We are in a great need for a new money, a money that we control and issue interested free! We have a lot of options, there are even one’s that we have not heard of or that are yet to be thought of. The ones that I have the most hope for are BitCoin and Local Hour Currency.
BitCoin – crypto-currency that is gaining popularity in the mainstream, main advantage is decentralization of the banking system, in a sense there is no more need for a banking system. A network for global exchange, that is safer and cheaper then a bank; but not as easy, although that is changing fast. The more people that use BitCoin the safer the system gets, coming from the decentralized self-monitoring and self-adjustment.
Local (H)our Currency – a local currency that is based on an unit of time. This is a universal symbol of money… time = money. Keeps money circulating locally, and helps local stores compete with globalism. Allows local businesses to come together and decide where money can be created interest free to help the local community. A great way to increase the decentralization of the ideal system. Check out Ithaca Hours and Mtn Hours.
Ideal System – All counties have a unique currency, where they pay there sheriff in there local hour currency. Then comes the addition of a digital currency exchange for the local hour currency to be exchanged nationally, but also internationally. I have no idea what that ideally looks like. You have to consider that the great thing about the local hour currency is that it stays local. so we could have a hub that you bring local hours that you want exchanged. By this time the hour would have disconnected from the dollar central banking system. Will the hour then be traded on a market with other hour currency’s? I can sort of see how this mixture of the digital and local would work, although I can see how it would not work. We are going to see it or not in our life time, we must come together too decide how our freedom is going to look. I think that it starts on the local level first, then we can unite on the digital level!
Before we can break out of the parasitic debt slave currency created by the federal reserve, we need to devote time and energy to inform people of the potential of a new money. For if you track any of the horrendous things that happen in this world, the problem always comes back to money. The current money system is like a river that runs dry before it reaches the ocean. There is more debt created then there is money to pay it off, so all money is debt and we are slaves to a system where you must leach from others to get ahead in this system of unplayable debt.