Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

But it does track the relative allocation of resources between all parties, which is all you need to grow food, etc. (and yes, that balance can be changed by printing money, but again, it is simply changing the relative allocations). Communities cannot really keep track of how many plots of land that Corporation X has bought, especially if they are a national establishment buying plots all over the country. You would have to have a distributed mechanism for tracking that, which would somehow involve each district protecting its own data sources very carefully. Luckily, people already carefully guard a data source: dollars. So we don't need this.

Of course we should focus on morals and value. But value is something that cannot be measured accurately using any real world metric, so we only have approximations, of which money is one. As for morals, I'm not sure where you got the idea I said we shouldn't focus on them. One moral I have is that keeping people alive is good, and in the industrialized world, money is the only way to do that, whether you earn it or steal it.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: