Cutting out the bankers? How? Who is going to handle and control those digital crypto dollars? You? Me? No thanks.
Besides, what happens if the grid goes down? You assume that things will always remain as they are. Doesn't happen. Physical gold and silver is still the best. Paper is doable if done right. Crypto is bullshit. Crypto is nothing more than some ones and zeros on a computer. If I find an old coin made from silver or gold from ancient times, I STILL have money. Not true of crypto. You WOULDN'T find it buried or laying around because it doesn't exist outside of a computer.
Heh, you want to trade one compromised system for another. It will all end up in the same hands. Who do you think is pushing the whole crypto thing in the first place? The ones who have robbed us in the past? Who caused the problems to begin with? Who is, "giving," us the, "solution?" One in the same? Trading up? People catching on the the old system? Pushing, "new improved," system that's basically the same but with a few cosmetic changes?
No thanks.
Fiat money
Fiat money is a currency (a medium of exchange) established as money, often by government regulation. Fiat money does not have intrinsic value and does not have use value. It has value only because a government maintains its value, or because parties engaging in exchange agree on its value.[1] It was introduced as an alternative to commodity money (a medium which has its own intrinsic value) and representative money (money which represents something with intrinsic value). Representative money is similar to fiat money, but it represents a claim on a commodity (which can be redeemed to a greater or lesser extent).[2][3][a]
Government-issued fiat money banknotes were used first during the 11th century in China.[4] Fiat money started to predominate during the 20th century. Since President Nixon's decision to decouple the US dollar from gold in 1971, a system of national fiat currencies has been used globally.
Fiat money can be:
Any money declared by a government to be legal tender.[5]
State-issued money which is neither convertible through a central bank to anything else nor fixed in value in terms of any objective standard.[6]
Money used because of government decree.[2]
An otherwise non-valuable object that serves as a medium of exchange[7] (also known as fiduciary money.)[8]
https://en.wikipedia.org/wiki/Fiat_money
Coinage Act of 1792
The Coinage Act (also known as the Mint Act; officially: An act establishing a mint, and regulating the Coins of the United States), passed by the United States Congress on April 2, 1792, created the United States dollar as the country's standard unit of money, established the United States Mint, and regulated the coinage of the United States.[1] This act established the silver dollar as the unit of money in the United States, declared it to be lawful tender, and created a decimal system for U.S. currency.[2]
By the Act, the Mint was to be situated at the seat of government of the United States. The five original officers of the U.S. Mint were a Director, an Assayer, a Chief Coiner, an Engraver, and a Treasurer (not the same as the Secretary of the Treasury). The Act allowed that one person could perform the functions of Chief Coiner and Engraver. The Assayer, Chief Coiner and Treasurer were required to post a $10,000 bond with the Secretary of the Treasury.
The Act pegged the newly created United States dollar to the value of the widely used Spanish silver dollar, saying it was to have "the value of a Spanish milled dollar as the same is now current".[3]
https://en.wikipedia.org/wiki/Coinage_Act_of_1792
The founding fathers had a strong distaste for paper money, see Continental dollar. So, they came up with the coinage act of 1792. They knew what they were doing. I'm not saying paper is automatically bad, but has to be used in very specific ways to prevent shenanigans.
Also, you say no one is stopping me from doingโฆ.fill in the blank. Well, guess what? No one was stopping people in the past either, but now look where we are. Just because someone isn't doing it now, doesn't mean they won't try it later.
Frog in boiling water theory.
Really? It worked for thousands of years just fine for the most part. Of course there are always going to be potential issues with crooks and such, but your approach seems to be to put the crooks in charge of the money instead of just stealing it from normal people and being the thieves they are.
No thanks.
Also, you can put those coins and paper in an account and perform transactions just fine. So, yes, it IS workable. You seem to assume that assets held in an account can't be transferred electronically?
Three things typically make the best money.
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Limited supply
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Widely accepted
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Hard to counterfeit
Gold and silver do the job well.
Now, you CAN add other elements to it, but you have to be damn careful of what and how you do it.
My question would be, are the Roths descendants of Jacob or Esau? Learn some history. Some Edomites were forced to, "become," Jews, against their will. Esau has ALWAYS been an enemy of Jacob.
Gods promise to Abraham did not expire. Some of the rules may have changed, but the promise is still valid. Guess who the 144k are? They ain't gentiles.
Your first two can, and IS accomplished with plain old fashion money that we USED to have. Your last one is nothing but vague fluff. It ASSUMES physical comes up short AND, that where it comes up short, is a major problem. You seem to be trying to either come up with, "problems," where none really exist, or, you are buying the bullshit being fed to you by others. Believe what you want, but I ain't buying it. You are starting to sound a lot like a salesman. Sorry, I'm not buying.
Pharisees were a religious sect, not an ethnic group.
Dathan huh?
Yup, great movies.
The earth isn't perfectly round although an orbit can be. Just sayin.
True enough.
Funny you say that yet never answer the question. Is there a reason you don't answer and just poo-poo it?
I guess the bounce would depend on its velocity and trajectory.