Cryptos are a fucking scam to sucker people out of their money who think it'll replace fiat. It has no intrinsic value
Only sound money (silver and gold) can save us from eternal debt slavery because they are real stores of value
Get off Voat and start educating people about central banking. Go tell all your friends and family. Start a grassroots campaign to lobby congress to abolish the Fed and return to the Constitution
This is something liberals and conservatives can really rally around. Nobody likes being stolen from. Tell them why they should lobby hard for this. Hell, run for office if you think you can pull it off. Even if you don't get elected, campaigning is a great way to raise awareness. Worked great for Ron Paul. He woke up millions of people to the threat of the Fed
Focus on this one thing. Fuck everything else. We can come back and fight all the other shit later. If we don't end the Fed, there won't be any point in resisting the creep of multiculturalism, feminism, surveillance, endless war, degeneracy, etc.
These are distractions created by Jews to keep us from focusing on their source of power - fiat money
Kill fiat and everything else goes away with it
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[–] avgwhtguy1 0 points 1 point 1 point (+1|-0) ago
Gold and silver are not the best currecy backers, they're a dogma of the past. Mainly, the amount of gold in circulation has little to do with the amount of economic activity, so having enough currency becomes a problem, and likewise hoarding.
Currency should be created at the same rate as the economy grows. It shouldn't be valueless, but it shouldn't be more rare than well directed hard work.
[–] EyeOfHorus 0 points 1 point 1 point (+1|-0) ago
You just explained why gold and silver are the best money. The amount of work required to mine and mint one ounce of gold serves as the baseline to define one unit of wealth. It is the foundation upon which all other values, labor or material, can be compared.
[–] avgwhtguy1 0 points 1 point 1 point (+1|-0) ago (edited ago)
If that were the case a world in which everyone mined gold would have more economic value than a world with doctors, scientist, engineers, farmers, tractors, televisions, etc.
Gold is one step above salt, we should keep evolving, not regress.
[–] Cantilever [S] 1 point 1 point 2 points (+2|-1) ago
The current amount of economic activity has been over inflated by a century of fiat. We need to slow the fuck down
[–] go1dfish 1 point 0 points 1 point (+1|-1) ago
You can’t have a labor backed economy without dictating the value of labor from the top down.
Currency doesn’t need backing, it needs rigidly enforced rules and a lack of centralized control. These are achievable through backing with a limited commodity like gold.
Money is speech.
[–] avgwhtguy1 0 points 2 points 2 points (+2|-0) ago
All economies are labor backed. I think you meant labor backes currency, which I dont advocate for, I just said you cant have a rare currency or your economy will be stagnant.
How can you say currency doesn't need backing and then back it by gold?
I agree it needs rigid rules, but that's not a good enough reason to back it by gold.
There are better ideas, don't be afraid to think outside the goldbox.