One important fundamental difference in value between a diamond ring and an armful of kindling is man-hours, one takes a lot more to make than the other. But it’s conceivable, one day, with sufficient advances in hardware and software, that man-hours will be rendered moot. Which would mean money as we know would cease to matter and that sounds great to those of who don’t have much. But there could necessarily be a phase along the way that might not be so appealing: [Read more…]