Elon Musk: Money Will No Longer Have Value!!

What exactly is money?

Elon Musk believes that "money" is essentially a measure of labor allocation.

Having money simply indicates that you can make others do things for you.

If one day artificial intelligence and robotics are sufficient to meet all human needs, then money will no longer be important.

Musk cited Ian Banks' novel "The Culture" to explain his point of view:
"In the distant future of that series, they also have no money; everyone can basically get anything they want."

The monetary system gradually disappears, and Musk proposes an alternative concept: energy.

For example, Bitcoin is energy-based.

Energy is difficult to store and inefficient to utilize, and you can't even regulate it through legislation.

"So I think we probably won't have money; maybe all we'll have left is energy."