Saturday, December 18, 2004

Private currencies - the future

A poll by national T.V. Azteca, revealed that
96% of viewers approved of the monetization of
the silver ounce, when asked if they were, or
were not, in favor.

Everbody wants their gummint to do it for 'em
because they don't think it'll work without it.

So you're gonna wait til pols get off their asses
to do it?

Bwahahahah.

Your gummints have already 'monetized' the
worthless crap paper money they issued by blowing
smoke up the collective ass that it's the only
money.

Bullshit.

Start buying silver coin now, offering it in
payment for goods or services.

You people running businesses: start pricing in
silver and/or gold also, offering a choice...or
any other currency, private or gummint issued.

Just do it.

This is real democracy in action where one coin/unit
equals one vote.

You don' need no steenking bahdges.

This applies to all of you, not just Mexicans.

When your gummint issued paper hits the fan,
you'll wish you had.

Remember Argentina.

Now isn't the name of that country a coincidence
here. ("Argentum" means silver.)

Full essay.

...and more...

And the gold standard? Forget it: the objective
is to get the government out of the process. And
if you argue that government is not necessary for
a gold standard, then quit bitching and create
one privately. That’s what private currencies are
all about: if you have a better idea, then
implement it and sell it to others.

Private currencies are on their way. And smart
cards are an important part of that process.

A lot of what's required to do it.