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Thanks for the input, but I don't really understand why we can't determine somethings value or "worth". The one obstacle I came accross is tools. Let's say it takes an hour to make a shovel, one could "sell" that shovel for "1 hr" currency, BUT that same shovel, over it's useful lifetime, would "save" the "buyer" many hundreds of hours labour, as opposed to him digging by hand? So, is the shovel "worth" 200 hrs, or 1 hr? I would say 1 hr, since the "buyer" could either "trade" that one hour labour to the person who made the shovel, or he could spend that same hour making his own shovel, hence I would "value" the shovel at "1 hr" currency.
originally posted by: Krazysh0t
It is impossible to determine something's worth and value until it is actually being used to barter with. There is no way we could get out local communities to accept a new currency until they absolutely have to.
By the way, come collapse time, gold will probably be the last thing you'd want to have on you. It would be heavy, cumbersome and it does nothing to fulfill your basic needs of survival. Only after communities are reestablished with functioning trade networks, would gold be useful again.
originally posted by: BlastedCaddy
What if some diabolical person makes an hour coin that only took him 10 minutes to make. One could equate that to what our own governments do.
Ill rely on the 4 Bs of bartering during shtf event
originally posted by: JHumm
I have said before that one day the only thing that will have true value is food and water and Items necessary to survive. How can gold really be that rare and precious, valuable if you can walk into any store and buy it? I would love to see communities come together and work together to get free from the worthless money that rules the world. But as long as there are people that will do anything for money we have a long road ahead of us.