Will the Dollar Be Replaced With a Social Currency System? | Joe Rogan and Bill Ottman

I really wonder if there's bottlenecks for progress that we're going to run into. And I think ultimately, information is one of the big ones. And information also, in a lot of ways, is money. You know, I mean, when we think of money, we're thinking of ones and zeros that are being moved around on bank accounts. It's data. I mean, it's attributed to different people and you get to do more things because you have more of these numbers and more of these things. But what is it really? It's not gold-based anymore. It's not a physical material object that you're coveting. Now it's some weird thing. And it's kind of like information on a database. And what if we get to a certain point in time? And I sort of feel like in this weird, vague, abstract way, we're moving towards this with all. It's one of the things that when I really step back and wonder about this trend towards socialism and social democratic thinking, I wonder what that is. And I honestly think that we're moving towards this idea that, hey, you know, we've got a lot of fucking problems that could be cured if you move some of that money around. But should you be able to move some of that money around? And what happens if that money becomes something different than... What if people start developing social currency instead of financial currency? What if your ability to do things was based on how much you actually put in? I mean, we're assuming, right, we assume that the way we do things now, where if you want to buy a car, you have to have $35,000. That's how much a Mustang costs. And you've got to bring it to the bank and this and that, and you can prove a loan. But what if we get to a time in the future where it's not these pieces of paper that give you material objects, but rather your own actions and deeds provide you a social currency that allows you to go on vacations or allows you to eat at restaurants, it allows you to do things and there's this running tally. That's not outside of the realm of possibility. No, I think reward systems within everything that we're using are going to rise up. I mean, that's what we're already kind of doing. I mean, we reward tokens for activity. We're going to see that rise up in more things that we're doing. But what I'm saying is if we're doing it in, if it's a social currency and that your own personal behavior allows you to access more freedoms or more goods or more things, it would encourage positive behavior and community based behavior because that would be the only way to advance. I mean, obviously there's a long time down the line, but when the first caveman, you know, traded the first fucking shiny rock for the first spearhead, you know, whatever it was that they did that started this whole inevitable trend towards money, this is not something that has to be this way forever. You know, and I wonder when we're looking at the distribution of information, which is arguably not arguably, it's never, never been like what we have today. There's never been a time in human history where everyone had so much access to information they used to have to pay for. You used to have to go to schools. You have to, you used to have to earn your way to the position where you could open the very books that had all this information in it. Now you just get it off your phone. It's instant. And I, this is a whole different way of interfacing with information. I think this is going to affect higher learning institutes. I think it's going to affect a lot of different things, but I wonder if this all can be applied ultimately someday, maybe not in our generation, but someday to money that people start using social currency and that social currency is going to be almost like we have some sort of a database of social currency in this country.