On Sun, Nov 18, 2018 at 04:44:46PM -0300, Juan wrote: > True. You can put billions of dollars in some kind of handheld > device, or in a piece of paper. On the other hand, that's > convenient for people who have billions of dollars, and that's > not 'us' I believe. But if wealth was evenly distributed, > something which should happen in the absence of govcorp, then > relatively small amounts of precious metals should store a fair > amount of value.
Gold and silver coin "only" as money is in the Aussie constitution, and I believe also in the USA constitution and sure if money is not gamed by a few (((international bankers))) then the shiny stuff will have a much greater value, since it would be monetary gold again, not merely another mining commodity: Gold Re-Monetization Is Much Closer Than Many Realize https://www.zerohedge.com/news/2018-11-14/gold-re-monetization-much-closer-many-realize The Quiet Revolution: Gold's Monetary Rehabilitation Is Building https://www.zerohedge.com/news/2018-06-02/quiet-revolution-golds-monetary-rehabilitation-building However, pareto distribution (the Matthew Principle) guarantees that if today we evenly distribute all wealth to all humans, and even disable artificial monopolies created by the unlawful power of imprisonment (government), then within a relatively short time that money will end up pareto distributed in a big fat pyramid again... although without (((international bankers))) just printing "money" like crazy, "wealth inequality" should be much more natural/ not artificially boosted - in other words the pyramid should be much less steep than it is now. > > > on the other hand yes, as far as transmitting value goes, digital > > > systems > > > have clear advantages. Though of course the infrastructure costs are huge > > > > Bullshit. Add it *ALL* up, *everything* involved in Fiat... > > > But I wasnt talking about fiat =P - I was comparing cryptomoney to free > market commodity money. It would be great to have plain non-ponzi money again. The real question is how to handle the natural human tribal tendency to collectivize for perceived advantages brought by the power of the group - and in the case of money where the "leaders" of whatever group is eventually formed ("demoncratic" or "socialist" or "communist" government) get compromised with blackmail and strive to re-introduce fiats with their... > ... true costs of using govt money are huge and measured in millions of > dead people. > > Now the people must awake to corp control > > schemes like Facebook too. > > oh but hasnt fukerberg 'deployed' 'strong crypto' too? You know, > signal, funded by the US govt. Jewbook accessible via Tor - it -must- be secure :) > > OMG Fiat "volatile" they cry, who would ever use that. > > Except as I mentioned the prices of all goods and service measrued in > govt money are hardly volatile when compared to crypto. Is there a graph someone can point to to demonstrate this to some degree?
