Comments on: What’s not wrong with the current monetary system https://blog.p2pfoundation.net/whats-not-wrong-with-the-current-monetary-system/2014/06/01 Researching, documenting and promoting peer to peer practices Sun, 01 Jun 2014 12:24:45 +0000 hourly 1 https://wordpress.org/?v=5.5.15 By: Matthew Slater https://blog.p2pfoundation.net/whats-not-wrong-with-the-current-monetary-system/2014/06/01/comment-page-1#comment-734747 Sun, 01 Jun 2014 12:24:45 +0000 http://blog.p2pfoundation.net/?p=39206#comment-734747 Joel I am not trying to change the money system, or propose alternatives, and I will continue parrotting and developing the argument you rebuts, above.

Creating new money systems is exceedingly difficult in a global economy which is already served by a global banking system, and I tired a long time ago of hearing genius proposals which only require that government steps out of the way and all the people make a collective decision in order to work.

Bitcoin’s success so far is because its payment system is a revolutionary technology, and even then it faces fierce opposition from vested interests.

The monetary criticisms you counter are actually very helpful for explaining how the money system actually works, and showing how this tool of enslavement is entirely held up by the consent of the value creators. Let us evolve our thinking and the systems will follow.

]]>