Farley on Nostr: Imagine an economy where people toil endlessly for the countless blades of grass ...

Imagine an economy where people toil endlessly for the countless blades of grass blanketing the earth—each as accessible as the next. It would be an economy with as much longevity as a raindrop in a desert. Who would strive to gather the infinite when everyone has equal access to it? Soon, the labor would cease, the grass would grow wild, and society would look for something truly scarce to place value upon.

Such an economy would collapse swiftly, for value derives from scarcity and purpose, not from what is infinitely available to all. In fact, it would likely be the shortest-lived economy in history, rivaled only by any attempt to monetize air.