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Imagine you and I cannot afford each others services because all of the money is owned by those greedy 1%. So like slaves, we sweat away for them. Day in. Day
by TekMol 9y ago
Imagine you and I cannot afford each others services because all of the money is owned by those greedy 1%.
So like slaves, we sweat away for them. Day in. Day out.
But if we agree on a new currency where you and I own 100000 coins each, we can happily start working for each other.
- michaelmrose 9y agoWe can already vote in people who agree to redistribute the currency we already have. This doesn't appear any more revolutionary or likely. Why would any of the people who own real resources like deeds, stocks, stores, things agree to give them to you?
- TekMol 9y agoSay you are a designer and I am a coder. As soon as we have a common currency, we can start working for each other. No voting or stores needed.
- michaelmrose 9y agoYou will still be expected to pay taxes in the official coin of the realm and will probably want to keep it in something slightly less volatile than current cryptocurrency.