I prefer silver to gold due to the physical size of it making it much more practical to trade with. of course, if we're at the point where we're trading silver, there's no guarantee of markets being at all stable. Still, historical precedent has silver between 5 and 50 dollars an ounce at the extremes, so it seems reasonable that a one ounce coin would be a useful unit of value in day to day life. Gold is similar per gram, which is too small a coin to be useful due to ease of damage or loss. One ounce coins may be useful for the very wealthy however.
Yes, That's the point I was making. Both situations make for a poor daily use currency that might be subject to wear and tear or the target of counterfeiters.
Silver and gold are safe bets, 1oz silver bullion coins are easy to get into and cheapish to buy even in bulk. But even copper and lead have scrap value and they're much easier to aquire yourself on the cheap.
And they could have paper certificates that display the digital currency's value, that can get passed around, just in case of power outages. We are going green energy, after all.
Bartering is difficult due to the double coincidence of wants. Both parties must possess something the other desires at the same time. Money solves this problem due to its near infinite alternative uses. Don't expect bartertown to arise, expect alternative forms of money in much the same way prisons use ramen or cigarettes.
Bitcoin is a bit of a trap due to the completely public ledger if you're wanting to use it in completely illegal activity. If you want to engage in counter-economics I'd recommend looking into Monero.
Is it really a problem that should be solved? I don't really need to be able to buy stuff on amazon or be able to buy houses in multiple states. By not solving the problem, it prevents various other problems. I think convenience always has a price, and that price needs to be understood before committing all neighbors and future generations to paying it.
At the root, I think it's kind of a matter of people being rightfully afraid that when they want something from someone else, that they'll be unable to give that person something that they want in order to secure the transaction. This is a solution to me, not a problem. If you have nothing that anyone wants, and can do no action that anyone cares about, you don't really deserve the items and actions of other people. So I think I'm opposed to standardized currencies.
I'm not aware of any civilization that didn't have a form of currency. It would be easier to eliminate the wheel, as at least you'd be able to pay people to go around breaking wheels.
Yeah, that's basically the frustrating part, to me. I can't even check history to see an example of how it plays out.
I don't expect anyone to be willing to give up or avoid currency. It's one of those fundamental conveniences that we've invented, and I can't concisely describe the cost of it.
True, but it's going to become increasingly niche and difficult, making it easier to isolate and find those individuals. They won't actually get rid of paper money for a long time, and by the time they do people will be conditioned to use apps to xfer money for trades, which is always a more immediate convenience than bartering.
They can - and once this is in, the money itself can simply refuse to be spent on anything "unwise", like currency transfers or particular types of investments...
Just for little people, of course. We wouldn't want them to lose all of their money. People like WEF donors, well, they're true operators, real competent types who can do what they want.
Boy that was quick.
No criticism of the Lord and saviour of the UK otherwise the government will freeze your internet money.
Time to vault some more precious metals, even at scrap value a oz of silver is some food, until they try making ownership/sale of bullion illegal.
Whatever you want to make bullets out of.
The good thing about bullets is that there are multiple ways to trade them.
I prefer silver to gold due to the physical size of it making it much more practical to trade with. of course, if we're at the point where we're trading silver, there's no guarantee of markets being at all stable. Still, historical precedent has silver between 5 and 50 dollars an ounce at the extremes, so it seems reasonable that a one ounce coin would be a useful unit of value in day to day life. Gold is similar per gram, which is too small a coin to be useful due to ease of damage or loss. One ounce coins may be useful for the very wealthy however.
You can take a ounce if gold and flatten it into a sheet literally atoms thick and adhere it to a wood disk
An ounce of gold is a fine size for a coin. The problem is it's worth more than a grand.
Gold foil is easily damaged, and plated disks can lead to disputes about how much of the coin is gold.
I still stand by silver.
An ounce of gold can become 50 square feet of foil. A gold plated coin doesn't have to be an ounce
Yes, That's the point I was making. Both situations make for a poor daily use currency that might be subject to wear and tear or the target of counterfeiters.
Gold is for banks, silver is for trade
Silver and gold are safe bets, 1oz silver bullion coins are easy to get into and cheapish to buy even in bulk. But even copper and lead have scrap value and they're much easier to aquire yourself on the cheap.
I stand by my assertion that this should be violently resisted with the extreme and savage force of a cornered wolf in a den full of pups.
it needs to be biblical. the kind of story they'll talk about 2000 years from now about not getting ahead of yourself.
Something to make Vlad Tepes look like a timid schoolgirl by comparison.
It already is biblical. Rev 13:17.
But they really need to read Rev 2:9 and Rev 3:9
That's a very not-Anglo-Saxon name.
And they could have paper certificates that display the digital currency's value, that can get passed around, just in case of power outages. We are going green energy, after all.
Even though he's the globalists installed lacky, bets on how long he'll last? The UK is going through leaders like Hunter goes through needles.
He's the approved candidate by the Jews. I'd say he lasts a while.
Of course the WEF's golden boy midget Sunak got a coronation.
This bastard will be the worst Prime Minister yet worse than Liz Truss.
CBDCs must be fully opposed.
Rat Sunak hopefully will be crushed like a bug by the patriotic British people if he gets rid of cash for digital currency.
Bartering is difficult due to the double coincidence of wants. Both parties must possess something the other desires at the same time. Money solves this problem due to its near infinite alternative uses. Don't expect bartertown to arise, expect alternative forms of money in much the same way prisons use ramen or cigarettes.
Bitcoin.
It's going be bitcoin.
Bitcoin is a bit of a trap due to the completely public ledger if you're wanting to use it in completely illegal activity. If you want to engage in counter-economics I'd recommend looking into Monero.
Is it really a problem that should be solved? I don't really need to be able to buy stuff on amazon or be able to buy houses in multiple states. By not solving the problem, it prevents various other problems. I think convenience always has a price, and that price needs to be understood before committing all neighbors and future generations to paying it.
At the root, I think it's kind of a matter of people being rightfully afraid that when they want something from someone else, that they'll be unable to give that person something that they want in order to secure the transaction. This is a solution to me, not a problem. If you have nothing that anyone wants, and can do no action that anyone cares about, you don't really deserve the items and actions of other people. So I think I'm opposed to standardized currencies.
I'm not aware of any civilization that didn't have a form of currency. It would be easier to eliminate the wheel, as at least you'd be able to pay people to go around breaking wheels.
Yeah, that's basically the frustrating part, to me. I can't even check history to see an example of how it plays out.
I don't expect anyone to be willing to give up or avoid currency. It's one of those fundamental conveniences that we've invented, and I can't concisely describe the cost of it.
True, but it's going to become increasingly niche and difficult, making it easier to isolate and find those individuals. They won't actually get rid of paper money for a long time, and by the time they do people will be conditioned to use apps to xfer money for trades, which is always a more immediate convenience than bartering.
All this will cause is a money run.
They can always print more money.
They can - and once this is in, the money itself can simply refuse to be spent on anything "unwise", like currency transfers or particular types of investments...
Just for little people, of course. We wouldn't want them to lose all of their money. People like WEF donors, well, they're true operators, real competent types who can do what they want.