/biz/ - Business & Finance

>>29886846
i dont think any pm type of exchange is going to happen in that sense. just not enough PM around to back a global economy, which is what it is ATM. this entrenchedness combined w scarcity of these resources means currency cant be meaningfully backed by it on any large scale. when gold was money it was money of kangs, not everyone. when copper circulated, there was no use for it like there is now in electronics.

barter is good, anything that allows one to become wealthier is good. i think hempcoin would work, best to keep PM out of the business of currency backing, thus no pretext for seizure.

remember, whatever the currency is backed by gets overvalued. you want hemp to be overvalued, bc its good, especially for soil rehabilitation.

stack copper tho, PM's have health benefits, so, I will always be pro stacking.