musk says robots will give us "universal high income." heres the question nobody's asking

musk says robots will give us "universal high income." heres the question nobody's asking

elon musk just said we wont need to save money anymore. ai and robots will produce everything. no poverty. no scarcity. universal high income for all. not basic income.... high income. sounds like paradise.

this wasnt a throwaway comment either. he said it directly in response to the trump accounts initiative.... the one where newborns get $1000 savings accounts. musk basically said dont bother. the robots will take care of everything. "there will be no poverty in the future and so no need to save money."

but heres whats bugging me.... who decides what "high" means? who distributes it? who controls the off switch?

someone still has to run the system. someone programs the robots. someone decides you get your share. and if they decide diffrently tomorrow, well. we've seen this movie before. fiat currency. central banks. "trust us." every system that requires a distributor eventually becomes a system that serves the distributor.

musk even admitted in a previous interview that theres a "negative scenario" where "all bets are off" and "we're in deep trouble." he knows the benign outcome isnt guaranteed. so the question becomes.... do you want to bet your entire financial future on the benign outcome?

bitcoin exists because trusting the distributor is the problem. not the solution.

musk might be right about the robots. he might be right about abundance. honestly i hope hes right. but even in a world where goods are infinite, the scarcest thing wont be stuff.... it'll be sovereignty. the ability to own something no one can print, pause, or take back. the ability to say no.

long term this is what people miss about bitcoin. the argument was never really about inflation or price or store of value. those are symptoms. the root is simpler. bitcoin is the only asset where you dont need permission to own it. or keep it. or move it. theres no distributor. no off switch. no "negative scenario" where someone else decides you dont get your share anymore.

in a future where income is "given," the only real question is whether you trust the giver. forever. through every political cycle. through every administration. through every crisis that makes them "temporarily" change the rules.

do you?

or would you rather own something that doesnt require trust at all?