Income (UBI) might not sufficiently address the issue. Instead, the speaker proposes cryptocurrency as a potential solution for individuals to change their financial situations amidst the changing job landscape.

The speaker delves into the opportunities presented by the cryptocurrency world, emphasizing the growth and potential wealth creation in areas like DeFi, NFTs, play-to-earn models, and other emerging projects. Specific examples such as the Speak network are mentioned, highlighting the various ways individuals can participate in and benefit from these platforms.

Furthermore, the speaker encourages a long-term focus on cryptocurrency investments rather than short-term gains. They discuss strategies for accumulating tokens and the potential for significant financial growth over time, stressing the importance of consistent effort and prudent investment decisions.

The video concludes with a call to action for individuals facing potential job displacement to consider cryptocurrency as a viable option to secure their financial future. The speaker emphasizes the need to avoid relying on traditional forms of employment and government assistance, advocating for self-reliance and engagement in the cryptocurrency space as a means to potentially thrive in a changing economic landscape.

Interesting episode today. The useless class ....
You make a good argument for the crypto community really taking care of their fellow man by helping them move into the crypto pace for financial sustenance. We are the future if we enlarge our tent so more people can fit inside it.

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