I'm really struggling over where to put this.
It's kind of ranty I suppose, but not overly so, and kind of questiony and a bit pondery.
I'm sure this has probably been discussed before, maybe loads of times...maybe not, who knows. I keep hearing and reading about this bitcoin thing
which I know little about. I might read into it but it's not important, it made me think of something, something I've thought about before on the odd
I dunno much about money, really. Was just a thing that was always there, weird though when you think about it. We're all passing these bits of paper
and metal/tin/nickel or whatever around, this money stuff gets around more than we do, sees more of the world than us.. I've heard or read that a
'fiat'...is it fiat? Like a fiat punto? That a 'fiat' currency is not backed by anything of actual value...like that gold stuff, can't remember what
it's called but it's gold in colour and a metal I think.
Anyways...since the money what we use now isn't really
worth anything of value...then why can't people just say..."Eff you, government and
banker types, we're gonna make our own fiat currency and trade using that instead!".
Is that even possible? Is that what bitcoin is? Has anyone actually tried and succeeded in this? I just find it interesting...I'd guess the government
would probably act on behalf of their banker buddies and probably have some laws in place that makes this a crime? Do you think that it would
eventually become corrupt and that the cycle will continue? Some say power always corrupts, and controlling the money is power...and it's one of those
sayings that people rarely dispute. But to me that's like having no faith in people, end of story. I don't believe absolutely everyone will be
corrupted by power..
I dunno but it's interesting nonetheless. You reckon that'd be possible, would it work? Can they actually force us to trade using a specific currency?
If I wanna swap two of my apples for a few bananas why should they be able to stop me? Why should anyone? Probably the reason it wouldn't work is
because we depend too much on the stuff they big corps produce...they wouldn't buy into this crap...we're only accepting proper pounds/dollars/euros,
etc. And people would be like..."You won't accept these twigs in exchange for an I-phone 12? Oh god! What have we done?!"
I mean, if we're already happy to trade in paper that's actually worthless...why do we need to use their worthless paper? I understand that there'd
need to be some control over the flow and distribution of any trading currency....if we were all filthy rich there'd be nobody to buy a cheeseburger
from...because, let's face it - you ain't gonna flip burgers for a living when you live on a yacht, are you?
But it's still quite a cool notion, so it'd be nice to get opinions.
Don't get me wrong, I'm not going to go out and try to implement my own currency, it'd be a lot of effort and I'd certainly fail, probably get jailed
or assassinated or something. But if enough people agreed to trade using something else that's worthless and it caught on, more people might be happy
to join in.
Because people are like that...it'd be all trendy and they'd all want to be part of it. Plus, when it really catches on traders will insist..."We
don't take your stinking pounds here! And don't come back, unless you have one piece of coal and a small chunk of granite because that's what this
Maybe people are just too divided and too conquered. Even now with the internet, we can all communicate but still the only thing really happening...or
that was seemingly happening at one point was the anonymous thing - I know "they" are still active but it's kinda fizzled out a bit.
Maybe that's what bitcoin is, little electronic bits of coal and granite, I dunno. But in today's world I think something computer based would be
do=-able. i mean a totally independent system that's controlled by the people, an organised group of people, I don't know how that would work but I
don't see why not. It's pretty much what we've got only preferably the people would own and govern it as we well should. I never asked to be part of
any system or chose to be, it was just there. You just sort of have to play the game, it is how it is...you're imprisoned by it by default when
you're born...it's pretty weird.
Has this been discussed before? If so please do link in a reply I'd like to learn more, you'd have to cover an awful lot of ground to learn the ins
and outs of it all, the laws, all that junk.
That's what's great about ATS, you can compile a load of knowledgeable replies on pretty much any subject quickly just by asking a few little
questions, Be nice, as I say this ain't really my thing but I've thought about it from time to time and am curious - people did it in the past, traded
in sticks and stuff.
If you think this would be a good idea what do you think we should trade in? My vote is for mushrooms as they tend to grow in abundance 'round where I
edit on 24-1-2015 by samerulesapply because: Correction