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The problem is fraction reserves, as soon as that fraud is legalized, the entire marketplace is by definition fraudulent. If they did have reserves and fraction

The problem is fraction reserves, as soon as that fraud is legalized, the entire marketplace is by definition fraudulent. If they did have reserves and fraction reserve was suddenly legalized, you get retroactively robbed in a sense. Holding gold would appeal to me but is impossible. I won't dedicate my life, hell or high water, to one country. You can't just up and carry stuff across nation borders. It is a total nightmare. In fact, every time I enter Thailand (and who knows how many other countries) I break the law. The limit for undeclared personal affects is exceeded by a single tshirt or pair of jeans in my luggage, since, well I wear all designer. Strikes me as beyond absurd how the world works ever since the idiocy of passports, permission, and visas was introduced:( One of the worst inventions in history imo. I think Ukraine should remind us all not to trust everything to one country. All your eggs in one basket

zpeti 3y ago
> One of the worst inventions in history imo. As opposed to what? Roaming tribes of mongols, and castles where you couldnt leave if the king didn’t let you? What did you think happened if you left your tribe in hunter gatherer tribes? You got eaten by a jaguar on the next tree, or you starved. What romantic notion do you hold of the world before visas and passports?
- silverpepsi 3y ago
  Fair enough. To be specific, as opposed to immediately before passports were invented I imagine it was similar to what it was like: 1. Before police patrolled in America 2. Before driver's licenses (you can still experience this in Cambodia, low CC scooters don't require a license) 3. Before tattoo artists needed a medical license in Japan and Korea Ya know, liberty and basic rights that have now been abrogated to such a degree that the herd not only doesn't remember what they were like, but actually questions the validity of even being that "free". (Populations like China tend to think a central authority not controlling speech is absurd too.)

zpeti 3y ago

> One of the worst inventions in history imo. As opposed to what? Roaming tribes of mongols, and castles where you couldnt leave if the king didn’t let you? What did you think happened if you left your tribe in hunter gatherer tribes? You got eaten by a jaguar on the next tree, or you starved. What romantic notion do you hold of the world before visas and passports?

silverpepsi 3y ago
Fair enough. To be specific, as opposed to immediately before passports were invented I imagine it was similar to what it was like: 1. Before police patrolled in America 2. Before driver's licenses (you can still experience this in Cambodia, low CC scooters don't require a license) 3. Before tattoo artists needed a medical license in Japan and Korea Ya know, liberty and basic rights that have now been abrogated to such a degree that the herd not only doesn't remember what they were like, but actually questions the validity of even being that "free". (Populations like China tend to think a central authority not controlling speech is absurd too.)