Message from @Ulithian

Discord ID: 646880202684760105


2019-11-14 21:24:51 UTC  

Most of these can be worked around with a significant network of willing participants.

2019-11-14 21:25:40 UTC  

The problem is finding willing participants.

2019-11-14 21:27:37 UTC  

Most of you willing participants will be on the local level because if you try it outside of your local area, you now have the additional overhead of postage or freight. If you are doing it yourself, fuel and other wear and tear on your vehicle.

2019-11-14 21:34:53 UTC  

Not to mention you now have to pay twice for postage or freight.

2019-11-15 02:47:23 UTC  

Damn mee6, can’t give @Ulithian a level for that

2019-11-15 02:47:25 UTC  

<:530023990715088899:614732465239621643>

2019-11-21 00:37:19 UTC  

@Ulithian nothing says that the barter can't come to a pseudo currency such as trading in oil( basically could be handled the same way as trading with gold and silver except it's legitimately useful to the economy and any form of inflation requires further investment into Industries revolving around the creation of such fuels ... plus as a useful externality at least standard petrol does expire after about a year which makes it harder for lazy people to just ride on old money)


However yes I never said that Bater is perfect
just that it's preferable when compared to the other options of either giving up your anonymity or supporting a state bureaucracy

2019-11-21 00:45:16 UTC  

.

Something else I just kind of thought of is most currencies would fall under the Coincidence of wants

Like If I bring 60000000 yen to a American Store I'm not going to get very far

2019-11-21 00:45:38 UTC  

Yeah but it's enforced as legal tender nationally.

2019-11-21 00:46:23 UTC  

So that makes it kind of standardized and convertible

And we kind of lose that Advantage depending on which cryptos we're trying to set up our economy with

2019-11-21 00:47:44 UTC  

Yeah anything can be used as commodity money, some better than others.

2019-11-21 00:48:04 UTC  

Oil can count, but left by itself it would be replaced by gold.

2019-11-21 00:50:35 UTC  

Problem is that its inability to hold value over time penalises it.

2019-11-21 00:52:42 UTC  

Yeah I agree certain entities are gonna want the hording ability

That's kind of why I like the idea of oil having a expiration date

Like these people don't really add much to the economy just by hoarding money

So if it's a use-it-or-lose-it type of game they are incentivized to keep the money flowing ( be it investing that into agriculture of farm equipment or running city buses longer distances which serves more customers or just trading it for useful items that someone had to make and is now getting paid for basically you could come up with any example you want)

And if they lose it then that just opens up the market to people who are further down on the food chain to step up

2019-11-21 00:53:07 UTC  

Yeah I agreed that for this reason the powers-that-be are not going to like it and getting them to do so would basically be a Fool's errand it's just kind of a thing I think would be nice

2019-11-21 00:57:20 UTC  

I think this is keynesian logic here.

Saving is important for a healthy economy, for starting large projects and for providing capital to banking/credit unions to provide loans to people who need it.

2019-11-21 01:02:57 UTC  

Saving or better said investing is very important indeed. If someone 'hoards' money, it'll be -after some time- like the person burned the money, but by all means its out of circulation, and also its not invested anywhere which is isn't very helpful to the owner of the money.

2019-11-21 01:04:36 UTC  

@Ulithian but Kenzie ins don't want economic growth they just want more spending without thought put into what the externalities of that spending will be

2019-11-21 01:05:12 UTC  

I almost forgot to take into account their idea of spending loaned money instead of owned money

2019-11-21 01:05:49 UTC  

You can still save up for something in a year it's not like we're talking about beans or cabbage that'll go bad before the week is over

2019-11-21 01:10:58 UTC  

In either case you are forced to spend your wealth before it loses its value.

2019-11-21 01:12:01 UTC  

imagine using centralized currency

2019-11-21 01:13:07 UTC  

Imagine not using gold and crypto

2019-11-21 01:13:14 UTC  

unbased af

2019-11-21 01:14:08 UTC  

imagine not investing in Molybdenum or massive bricks of neodymium

2019-11-21 01:14:31 UTC  

platinum may drop heavily in value because reasons

2019-11-21 01:15:21 UTC  

also two bricks of neodymium is a based way to castrate pedophiles

2019-11-21 01:15:52 UTC  

@Ulithian don't really have anything to say about that like another part of healthy economies is upward opportunities

Old businesses should die via some means in order for new ones to take their place

2019-11-21 01:15:52 UTC  

GG @SHEPARD D☭G, you just advanced to level 11!

2019-11-21 01:16:31 UTC  

I can't argue the pedo thing

2019-11-21 01:17:15 UTC  

neodymium is like

2019-11-21 01:17:19 UTC  

so fucking magnetic

2019-11-21 01:17:24 UTC  

it's based

2019-11-21 01:17:50 UTC  

2 bricks of that shit and it would be instantaneous pp go bye bye

2019-11-21 01:19:39 UTC  

Idea


What if you put them in a jigsaw situation?

Like if they don't diy they die

So they have to live with the feeling of how it was their own doing

2019-11-21 01:20:19 UTC  

Imagine not Investing in Helium because the world will literally run in about 30 years and nobody knows because the Industries that use Helium lobbies Gov't to artifically keep the price down.

2019-11-21 01:20:56 UTC  

just go to inside a star and harvest

2019-11-21 01:21:00 UTC  

like so easy smh

2019-11-21 01:21:04 UTC  

just go to the core

2019-11-21 01:21:05 UTC  

and

2019-11-21 01:21:06 UTC  

yeah