Has anyone seen this video? It made me realize after decades of trying to figure out the real failure of money, and got solved by some guy writing out sci-fi scenarios, that basically you need to treat money's limitation of not being able to transact across light years or maximum life of two people making the exchange. The key to how you actually organize exchange is through a system that integrates the features of planning, data, trust, demand, and finally the wildcard of human element in a system that tracks itself rather than any physical representation. Money covers trust and demand, crypto even covers data to some small degree, but planning and arbitrary human foibles is something that could only be organized by a system that adapts by itself without the players themselves having a part in that, which would either be an alien species that wouldn't utilize/seek to manipulate the system for whatever reason, or AI. I think it's actually a similar line of thinking to people who think UBI is necessary, because the goverment in theory would work in the same vein, as a system that features those key elements, of course the failure being not just being a goverment institution intrinsically predisposed to corruption but that it would still try to capture value as some kind of token which the laws of physics deem at some point, become unaviable when distance becomes great enough, if not for every other reason in human history representation has failed, but it's easy so we continue to fall back on it.lhttps://youtu.be/BGTI5e6k-go?t=1194
inb4 not /finance/