I tend to agree, and as blue oyster shells were exchanged as currency in the South Pacific islands (Blue Oyster Cult- more, cowbell!), the Australian guy (with a fake Japanese name) invented The Coin. My own thinking is human inventiveness in the 21st century might create electronic currencies based on technological creations and their means to extract "Valued items," for what is now inaccessible? Examples?AI driving down the costs of recycling materials.Also-Mushroom building materialsThe Science And Art Of Sustainable Mushroom-Based Building Materials (forbes.com)Rare Earth Elements from dirty old coalRare Earths From Coal Ash Using A Coca-Cola Ingredient? Sandia Says Maybe (forbes.com)Lunar MiningThe Lunar Gold Rush: How Moon Mining Could Work (nasa.gov)If somehow, the demand for petroleum persists for decades more, the US has shale oil if we can figure out a magical way or extracting it?Oil reserves in the United States - Wikipedia
There must be more examples? In any case, a currency based on expected extractable resources, especially renewable resources may work just fine! Back in the 70's A.C. Clarke used "solar's" for currency. S. -----Original Message----- From: Lawrence Crowell <goldenfieldquaterni...@gmail.com> To: Everything List <everything-list@googlegroups.com> Sent: Tue, Jul 12, 2022 11:26 am Subject: The collapse of bitcoin Currencies are in some ways just asartificial as cryptocurrencies. In fact, most everything humans chase after isspun up as whole cloth, from countries, to gods, to money to belief in comradesin arms and so forth. Most everything humanity does is ultimately fake. Moneyis stuff we just "make up." Even the value of gold is something we"make up." We might be better off if we stopped making this crap up. However, with currencies at least in arepresentative system the average person has some impact. The crypto-currencytrend has been the culmination of Milton Friedman's strange dream ofprivatizing almost everything. In that setting the average person only has asmuch power in the system as what they hold. An Elon Musk or Bezos etc hasvastly more and so they not only have more power, they have more power to getmore. A world of complete private forms of currencies is one that will lead toa sort of monetary feudalism. There will at some point be a few people,financial institutions and banks that own it all. They would come to be theoverlords of the world. The collapse of the cryptocurrenciesand bitcoin is something of some relief to me. The next dark age may beforestalled a few years at least. LC-- You received this message because you are subscribed to the Google Groups "Everything List" group. To unsubscribe from this group and stop receiving emails from it, send an email to everything-list+unsubscr...@googlegroups.com. To view this discussion on the web visit https://groups.google.com/d/msgid/everything-list/2df15bdf-0573-4664-8582-f7b276a401bbn%40googlegroups.com. -- You received this message because you are subscribed to the Google Groups "Everything List" group. To unsubscribe from this group and stop receiving emails from it, send an email to everything-list+unsubscr...@googlegroups.com. To view this discussion on the web visit https://groups.google.com/d/msgid/everything-list/696805974.318061.1657651875089%40mail.yahoo.com.
