Better idea. We smash the current paradigm and allow people to create their own money. That way no one has to take from anyone. The top 1 percent have all that currency for a reason. The problem is the system itself and goes way beyond politics or finance.
And what happens when homelessness rises sharply, food supplies dwindle, economic unemployment goes rampant, roads and bridges fall into disrepair, monopolies gain in strength, and our military dissolves (like it did before WWI and WWII). Bad actors will rise. Tactically it sounds wonderful, for the individual, but in reality the national and global stabilization is greatly impacted.
By the way, after the revolutionary war, banks and cities did produce their own currency. It did not work out so well. People's life savings were wiped out, trade between communities was severely hampered, and the federal government couldn't fund roads between states and establish a military to defend our borders. History teaches great lessons.
Indeed, history does teach..not to side with tyranny....including financial tyranny. New ideas require patience and faith. We didn't have the blockchain after the revolution ;) so it is a brand new paradigm.
I totally agree with you there! New technologies and even more so, new expectations should drive us forward to a better future. Personally, I would like to see less big-government as technology and people become more involved. I am okay in contributing to the common defense, etc. But I also want assurances it is not wasted and that I have a voice where spending actually goes.
What about taking from all who can afford it to provide opportunities, protection, and aid for the prosperity others and the community as a whole?
Better idea. We smash the current paradigm and allow people to create their own money. That way no one has to take from anyone. The top 1 percent have all that currency for a reason. The problem is the system itself and goes way beyond politics or finance.
And what happens when homelessness rises sharply, food supplies dwindle, economic unemployment goes rampant, roads and bridges fall into disrepair, monopolies gain in strength, and our military dissolves (like it did before WWI and WWII). Bad actors will rise. Tactically it sounds wonderful, for the individual, but in reality the national and global stabilization is greatly impacted.
By the way, after the revolutionary war, banks and cities did produce their own currency. It did not work out so well. People's life savings were wiped out, trade between communities was severely hampered, and the federal government couldn't fund roads between states and establish a military to defend our borders. History teaches great lessons.
Indeed, history does teach..not to side with tyranny....including financial tyranny. New ideas require patience and faith. We didn't have the blockchain after the revolution ;) so it is a brand new paradigm.
I totally agree with you there! New technologies and even more so, new expectations should drive us forward to a better future. Personally, I would like to see less big-government as technology and people become more involved. I am okay in contributing to the common defense, etc. But I also want assurances it is not wasted and that I have a voice where spending actually goes.