[ExI] What happens when Bitcoin goes to a million bucks?

[Eugen Leitl]

On Thu, Nov 14, 2013 at 10:17:54PM +0100, Mirco Romanato wrote:

> The Singularity will bring, for sure, enhanced ways to cooperate and

The Singularity, for sure, is defined as a prediction horizon.
So trying to predict that is, by definition, is impossible.

> collaborate, increasing the productivity of the productive individuals:
> allowing faster and freer economic transactions without the need of a
> third party is just one of them.
> 
> I think there will be big business but, without a big government

Business? Government? Where we're going, we don't need either. 

> granting them privileges, they will be forced to be a lot more useful or
> the competition will eat their lunch with no remorse.
> 
> What is the point of a Singularity or living an unlimited amount of time
> or be mentally, physically and ethically enhanced if we need more
> government to run our lives.

There is no point in the Singularity, any more than any point there is
in your current existence. Why are you there, wasting perfectly good
air? The universe certainly doesn't care, but us chickens sure do.

> We don't want become like Gods to live like Z the Ant.

It doesn't matter what we want, it only matter what we're going
to get, collectively.
 
> Bitcoin show that many things done by the government can and should be
> done by the market, by the people. And the people can and will do a
> better work than any government.

As an anarchist, I care about neither governments, nor corporations.
As a pragmatic anarchist, I'm willing to run for office or being
an enterpreneur if it helps getting things done, short-term. Long-term,
we'll see if we live long enough to care about that.