RE: ADSactly on ADSACTLY - part #24
money exists like religion, solely on faith. Without people, money is just paper, the value is demand. The power has control over quantity, the rate of fiery funds. If before money was tied to gold, then after this has changed, now the government can run a printing press and at any time print more money, and this is not normal, when a surplus money supply is created ...
Crypto currency is really a step forward, progress does not stand still and behind this technology (blocking) the future. Already today we see how this affects the markets and how it affects people.
We must strive to develop this direction and teach people to use this ... the more people will know about this, the sooner we will step forward and get rid of fiat money (and this is now only a matter of time)
True. There was an island where they used these large stones as currency. Some of them even sank under the water in time, but the people on the island agreed that these large stones represented currency. Everybody knew this was "Joe's" or "Jane's" stone because there weren't that many people. It was like a primitive, non-electronic blockchain. Honestly, it's not so weird because our own currency is just really valuable because of our faith in it.