Making Currency Current (Reducing the oxymoroness of currency [from “current”]): Do not throw the baby out with the bathwater Libra is first and foremost a thrust towards making currency as current as it is for birds, bees abd trees. Towards having currency virtue signal currentness. Q: How many hours per day must a bird work to have a decent life? A: 1-3 hours Q: Why do so many humans have tough lives working 10 hour shifts? A: Because human currency is not anywhere as current, as currency is for birds. Q: Has currency always been uncurrent for humans? A: No. For example it was not, in the villages that came together to 1) create what are called Hindu numerals 2) that created the first version of blockchain, bigpage (Tamil: பேரேடு) that preceded the building of the first dam in the world in 300 AD — Kallanai on the Kaveri River, Tamilnadu,India. Still functional. Q: What do we have to do to make currency current again? A: Go back to first principles. Firmly grasp and make happen the first and last principle of currency — that it is the trustfulness of individuals in a community, solidified. Paper money sinks to zero if it loses the trust of villagers if it becomes uncurrent.The shift of sovereignity from villages to an unaccountable central institution has waylaid the currentness. For more, kindly google #current_currency and #uncurrent_currency.
09 Jul 2019 02:55 Read comment
Mike SmithOwner at Orthanc Insight
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