Wasteful things like space programs still result in training and gaining experience. That experience can then be used on more productive activities once they have been discovered.
Human existence is meaningless and thus anything we do is meaningless. However, that also frees us up to do whatever we want since there is no universal authority telling us how to live our lives. Even in the face of an abusive police state we can still decide to resist.
The problem with Bitcoin is that if one were to maximize human potential then Bitcoin would be a really, really low bar. It's basically a premium currency for an MMO, except the MMO doesn't exist and there is no item shop and even the idea of creating such an item shop (think of NFTs) suffers from problems mentioned in the article. You can simply copy digital assets. Ownership over a digital asset doesn't protect it from being copied.
Human existence is meaningless and thus anything we do is meaningless. However, that also frees us up to do whatever we want since there is no universal authority telling us how to live our lives. Even in the face of an abusive police state we can still decide to resist.
The problem with Bitcoin is that if one were to maximize human potential then Bitcoin would be a really, really low bar. It's basically a premium currency for an MMO, except the MMO doesn't exist and there is no item shop and even the idea of creating such an item shop (think of NFTs) suffers from problems mentioned in the article. You can simply copy digital assets. Ownership over a digital asset doesn't protect it from being copied.