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The Imminent Irrelevance of Accumulation
The real revolution that is underway
You might be happy that as covered by previous stories, solar power is on the way in, through the back door, via Bitcoin.
I certainly am.
If you aren’t, then you should be, really. This is great news for absolutely everyone.
At least everyone still alive.
The full extent of it seems to be still mostly way beyond most investors.
Only those investing with full knowledge that they are investing towards the end of all requirements and thus all advantages of investing, are aware.
Bitcoin is eating up money-as-debt, exchanging that for real money-as-labour.
The thing to note is that the labour is now being done mostly by sunlight.
At last we are putting the energy of the sun to work for us.
Since that energy is free, and limitless, as well as our capability to utilise it as such, and it is interchangeably money, labour, information, and even matter, there is no longer any scarcity.
That means no longer any case for profit.
We’ll probably stay in for-profit mode for while, despite it still having an ongoing collateral cost in lives, until all of this sinks in.
But as I’ve written about, in truth we could change tomorrow to an infinite donation economy, all the way throughout humanity.