The idea of forcing "Jane and Joe" into the crypto world is inherently flawed. Any system that thrives off of the non-savvy community is destined to fail. Adoption will come to the commoners after everyone else, it's the only viable way.
With that being said, fuck steem and fuck anyone who tries to make a clone.
Good luck trying to fuck me. I doubt that will work out for you. Ask the gays in the Philippines who violating my respect for them by trying to flirt with me when I was giving clear body language that I was not interested.
I agree about "force".
But I disagree if that is providing what people want and need...
To my BCT friends who are goldbugs, the reason I speak frankly is because I want you to look at the situation objectively. I know from my own infatuation in the past with precious metals, that the drug of fighting back against the system is very intoxicating.
But the fact is that absent our existing governance and monetary system, a power vacuum forms, which sucks in roaming armed gangs which then gives rise to warlords. The warlords are the market makers. Feudalism. Power is a fact of physics and nature.
The only way your fantasy of a silver dime monetary barter system would take form is if you have an organized community with governance, security, and enshrining silver dimes as the monetary system to give it the confidence it needs. And then some market makers to provided the liquidity between debt, silver dimes, and production. And you have to then provide for defense against more powerful invaders, so your community can't be too small.
If you don't understand how governance, market makers (i.e. power-brokers), and the economy are all dependent on each other, then you of course will make silly fantasies about people trading silver dimes as a fall back option.
Understanding power vacuums, the power-law distribution of wealth in nature, etc.. are critical to forming a rational assessment of the future.
Money has always been what people trust and have confidence in. This doesn't mean the metal itself, but as Armstrong has explained many times it was the stamp on the metal. Even when the invaders took over the Roman Empire, they used the stamps on the coins from the former Empire because it was more trusted.
Bitcoin (crypto-currency on a blockchain) enable trustless money, where we don't have to trust any authority. We trust the decentralized protocol. Now that was the ideal. Unfortunately Satoshi's proof-of-work centralizes and thus we end up trusting Gregory Maxwell and the Chinese mining cartel.
So crypto-currency is not quite ready for being independent of the powers-that-be yet.
Someone may invent a solution. I happen to know someone who claims he may have such a solution. We'll see...
Question for you.
What is the most ideal money system?
In the now Id suppose this would be the system with the most liquidity and fungibility.
However if one was to theorize what the most ideal money system was, what would it
There is no perfect static one. Nothing static will ever be perfect, because static means we can't exist. Our existence is predicated on friction and thus change via irreversibility of space-time. I wrote about this recently in several places (see Economic Devastation, see one of my blogs on Steemit, and see some recent comment posts and also wrote about this on Github, don't have time to dig this up, ... google my name and "light cones").
The ideal money system is always changing. It is the one that enables society to move forward, as the needs of society changed.
As I have explained several years ago in
my seminal articles which CoinCube cited, during the Industrial Age we needed to store capital in a way that maximized the economies-of-scale of constructing factories, i.e. maximizing efficiency of labor and technical capital. Whereas, now in the Knowledge Age we need to maximize decentralization and thus diversity of maximization-of-the-division-of-labor.
This is why now physical money can't move us forward. Gold and silver could only take us back to a Dark Age. We must move forward, because the degrees-of-freedom in society had shifted due to technological advancement. I would need to write another essay to explain this in more detail and don't have the time nor cognitive energy to do it now.
As Dmitry Orlov points out, everyone's priority is on food, security, and transportation. Direct trade of these is more valued than some metal which can't be traded for these needs, because these metals are not liquid.
Thinking towards your better then steemit line of thought. The next generation social network would do well to focus on these things. Allow the economy(trade of goods and services) to flourish freely. Decentralize food preparation and distribution. (Ie: uber/air bnb like: you cook some extra food and use a local service to sell and deliver it, build a rep, etc). Decentralize security, neighborhood militia, cop liasons, neighborhood watch, etc. Decentralize transportation, uber.
(Decentralization in this case, still uses a network as the centralizer, however it allows regular people to participate. Ie: gives the purpose..a job, when no ones hiring)
Disagree. IMO, the better Steemit I am working on can't focus on physical world things, because that doesn't appear to me be the low hanging fruit. The virtual world moves at much greater degrees-of-freedom (a form of efficiency in the sense of potential energy). Once you've onboarded the virtual ecosystem, it can then also take over the physical realm as an after effect of already conquering the world.