Money forms half of nearly every transaction. For this reason, the State always tries to replace stable commodity money with tokens of promises that can never be fulfilled. How can we provide convenient methods of trade and stores of wealth that avoid State fiat money?
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iGolder.com is a great tool to trade with people around the world with digital gold that is 100% backed by physical gold. The founders are anarchists 😮 😉
Comment by daprovic — March 25, 2011 @ 1:57 pm |
Shire Silver is a brand and a model of a distributed public domain precious metal currency. The minting facilities needed are small, easily hidden, and mostly typical office equipment and supplies. It can be created and distributed in a similar fashion to that of illegal drug dealers, so there’s no way the government can stop it.
The form factor is also an improvement over traditional bullion, being the same size as a credit card. It fits well in modern wallets, and the plastic laminate not only protects the metal but it also reduces the noise – which makes carrying it more discreet. We aren’t “backed” as the metal is embedded in the cards themselves.
We made the process public domain so that anyone can use it to make their own version, and we’ve already got a handful of people doing that.
Comment by Ron Helwig — December 5, 2011 @ 4:23 am |