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    Author Topic: How should we pay for things in space?  (Read 1865 times)
    dree12
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    July 24, 2013, 04:34:40 PM
     #21

    By the time we get into serious space settlement, we will have developed the technology to allow faster than light communication.

    By the time we're sufficiently advanced to quantum tunnel data or are establishing miniature wormholes for FTL transmission, is it not likely the whole concept of money is outdated by then?

    I am not sure the concept of money can become outdated? Even if we live in an egalitarian utopia, there will still be reasons to put value on things for accounting and making decisions and stuff.

    The "medium of exchange" may become outdated when everyone can manufacture anything. Already, 3D printers are spreading to each and every home. Eventually, we may return to the barter system, as we would always have something the people we are to do business with want.
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