"The essential control of positive money is that one commits to do work for it." Around here, we call that a paycheck.
On Monday, November 10, 2014 7:06:56 AM UTC-5, archytas wrote: > > I'm more with Andrew on this one Allan. We have a debate on positive > money in the UK Parliament this month. The actual aim of PM is to > establish democratic control on money printing instead of ceding it to the > banks and rich. In the MMT version we could even do away with taxes and > the use of monetary policy through unemployment and austerity. > > We have long been able to make fuel from thin air - the snag is one has to > put a lot more energy in than what comes out as petrol, ammonia and so on - > in this economic system it is cheaper to mine coal, drill oil, frack gas > because we don't account for pollution and planet burning. We let people > amass money and buy politicians with it. All this is clearly immoral but > we don't seem to care. > > PM and new tech controls could be a way round the current impasse - and it > could start with some practical projects designed to get the > proportionality of the system right and find that transparency that > prevents corruption. Just as in child sexual exploitation, a big question > is who can we tell? The current system is a dreadful mess, but we like to > pretend it isn't. If we dislike the Bitcoin of Silk Road we should also > see the banks are admitting to gross money-laundering. > > The essential control of positive money is that one commits to do work for > it. > > On Monday, November 10, 2014 10:49:55 AM UTC, Allan Heretic wrote: >> >> Bit coins are nothing but counterfeit money created with a mining >> program. Almost banksters looks mean bitcoinster. What you are talking >> about is legal counterfeiting with no controls.. >> I have an laptop. I will sell them to you for current Euro value I will >> even take Swiss francs anything but bucking..if they are so valuable it >> should be no problem for you.. >> >> Luv free money. >> >> >> >> >> -----Original Message----- >> From: andrew vecsey <[email protected]> >> To: [email protected] >> Sent: Mon, 10 Nov 2014 11:24 AM >> Subject: Re: Mind's Eye Re: Who can we tell? >> >> Niel, you would also have to convert dollars to Swiss Francs if you >> wanted to buy coffee in a Swiss coffee shop. Money, in order to be >> "honest", needs to be trusted, adopted, difficult to forge, scarce, and >> easy to carry around and divide into small amounts. Decentralized crypto >> currencies like Bitcoin seems to me to be the best and only candidate at >> the present time. >> Molly, I think it would be much safer to store your "money" in your >> secret place than in vault of greedy criminal banksters. >> >> On Monday, November 10, 2014 3:03:55 AM UTC+1, archytas wrote: >>> >>> Bitcoin per se isn't more than a basic tutor on what money might be, >>> reminding us we have little clue about banking dominance.......Meanwhile we >>> have such important developments as 'Bitcoin cafes' - where you can pay a >>> machine a fee to change dollars to Bitcoin to buy 'coffee'. >>> >> -- >> >> --- >> You received this message because you are subscribed to the Google Groups >> ""Minds Eye"" group. >> To unsubscribe from this group and stop receiving emails from it, send an >> email to [email protected]. >> For more options, visit https://groups.google.com/d/optout. >> > -- --- You received this message because you are subscribed to the Google Groups ""Minds Eye"" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. For more options, visit https://groups.google.com/d/optout.
