There are still places that use money in exchange for goods and services aren’t there Dan. Yes, there are. Especially in the rural and desperate communities of the less developed countries. But, It has the same drawbacks it always has had. The uncertainty of its value and the ability to hoard it or steal it keeps the places where it is used in a state of chaos and conflict.
As a medium of exchange and accounting money has served the world relatively well but the corruption of it allowed the world to prosper up to the to the point of collapse. Even as the worth of money disappeared the symbolic nature continues its hold on the imagination of many people. The crypto currencies of the 21st century signaled the end of money even though they were treated like money until everyone realized it was literally meaningless. It wasn’t the currency but that had any value but the passwords that protected it or gave access to it was the real currency. That only came about as the global mind negated the need for keeping track of person’s net worth. That was when personal value superseded the monetary worth of an individual and the availability of goods and services, available to them, were relative to the personal worth of the of the individual to the community that everything changed.
Because the global mind, in real time, calculated the relative worth of each member of a society based on the intrinsic values considered important and valued by the other individuals of that community money was no longer necessary for her or him to meet there needs. If the most valuable individual in the community needed something and it was available he or she could have it. Because the global mind was aware of every one and everything it was not impossible to allocate the necessary resources to the best uses. This was not done by fiat or politics but by circumstance and situation and common consent.
Given the nature of people the idea that decisions by consent seems not only impractical but stupid. And yet everyone with a vested interest in the community also recognized that it was their collective actions, choices, attitudes and behaviors that determined everyone’s worth. Because it is now impossible to lie, cheat, steal, deceive, or defraud anyone else it was possible to know your own personal worth not by self delusion but by objective evidence but by relative value. Even the best of the best was apparent because or his or her lack of personal aggrandizement illustrated the difference the most valuable and second most valuable person in the community.
A person not necessarily comparable with a communities value could still live there but the goods and services would only be available to them after everyone else had access to it. And in some cases some products were not available because the person’s worth simply didn’t match the community’s standards. Nothing prejudicial, just circumstantial. I suppose one could consider it discriminatory but the issue is not perception but empirical evidence. The analytics of the community and it residents automatically determine the preference and relative worth of each person. It is not determined by personal choice or biased preferences it’s the aggregation of everyone’s profile that determines the relative value. I may want to live among a group of people with different lifestyles than mine but if my value to them is not beneficial to their society then my relative worth is low. Someone of a different color, gender, or whatever could try and live in the community but its very nature of their character, which determines their suitability.
It all started when the brightest guy In the cave invented a tool that could be used to kill an animal as opposed to just competing for the remains of a carcass with the other scavengers.
The strongest guy in the cave would probably just take it except he would end up dead as soon as he fell asleep. So the idea of barter emerged into the world of finance.
The abundant supply of fresh food lead to a surplus and defensive alliances paid for in trade. Abundance however diminished the value of fresh food plus fresh turned rotten too quickly to be of lasting value.
Things began replacing commodities as the modicum of trade. Relative scarcity established the value of gold and silver. Quality determined rate of exchange.
Rules defined the boundaries of behavior and government seemed like a good idea until politicians and Lawyers showed up.
The need to spend more than they had initiated the idea of debt and the unwillingness to lend money for free resulted in establishment of credit and interest. The politicians learned quickly that they could extort money from the people by taxes and their willingness to spend the future earnings of the populace for things like roads and bridges open the floodgates of eminent domain, public art and tax funded event center construction.
Eventually money became worthless except as a measure of digitally accounting. Crypto currencies entered the market money died and it was only a matter of time before personal value replaced currencies with the advent of the global mind. A person’s value could now be calculated and assigned to each person. Instead of how much a person made based on subjective criteria it was what a person did for society that determined his worth and justified what goods and services he or she was entitled to.
The key to success is open source programming. Each community migrates to the applications they prefer. As new residents move in there, they are valued by that community’s applications.