🚨 @elonmusk: "I call a magic money computer any computer which can just make money out of thin air ... I think we found now 14 magic money computers. They just send money out of nothing." pic.twitter.com/0czKnq3zXC
— Chief Nerd (@TheChiefNerd) March 17, 2025
Gold and silver aren't required to run an economy. That is a bankers' trick. Money serves a primary role as a tokenized currency for an exchange of favors. It doesn't need to be backed by anything, except mutual favors provided, if everyone behaves responsibly. In a society of universal generosity, everyone would be free. I give what (some) other people want, I receive an equivalent recompense. The system balances itself out. Ultimately, the money training wheels can be removed and people can just cooperate naturally. Money should be treated as a public utility - nothing more.
Classism is the problem: hoarding favors or demand tokens. Also mooching, a word Ayn Rand's libertarians use a lot; but mooching (parasitism) carries the seeds of its own downfall via unfulfilled lives.
What infrastructure, what universal utilities, do we as a national assemblage of individuals want to have and share use of? Let's find some visionary system engineers who can meet up, discuss technologies and feasible options, make proposals to national citizens' committees – who will make proposals of their own – and let's arrive at a reasonable consensus based on best mutual outcomes.
Who wants to work on physically manifesting these selected infrastructure projects? What materials do we need? Do we have enough specialists, or do we need to develop national training programs? And so on.
Free money...
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