The way we handle money today is based on an old system of printing paper, which allows governments to create unlimited amounts and causes prices to rise constantly. If we had instead updated an older system called "tally sticks"—which were unique notched pieces of wood that could not be faked or copied—our digital money today would be fundamentally different. In that world, creating new money would be as impossible as printing wood; every dollar would have to match a real record, making it technically impossible for anyone to devalue your savings by "printing" more. This would result in a financial system where money holds its value over time because it is based on strict, unchangeable records rather than government promises, effectively solving the problem of rising costs without needing complex economic fixes.
Fiat is fake arguing how to improve a system whose owners use to control and enrich themselves does nothing on its ownThis will change when US looses world reserve currency and it will become even faker based on boomer home equity and datacenter rentenmark backed by zogbots who wont hesitate to murder amerimutts
Bump
>>538016026using wooden sticks is obviously retarded, you know thatfixing the money supply is an excellent goal and should have been done a century agodoing it now would cause the entire global economy to go apocalyptic supernova and we'd be living in furiosa for an unkown time
>>538016026capitalism is bad but worse than it is debt capitalism which is what the world is built on. As long as debt titles can be used "as money", society will stay immoral as a reflection of its core mechanism