Renewed economy
Picture a future where the Philippine economy stands as a beacon of innovation and inclusivity—a future where the challenges of the past give rise to a new economic doctrine, blending the best of free enterprise and solidarity economics to create a model that works for all. Welcome to a world where every Filipino finds opportunity and prosperity in a landscape shaped by balance and compassion.
In this visionary future, the finance landscape undergoes a transformation, addressing the needs of a changing society with higher interest rates and cryptocurrencies that serve as a solution to inflation. The Philippine peso becomes a powerhouse currency, offering substantial returns on savings accounts and empowering individuals to take control of their financial futures.
But the changes don't stop there—government subsidies make the cost of living more affordable for all, ensuring that every Filipino can access the essentials of life without financial strain. And with universal basic income provided to every citizen, regardless of employment status, Filipinos enjoy the freedom to pursue personal development and leisure without the burden of traditional jobs.
Get ready to embark on a journey of prosperity and abundance in the Philippines—where innovation meets compassion, and every Filipino finds their place in a thriving economy of tomorrow.
Majority of the funding from Filipinos' universal basic income comes from the country's robot tax.
Sustainable Fashion in the Digital Age: Exploring the Rise of Virtual Swap Shops"
As fast fashion loses its allure, the Filipino youth are turning to a new trend: digital swap shops. These online platforms offer a novel approach to fashion, allowing users to virtually try on clothes and accessories before making a purchase—all while promoting sustainability. With the ethos of "pay with what you have," digital swap shops foster a sense of community while reducing waste, offering a win-win solution for both fashionistas and the environment alike.
Selected Quotes
...Everyone would be paid a living wage, because I think...hopefully [by this time] people would understand the value of having human labor and human insights.
But in 2040, hopefully prices are more affordable for everyone, kasi may subsidies ng government.
...[C]rypto itself is...a little bit like a public good. Did you know that before we started really shifting to gold, people were paid with salt. So the word salary comes from...salt...the etymology is is from there...Salt was freely available...So all right, people work by basically spending time, [right]...But basically...the job is that you spend your time doing a thing, and then you get this unit of measurement, which is money, and that's what you get for it. So basically, what you're doing here is if you wanna really be philosophical is you are selling your time...You're selling your time in exchange for money. And basically, money becomes...kind of like a unit of time. Let's say...if I have a million pesos right now, I could argue and say that I know I can probably buy 10,000 hours of time of a whole bunch of people, because I'll pay them per hour, right? So the reason why I am so passionate about cryptocurrency is because I feel like inflation and the devaluing of our money...they're not just stealing our money; they're stealing our time. Because we worked for the money that we have, right. We. We exchanged our time for that money. But as the value of that money gets lower and lower, the time we put in gaining it is no longer worth it. So it's like [inflation is] stealing our time, and time is the one thing that you can't get more of. You can always earn more money by...getting more jobs. But you'll only ever have 24 hours a day, or...29,000 days in your lifetime. So that's it, that's all you get. So the thing that I find very troubling about...when central banks or the Federal Reserve will just randomly...make these monetary policy decisions that generate either more inflation or print more money...Both of them kind of have the effect of devaluing the currency. It's because they're stealing the time of all of the humans that have worked for the money that's currently in the system.
Tingin ko meron yung mga disenfranchised na Gen Z, Gen Alpha, tsaka mga millennials, makakadevelop sila ng economic doctrine alongside technology na nagproprovide ng regulation in both free enterprise, which is capitalism, tsaka yung overregulation yung solidarity economics ng communism. Then icocombine nila in some other way. Tingin ko...yun yung mangyayari. So yung magiging central economic na model natin would be unlike anything we have ever heard of right now.
...The ideal scenario is not that we all have jobs; the ideal scenario is that we have the resources that we need in order to live the way that we want. So, technically speaking, even if I said that...AI is going to like create mass unemployment, if there was a an alternative that allowed people to just live their lives comfortably without working...that's actually the better version of this. In which case, what happens? Well, you work on the thing that you actually care about, right...I guess this is kind of like the future that we see in Star Trek, where...there's no money in Star Trek...at least amongst the [United] Federation of Planets. I have to be very specific here, because...there actually is money in other parts of the Star Trek universe. But [the United Federation of Planets] don't need money anymore, because everyone works on the thing that they want to work [on], and there's resources for everyone. So in a land that is where the resources are plentiful, you don't need jobs or money...the money is kind of our our way to keep score, you see, of which humans deserve more of the resources. And yeah, so in a more ideal world, maybe we don't even need it.
