GatewayRedbirds.com

heyzeus wrote:

ghostrunner wrote:I know you're just ranting zeus, and it seems (and is) ridiculous in many ways, but I also kind of enjoy the hostility it generates just by existing. I also like that it creates some discussion about what currency is. I think we could benefit from a similar examination of the currency we're used to. When I started looking into Modern Monetary Theory after the discussion here a few years ago, it was eye-opening to consider the origins of our money and the idea of currency in general.

The currency we have is impressively malleable. In short time, ie the last 15 years, we've gone from a paper and coin currency to its full scale electronic conversion. First with debit cards, now with electronic payment systems like paypal that allow money to be exchanged from your phone or other device, instantly. I wouldn't say I'm hostile to the idea of different currencies; I'm skeptical of the NEED for an unregulated currency like bitcoin when payment systems using the dollar are inherently flexible.

But then, I don't buy and sell drugs or child porn online, so I'm not too concerned about my purchases potentially being tracked.