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RE: Gold and Silver for Investment, or for Insurance? (Don't Forget Bitcoin)

in #money7 years ago

Excellent article! Thank you.

My 3 cents. I think all financial investments are a poor form of security. I feel like we would be much better off investing our time and financial capital equitably in building all 10 forms of capital! If there were to be an economic crisis, gold, silver and money would all be next to worthless. If food distribution channels and energy plants were to be disrupted. People would starve, freeze and it would be disastrous. No amount of money can buy you food if there is no food to be bought. That is all to say about the security of mediums of exchange vs the security of other forms of capital.

Having a food forest in your own backyard provides way more security than gold or bit-coin (though I also have a fair amount of both :) )

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Correct, but why would there be no food market with millions of farmers?
The question is, if you can pay the farmer with something he is willing to accept.
I always hear you can't eat gold and silver. True, but the same applies to paper money ;-)

The fragility isn't necessarily in the availability of food. It's the vast transportation network that runs it (all depended on oil). If everyone was getting food from a local farmer, then there would be zero cause for concern. I'm not saying mediums of exchange are worthless, I'm merely pointing out how fragile our current system is for meeting needs as vital as food!

Suggesting we design systems that are not dependent on mediums of exchange (and vast fragile networks) for meeting our basic needs. And delegating these mediums for helping us meet our wants and nothing more.

All the while decoupling mediums of exchanges with stores of value...

Simple things ;)

Absolutely. Having land to survive with seeds and people to cooperatively maximize survival optimization, is always better. Food forests take years to develop, but it's well worth the time to invest in future generations. My ideal future is food forests everywhere. If there are people living in an area, there is a food forest covering all free space. I just need to find people of like mind and morality to get that going, or earn all the money to do it myself hehe. Thanks for the feedback.

Absolutely!!! Your vision sounds a whole lot like mine. I'm actually gathering people of like mind under a system to do just that (and more). In the future we'll see some ISO's (initial seed offerings) for collaborative food forest efforts, and 'seed funding', to promote rare plant production ;) I just released a proposal for creating a new society, you may be interested in. I'm looking to build on our initial team and to get this project going. If you're interested, check it out. We may have a very similar future.

Our NeighbourGood

In your ideal future, what happens to people living in cities?


Steemy McSteamFace - A Steam inspired dark-coloured skin for Steemit

You still have cities if you want, but I would say more space for self-sustaining food supply. We can grow food not lawns, redo streets, more public transportation routes to access more area instead of heavier travel above ground. For any changes, people's mindsets have to think differently and see a better future possible.

Cities are amazing! They are actually far more sustainable than suburban or urban contexts! I was involved(created) in a design in Christchurch NZ to redo a spot of land in a city, it was to have a higher density than the surrounding city elements with no waste and utilities and food produced on the same plot. It's amazing how inefficient we are with space. Look up tiny homes to see how people are able to better maximize space and utility with proper design.

Once we relied on physical energy than we discovered oil and we now rely on fossil energy. Next evolution is mental energy with the information age and proper design. :)

Cities are the future! Greener, better designed cities that is :)

Yes, better made cities. But it's still nice to be spread out, rather than crammed. A tiny house with some land is better than tiny apartment in city :P

Oh I agree, my personal preference is leaning towards what I have and am going towards. A homestead, in a collaborative village environment. However, a functional system would apply to all contexts, cities and rural alike!

There's a lot of potential crammed in cities!

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