Associated value.

in #opinion5 days ago

Help we understand this part.

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I know and understand pieces. I do have a decent understanding of the financial system in use today. I understand immensely economics. Better than most economists. I know the roots up of economics.

It has been the same thing for thousands of years. Decades of thousands. The same thing over and over. It is all part of a lifelong game. A game that spans generations. It is a game of control. The controlling ripping point became finance. Having the finance you can have other do more for you than your opponent.
All you need to do is ensure the rewards you reap are higher than the cost of war.

Even gold as a measure of value I find hard to understand.
Telling me the rarity and it will rise in value. Does not say much. Against inflation and the value of a kilo. Does it really keep all the value said?

If other things collapse, then the currencies collapse too. In this case it is only the few who hold the gold.

People say when the stinky stuff hits the fan. Gold is King.
For most people at a time like that. Carrying gold would be a risk. Dividing the gold to pieces to use would need tools not available to everyone.

But still. How many loaves of bread for an ounce of gold?
That's what we need to know. By what measurement is value awarded. Is there an alternative measure we could use as a store of value.

That's why we have crypto, I hear the internet ghosts spewing.


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Then there is the complication of holding any assurance of value in the crypto world. So far this has shown it cannot be sustainably done. (So far, is there a better alternative?).

I dare the brave to debate me on that. (Probably best done in a closed environment).

The tokens on the blockchain are a deterrent to a business joining the blockchain. Associated with blockchain and crypto tokens is the word loss. Possibly costing value by non use of the blockchain.
The main tokens on the Hive blockchain, HBD and HIVE need to succeed for the chain to succeed. If these tokens fall to 0 or down right close. The cost to running the system is too great.
The DAO support for the stabilization of the HBD token will eventually cause a collapse of the HIVE value. The only thing the DAO support does is ensure a value for those cashing now.

Crypto, just like FIAT only holds a demand value? No assurance that the token or paper will hold the value tomorrow. Gold and precious metals are not practical. They only lead to the vulnerable being conned and unable to safely store it. Then the need to transport it to where it is wanted.

When all the crypto started up. The hype around cancelling out the banks was high. What ever happened to that ambition? If you tell me greed crept in. I will laugh at you. Then ask you, if you are telling me you are greedy. Why can those same thing not be worked on now.

It is something I have heard just about every known witness talk about in some form. The strengthening of the blockchain. Those and influencers have not done it yet. I question what the hold up is.


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If the blank below was something they could control. It would happen. That it means other who do not get heard begin to gain a piece of the pie. That cannot happen. Now I am not saying that is intentional. I am saying it is so, by a natural means of evolution. Unfortunately, it does not serve us well as a society.


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we will go back to barter and it will help if your neighbours like you........

Just my thoughts......

Read "The Stand" by Stephen King the full version. I think you will see a lot of what you believe in that book.+

Read that 30 years ago. There are many do the same thing. Matrix 1984. Simpson Star trek.

All of them show the negative, None show different.

Good always triumphs in the story.
The truth is, Not good manipulates any situation.
Can we stop that manipulation?