• @[email protected]
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    1 year ago

    Ok, but just humour me.

    Should someone be allowed to build their own house?

    If they have a house, are they allowed to give it to someone else in exchange for something?

    Could that something they exchange it for be a rare asset, which takes a long time to produce and stores easily?

    Should someone be allowed to store that asset on your behalf and issue a piece of paper that promises to repay the bearer?

    Congrats, you’ve invented money, banking, investments, fractional reserves etc etc

    And it starts with a simple question: Do you recognise ownership? Everything follows from that.

    … and if you don’t recognise ownership in this future world of yours, I expect you’ll have a hard time convincing people it’ll be very enticing.