zeroxfe 2 days ago

"Economy" doesn't necessarily mean "monetization" -- there are lots of parallel and competing economies that exist, and that we actively engage in (reputation, energy, time, goodwill, etc.)

Money turns out to be the most fungible of these, since it can be (more or less) traded for the others.

Right now, there are a bunch of economies being bootstrapped, and the bots will eventually figure out that they need some kind of fungibility. And it's quite possible that they'll find cryptocurrencies as the path of least resistance.

  • cheesecompiler 2 days ago

    I’m not sure you’re disproving my point. Why is a currency needed at all? Why is fungibility necessary

    • zeroxfe 2 days ago

      I wasn't trying to disprove your point -- just calling out that the scope of "economy" is broader than "monetization".

      > Why is fungibility necessary

      Probably not necessary right now, but IMO it is an emergent need, which will probably arise after the base economies have developed.

      • cheesecompiler a day ago

        I know you weren’t. I’m saying you’re claiming a currency is inevitable on some level. And I don’t understand why.

        • kortilla a day ago

          Resource allocation without it is not a solved problem

mlyle a day ago

Economy doesn't imply monetization. Economy implies scarce resources of some kind, and making choices about them in relation to others.

  • cheesecompiler a day ago

    I understand that. What I don’t understand is why that’s relevant here. AI can build whatever tooling it sees fit without needing to care about resources necessarily no? Ofc they’re necessary to run it but I don’t understand the inevitability of a currency