Musk: Money Will No Longer Have Value!!

What exactly is money?

Musk believes that "money" is essentially a measure of labor distribution.

Having money simply means you can have others work for you.

If one day, artificial intelligence and robotics are sufficient to meet all human needs, then money will no longer be important.

Musk cited Iain M. Banks' novel "Culture" to explain his point:

"In the far future of that series, they also have no money, and basically everyone can get anything they want."

The currency system is slowly disappearing, and Musk proposed an alternative concept: energy.

For example, Bitcoin is based on energy.

Energy is difficult to store and hard to utilize efficiently; you can't even legislate energy.

"So I think it's very likely we won't have money; perhaps we'll only have energy.

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