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

Mirco Romanato painlord2k at libero.it
Thu Nov 7 21:36:47 UTC 2013


Il 07/11/2013 20:58, Kelly Anderson ha scritto:

> How do you see the Singularity as being tied to Bitcoin? (Real question,
> not rhetorical.) I just bought my first bitcoins the other day. I will
> buy more soon if I can.

Autonomous Corporations first and AI (and Augmented Humans) later need a
way to cooperate. Or this is done in a way we are not able to understand
now or it will be based on something we understand: money.

Bitcoin allow unlimited payment to unlimited number of entities.
Any AI doing something useful will be rewarded using bitcoin where any
AI doing something harmful will be not. Just like humans are.
So we have a way to select for useful AI: we pay them for doing
something useful. And they pay us back if w do something useful to them.
And if we are useful to them, they will not think about recycling us as
Grey Goo.


Mirco




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