A vision of a world without money

Versión en español

[This post is not about crypto money vs. government money. It’s suggesting another thing: a world without money at all.]

If fiat-government money would not exist and we would use only real time crypto ledgers of interchange of shares of ownership of goods, rights and companies, will we felt that we need to create fiat money? I guess no.

My vision is a system that can give a monetary value to everything that has an economic value, from houses to gold, from art to copyrights, from Bitcoin to dollar, from shares of companies to financial derivatives, real time updated, and with a crypto ledger to record transactions of ownership.

My suggestion is to create an unit of measure that can not be bought or sell, because it dont exist by itself. It only serves as an unit of measure of all other assets. A massive barter system.

It’s like as if we would measure absolutely everything that is valuable and set interchange ratios for everything.

How can everything be valued? With buy and sell orders. A giant trading system of everything that can be bought or sold, with the help of an AI making assessments, buys and sells for us.

Posted by Manu Herrán

Founder at Sentience Research. Associate at the Organisation for the Prevention of Intense Suffering (OPIS).

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