It is quite simple really:
Money is trust
Nothing more nothing less.
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RE: People don't understand money. We really should. We really should try to explain it super simply.
Nothing more nothing less.
Nothing more nothing less.
Yes, agreed ... it is trust.
And that trust is grossly abused by those that privately control and issue as debt + interest the money we need in order to survive and thrive. We need to release ourselves from this bondage in order to find freedom.
Completely agree. That is the most concise summary!
I don't think people realize how complicated trust can be, though!
Thinking about this ... I'd like to add ...
As things stand in our society/economy money depends on trust ... but really it is energy, or at least a symbol of it. We generate it with our energy and agree to recognise and value that energy in the money-symbol.
Where the symbol is privately-owned and lent as debt+interest it is a theft of energy and an abuse of trust.
Steem is not debt - we create it directly with our energy, no middle-man, and interestingly, no trust required. Just the blockchain.
Awesome. Game-changing.
Anyway, great post which has generated an interesting conversation.