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Tereza Coraggio's avatar

Thanks for helping me understand better the crypto-currency world. I'd like to ask some fundamental questions, extending some you've raised, and look at the baseline of assumptions on which crypto-currencies rest:

1. The system is malevolent. I fully agree with that, as you've said. Why do we accept it and then try to figure out ways that we can individually get around it rather than changing it for everyone?

2. Money should be able to take the products of other people's labor with no relationship.

3. Governments create money, which should be created by private individuals. This is exactly opposite the reality. Governments do NOT create money, only private individuals who are called bankers.

4. Decentralizing money creation among many unaccountable private individuals is good for producers of actual goods, food and energy.

5. Money is legalized theft. As long as we're in on the theft, that makes it fair for us.

Your thoughts?

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Michael Ginsburg's avatar

Great work here Gabriel. You raise some very pertinent points.

Have you looked at ICP (Internet Computer Protocol) at all?

Looks like a promising concept at first glance and very much inline with your online sovereignty concept.

https://internetcomputer.org/node-providers

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