[P2P-F] "Currency Wars" ?

Fri Nov 11 23:40:06 CET 2011

Thanks Mark.

Yes, Aesthetically I can find attractiveness in such item, independently
from owning it.

Without wanting to discredit such potential,

I also realize that it may not be exaggerated to say that sadly a lot of
the bright golden color may likely be tainted by blood ( judging by history
).

Unfortunately, it is so too with any tool of power, including current fiat
currency.

Hence, if I could choose some "ideal", without taking into consideration
many other aspects, I guess I'd prefer remaining within gift economics,
and better still, some forms of gift economics that do not stay attached to
material value, with the awareness of supporting a holistic process,
supporting commons.

I am not specifically primitivist, and like to use technological solutions,
yet I also feel attracted by certain cultures, including certain nomadic
cultures,
and remember an excerpt from a movie called

"The Gods Must be Crazy" (
http://en.wikipedia.org/wiki/The_Gods_Must_Be_Crazy ) :

http://www.youtube.com/watch?v=gCQIGiXf0JA
"here is a thing that could not be shared..."

///

Anyway, back to (alternative?) currencies,
there is a proposal of a commodity backed basket currency, called "Terra"
http://p2pfoundation.net/Terra

I can imagine a world where each of such approaches can have its usage,
while also hoping people will reduce their usage of the ones that
concentrate power into the hands of a minority.

On Fri, Nov 11, 2011 at 10:03 PM, Mark Janssen <dreamingforward at gmail.com>wrote:

> On Fri, Nov 11, 2011 at 4:48 AM, Dante-Gabryell Monson
> <dante.monson at gmail.com> wrote:
> > As for gold, I am personally ok with gold backed currencies for certain
> > complementary currencies for those who choose to use them,
> > but on a large scale, I do not wish to go back to a gold standard,
> > because there is a very limited amount of gold in the world,
> > and this makes it easier to centralize control,
> > hence easy to control a monetary system backed by gold,
> > by buying ( or taking by force ) gold reserves.
>
> Hmmm, personally I like the idea of a currency tied to the Earth -- it
> makes the system less abstract, and perhaps even self-organizing.
> Being able to reproduce currency easy doesn't necessarily make it
> better (that's one of the grives of the #occupy movement against the
> Fed).  It's limitedness is what gives it value.  As for the idea that
> its limitedness making it easier to control, I don't think in the
> history of the world that there has ever been a gold "resevoir" that
> made such a danger likely.  As far as I know, most gold is extracted
> piecemeal from thousands of sources, probably because the way it
> originates from stars and gets distributed widely.  But, to be sure,
> it does "stack the deck" in favor of those who find it, but it takes
> work -- there are few "gold tycoons".
>
> I would love to see gold coins in standardized weights used for a
> world currency, with each nation printing their unique traits on their
> own versions.  How awesome would that be --  to be handed a gold coin
> from Namibia when you get your change from the laundromat and have it
> be perfectly legal tender?
>
> marcos
>
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