re: Virgin Galactic to accept Bitcoincs

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You're saying all labor will be free.

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I know it's hard to imagine, but yeah pretty much. If the world ever progresses to a point where all 'undesirable' labor is automated and mechanized, is it really such a stretch to think that people would do what they love to do for free?

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There will be no incentive to create because everything will have been created or as soon as a new invention is conceived everyone will be able to produce it himself, for free. Or, the inventor will, through complete magnanimity, produce and provide for free what he just invented in unlimited quantities to anyone who asks.

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Don't you think this is a bit narrow-minded? After all, many people already create things and distribute them for free. Even today when money is the driving force behind everything, we see that once one's needs are met, the natural tendency for many people is to create and share, for free.

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Even entertainment will cease if there is no incentive for athletes to play and there will be no incentive for audio or video entertainment to be produced.

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Are you really suggesting that athletes would not want to play a game if not for the money? I think the opposite would happen. If 'earning a living' wasn't a real concern, many many more people would consider being some sort of entertainer or athlete. If the opportunity cost was zero, why wouldn't everyone pursue their dreams? And if everyone did what they do for the love rather than the money, wouldn't the results be better?

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Everyone will be able to produce his own food, transportation and dwellings. All energy to run our lives will be free or we will all be able to produce it ourselves, even making our own nuclear reactors or solar panels to heat, cool and light our houses, which we all built ourselves with materials we all produced ourselves or will be so plentiful we can just 'harvest' the materials ourselves somehow.

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Again, I know it's hard to envision, but the ultimate input in creating anything is energy. If energy wasn't scarce, then could you imagine how the dominoes of non-scarcity might fall? This is why so much money is going toward solar (and also probably why so much money is fighting it, status quo and all).



Of course, we do still live on only one planet, and its land is necessarily scarce. So, as I see it, we have two major stumbling blocks: energy and space. All you have to do is open your mind just a little bit to see that both of those limits can be overcome. It's really only a matter of when.