>>13613548 pb
see
>>13613479 pb
and thus my point of a crypto currency backed by gold/silver and cutting out the bankers.
CDC is like the CIA; needs to be disbanded
Then pay someone to take care of your crypto dollars, like a bank, but don't be surprised when they start screwing with the system again. For example, should they be able to lend ten times what you have given them so that you don't have to pay them to take care of your money?
>You WOULDN'T find it buried or laying around because it doesn't exist outside of a computer.
you can if it the crypto is backed by metal. the key is the audit processes to ensure the physical metal is actually in possession of the crypto creator.
Cryptos biggest issue is if quantum computing cracks the cryptology imho.
no one is stopping you from bartering or using physical gold/silver for your transactions. Seems reasonable that any new system should require that merchants accept those things as payment. But it is hard to see the larger society giving up the ease of use of a fiat system.
>Huh? crypto price is based on supply/demand of the crypto
That is the bitcoin model, but blockchain tech can be tied to anything including physical assets (and voting for that matter). Bitcoin is not the only blockchain model out there.
all very historically relevant and informative for the future, but the world continues to change, and the coinage act of 1792 is not going to meet the needs of business in the digital age. The need to be able to transfer value and break up the value of physical assets is the only reason we have money. If all you have is an extra cow and but need a hair cut, you want to be able to retain the full value of the cow and only spend the value of the hair cut. The founding fathers saw the problems of banks in their day and the problems they faced with banks for the most part are still the problems we face today, but we have added problems, one of which is the speed which transaction need to take place and another is range is in size of transactions. going back to only coins or paper is not workable these days.
>the "McDonalds" of cryptos
in a sense it has proven how fiat money can be dissociated from anything other than demand, and in the process woke up some people as to what the US dollar really is at this point.
your sentiment is indeed valid. That is why it is important to force any new system to accept physical assets as payment.
In reality, the coins were always just a fiat for some other thing and a way to store value. Unless we depopulate on a massive scale, the coin model is just not workable today as the exclusive currency model.
your bank has not had coins or bills to back your account in this lifetime. it has been a fraction for as long as any of us have been alive. the account has been the fiat for your stored value since the middle ages, and the reason the founding fathers did not trust banks who for ever have been messing with how much of the actual asset they had on hand for ever.
this one could get Trump, time will tell.
> rooting a monetary system in human labor as a base which is protected from being devalued is a fundamental start
Agreed
the question is how without some mark of the beast type system.
for all we know you have been dead for 10 years and some AI bot has been posting for you, made seeming real by alluding to your obsession with faggotry.
>optionset personality.faggotry=hi
kek