shortstories
@white_male @Tfmonkey @VeganMGTOW @BowsacNoodle
Useful & Rare = More Valuable
Rare & not useful = Not Valuable
Common & not useful = Not Valuable
Blockchain money, paper money & electronic money are not valuable
The only value in paper & electronic money is paying taxes as a token to avoid going to jail
Without taxes paper & electronic money has no use and therefore nno valuee
BowserNoodle ☦️
white_male
shortstories
@white_male @Tfmonkey @VeganMGTOW @BowsacNoodle
You pay factory workers in Asia manufacturing electronic goids in bags of rice
They can trade rice for electronic goods they want to purchase or they can eat it
white_male
BowserNoodle ☦️
BowserNoodle ☦️
BowserNoodle ☦️
shortstories
@white_male @Tfmonkey @VeganMGTOW @BowsacNoodle
I do not have a problem with gold because you can make tools to use out of gold
If you take a gold coin and change the words and numbers printed on it but it has the same mass it is worth the same amount
If you change the words and numbers printed on paper money but it has the same mass then it's value changes
Does the ink or the paper make it valuable. Is it worth more if more ink is printed on the same paper to make the number bigger?
BowserNoodle ☦️
white_male
shortstories
@white_male @Tfmonkey @VeganMGTOW @BowsacNoodle
Social Security was a social contract
white_male
shortstories
@white_male @Tfmonkey @VeganMGTOW @BowsacNoodle
If there ever was a explicitly written social contract that would be the constituition
People make up imaginary unwritten social contracts that society must follow whenever they want you to do something that violates the constituition
Clearly social contracts are fictions people use to trick people into doing what they want without having explicit rules they are accountable for to give as a reward in exchange for the obedience they request
shortstories
@BowsacNoodle @Tfmonkey @VeganMGTOW @white_male
So I hope the government prints so much money
That people conclude money has no value
Then they stop using money & stop paying taxes
BowserNoodle ☦️
BowserNoodle ☦️
shortstories
@BowsacNoodle @Tfmonkey @VeganMGTOW @white_male
Social contracts are fiat
BowserNoodle ☦️
shortstories
@BowsacNoodle @Tfmonkey @VeganMGTOW @white_male
The value enforced by the State comes from taxes
Because taxes can only be paid exclusively in money
People need money to pay taxes in order for violence not to be done with them
Hence the value of money comes from the ability to trade it with the givernment in order to not go to jail
shortstories
@BowsacNoodle @Tfmonkey @VeganMGTOW @white_male
Well I would suggest the best alternate currencies are things that would have value if no one decided to trade with you for them in the future
This would include food
Materials that people want to make tools out of
Defensive Weapons
& other Tools
If no one would have a use for something other than trading it for things then it is not a good alternative currency
That is why electronic currency is not a good alternative currency
BowserNoodle ☦️
BowserNoodle ☦️
shortstories
@BowsacNoodle @Tfmonkey @VeganMGTOW @white_male
Social contracts used to justify government policies that I do not like are fiat
BowserNoodle ☦️
Zeb 摆烂
@BowsacNoodle @shortstories @Tfmonkey @VeganMGTOW @white_male
Guys, you gotta brush out on the history of fiat money. Originally it was a simple securities contract (certificate of deposit) of a determined amount of gold/silver.
So even when using fiat money, what was being traded was gold stored in the vault that the holder could claim back at any branch of that bank.
Fiat money as we know today is not money barely a currency, it's not even paper anymore. It's just a number on a ledger.
shortstories
@Zeb @BowsacNoodle @Tfmonkey @VeganMGTOW @white_male
But they issued out more weight in gold in the total value promised in paper money than there was actual gold in the bank which was fraud
That is why I mentioned about simply changing the ink configuration on paper money to change it's trade value even though it was the same amount of paper
BowserNoodle ☦️
Zeb 摆烂
@shortstories @BowsacNoodle @Tfmonkey @VeganMGTOW @white_male
True, agree. The fraud was the problem and the bankers (specially central ones) should have been hanged on the spot.
BowserNoodle ☦️
Zeb 摆烂
@BowsacNoodle @shortstories @Tfmonkey @VeganMGTOW @white_male
I didn't get it. Why would a country with a gold-backed currency hoard a debased foreign fiat currency?
They would sell most of the foreign shit currencies since their currency is already stably anchored against gold.
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