What is money?

in money •  7 years ago 

A lot of discussion on what is real money? First of all, money can in my point of view be anything throughout the time that the populace in a region might agree upon as a medium of exchange.

Humans are different and I have come to the conclusion that Money should be what a society chooses it to be from individuals demand of type of medium of exchange. It is a demand thing. Some people want time as currency. Some want no money at all.

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I believe with Voluntaryism people can have multiple currencies and money system. It might not be as easy to use as a Fiat system, but I believe a free market system will create systems to make it easy to use these type of systems.

time banking.jpg

I personally like Gold and Silver just for the historical approval of its validity of being money and preserving built up wealth. I also like Bitcoin as it helps you easily transfer economic value anywhere. The Blockchain system will be the future of money, fiat centrally planned or decentralized free market electronic currency.

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If people want other monetary systems than what I want, they might want to not enforce their currency upon anyone else but those that agree with their values. It is an easy way of stopping the constant discussion of what system and what type of currency or money one society one should use.

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The future of the economic and monetary world lies within a Voluntary approach to economics. Communist or Free Market.

Let me know what your monetary system would look like?

Check out my Book to get to know more about the history of money and currencies:
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The End of Freedom: How Our Monetary System Enslaves Us
https://www.amazon.com/End-Freedom-Monetary-prepperss-surviving-ebook/dp/B016SECTSW/ref=sr_1_2?ie=UTF8&qid=1505963158&sr=8-2&keywords=John+Thore+Stub+Sneisen

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Hi ,
Thanks for the great content

Excellent article. I'm so excited about steem and cryptos and where this will lead..☺

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well brother you have picked a very interesting topic.regards money.. appreciated ... i'd like to see your posts in future

Very nice completion of post! @theeconomictruth Loved the pictures and description.

Great post.

Monetary System Enslaves Us, Blockchain will Unchained Us

Keep rocking! There is a growing gold and silver community here on Steem. Come find us.