Money shouldn't exist
>>62802743L O LOL
>>62802743Money is fine if the market is free. In its current government controlled form it doesn't make sense.
>>62802743You've just made 6 million Jews angry
>>62802756>>62802743can make all of you angrybitcoin
>>62802743wow you know i never really thought about that till now. thank you. also kys
>>62802743How do we apportion goods and services and keep track of the production of material life without a universal unit of account? How do we store and accumulate wealth? How do we decide what gets produced next?
>>62802743money is an abstraction of obligations.imagine person A has something person B wants and person B has something person A wants. well, they can just swap.A <> Bnow imagine person A has something person B wants and person B has something person C wants. that forms a chain of wants which can't be satisfied unless person C can figure out something he has which person A wants.A -> B -> CC <- A?what C can do is issue A an IOU for "I'll give you something, sometime, that you value". as soon as the IOU comes into being there's a concept of money, which makes everyone better off.money solves this exact coordination problem and lets unimaginably vast chains of wants get satisfied without everyone having to figure out which specific other person to barter with. what we replaced the infinite chains of wants with was common knowledge that money is worth something, and the knowledge that other people know this, and the knowledge they know that other people know, and so on to infinity. we replaced an infinite chain of wants with an infinite recursion of knowledge that money is worth something. money is an infinite amount of common knowledge all wrapped up in a material object. kinda neat.
>>62802756Yes, the people that invented communism are definitely angry at OP's take.
>>62802743>i will trade you my oranges for your apples>ok but I don't want orangesThe barter system is shit.
>>62802743Sex should be illegal
>>62802957Okay you’ve defeated OP, but at least hat cost?
>>62802743money doesn't exist the way people perceive it today.
>>62802957correct. the transactional mindset needs to transcended
