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    Author Topic: [XMR] Monero Speculation  (Read 3316609 times)
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    rangedriver
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    April 02, 2017, 07:58:06 AM
     #28021

    Naturally, you're all forgetting that scientists are 25 years away from creating the first molecular assemblers, and 100 years away from creating the first atomic assemblers.

    In the first instance, molecular assembly, it is indeed possible to 'photocopy' and 'assemble' any material object providing you have the necessary starting elements. In any capacity (including weaponised and/or generated from the funds of national governments) this would inevitably lead to economic catastophe by way of the ease in being able to 'print' unlimited amounts of paper money, along with other intricate valuables, while leaving only the elements themselves (most notably gold and silver).

    This is 25 years away.

    In the second instance, atomic assembly, there is no need even for a portfolio of base elements as each atom would be generated from a standard abundant element as required (e.g oxygen etc). In this scenario, neither gold or silver is spared from replication, thus leading to total material-as-storage-of-wealth destruction, and while this would theoretically lead to a 'post-scarity economy' of infinite material abundance, it would still leave a gaping hole for economies that cover the service sectors and any other human faculty of labour not represented by physical things (e.g governence).. hence, the global monopolisation of crypto-currencies, as theoretical stores of wealth that are immune from replication.

    So yea... Bitcoin... Monero... Good time to buy.

    Happy Saturday Everyone.

    Updates:-

    https://singularityhub.com/2016/05/16/nanorobots-where-we-are-today-and-why-their-future-has-amazing-potential/
    https://singularityhub.com/2016/05/10/how-scientists-are-hacking-biology-to-build-at-the-molecular-scale/
    http://www.nextbigfuture.com/2016/08/when-molecular-nanofactory-is-realized.html
    http://physicsworld.com/cws/article/news/2016/nov/07/atom-assembler-makes-defect-free-arrays

    Don't underestimate the race for molecular and/or atomic assembly. Very much like the pursuit of atomic weapons, the entity that cracks this science will inherit the earth... and gold and silver will be worth nada.

    There is literally no substitute for wealth storage that is immune from replication. All that remains is how quickly the masses start to understand and pre-empt this, while adjusting their positions accordingly.
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