Oddbean new post about login | logout Oh, yeah that's true. Buttt now I'm wondering... Are roads a fiat distortion? They just don't seem necessary to me. And roads exploded all over the place after the federal reserve was established, at least in the US.
All roads should be dirt and unimproved this encouraging unskilled drivers to remain at home😎 https://m.primal.net/LdUC.jpg
Or reducing the cost of their accidents.
A definite distortion. Roads are involuntarily funded. Roads would look much different if this wasn’t the case. I think we would still have roads.
I think there would be fewer roads. More cost effective, placed where needed. I don't see any need for a vehicle inside a town. Suburbia is unnatural and soul crushing.
How do you think goods manufacturing would change?
Fewer roads synergizes with 3d printing. 3d printing synergizes with Bitcoin. Bitcoin synergizes with higher quality goods because people want to save it instead of spend it. The whole thing works together. Imported freight will have to be exceptionally high quality to compete with locally produced stuff from freely available print files. China imports die instantly and completely on a bitcoin standard.
You should write bedtime stories for Bitcoiners
I'm trying to, its soooooo hard!
Humans have always made trails to get from one place to another more efficiently. Even non-human animals do this. Not to say that there weren’t a lot of “let’s create more jobs!” needless roads made throughout human history. But like so many things the state co-opts and corrupts, I think there is a genuine and innocent human desire for it that we can see fulfilled without coercion.
No. Roads facilitate transactions. Example: England was the first Yurpean country to industrialize precisely because they had hundreds of years of private road development that was paid for mostly by tolls coming from merchants who wanted to use safe, fast roads to get goods to market to minimize losses. Once the UK gubment took over, this process pretty much came to a grinding halt.
