Inflation is inherent to the economic world order it’s nothing to do with whether we are using crypto or fiat. Crypto inflates and deflates like crazy bananas anyway, so don’t really see your point there!
As I said, if some future tech grants us essentially unlimited energy and we access essentially unlimited resources then the arguments of inefficiency cease to be about why we CAN’T but still remain about why we WOULD.
A Dyson Sphere is even more science fiction than fusion power. Like, so science fiction it will almost certainly never happen. Dyson Swarm, just maybe, in the year 25,000. Also, you would never locate it around a distant sun to power applications here on earth. Now you’ve got the astronomical distance to transmit the energy over, and general relativity to contend with.
Freedom is another one of those abstract advantages that will never trump the real advantage of safety. Yes you are free and that’s a principle you can enjoy. Zero recourse when something goes wrong: that’s a reality people will detest. Which will be the more powerful force? I argue that the freedom you mention will never trump the safety of centralised fiat (and other related benefits) for the average person.
I’d guess that my understanding of the tech is several times better than most people who are pro-crypto. At least for me, the opinion in the title has not been arrived at quickly.
Aquillyne OP t1_j21ny8r wrote
Reply to comment by Revenant690 in Crypto and blockchain are not the technology of the future – prove me wrong. by Aquillyne
Inflation is inherent to the economic world order it’s nothing to do with whether we are using crypto or fiat. Crypto inflates and deflates like crazy bananas anyway, so don’t really see your point there!