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I would love to start a conversation about the current problems with our existing currency, DOLLARS, and a more stable valued conversion to a more stable method..
I believe we were more secure when the value of our currency was stabilized by a valued commodity, GOLD and Silver, for instance.. Removing a transferable, or valued commodity placed a floor on it’s value, at least as the value of the commodity was unambiguous by supply and demand..
Gold was not the best choice because it hasn’t a value other than that of a short supply, we think or have been lead to believe.. But other than scarcity, GOLD is only a pretty thing, and has not many applications to maintain it’s value but perception..
SILVER, on the other hand has massive applications, in manufacturing as an example.. Other commodities such as food, energy, real-estate, medicine, has real value, and could be a stabilizing effect by demand.. Hell, it could be Diamonds, which have a natural scarcity, if not for the DeBeer’s monopoly..
Not that I believe they can/would be considered a replacement, but why not something as useful, that can be a real valued and a convertible substitution in exchange of the paper in emergency..
Digital, has nothing valued other than perception, and artificial value controlled by shadows, behind closed doors that may not even exist.. jus sayin..
Nothing to see here/s
Move along!
It;s not happening, It’s not happening!
A Wall Street Analyst Has Identified The Winners And Losers In The Rise Of Bitcoin!
Read more: http://www.businessinsider.com/winners-and-losers-in-bitcoin-2014-1#ixzz2pqKHjOIi