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[-] DavidGarcia@feddit.nl 9 points 1 year ago

just curious, what would you all replace the dollar with?

[-] duderium@hexbear.net 26 points 1 year ago

It’s going to be replaced with a BRICS currency backed with gold, oil, and other natural resources, as opposed to the dollar, which is backed by American imperialism. Once the USA is forced to actually pay for itself without enslaving the rest of the planet, civil war will probably result.

[-] DavidGarcia@feddit.nl 7 points 1 year ago

It would be nice if we could have a stable currency again that doesn't constantly inflate away the wealth and the income of the working class to funnel it all into wars, megacorps or environmentally destructive subsidies(corn, oil etc).

[-] novibe@lemmy.ml 24 points 1 year ago* (last edited 1 year ago)

Cum coins. Shells. Screams of despair.

And the exchange rate between them will be convoluted and insane.

[-] DavidGarcia@feddit.nl 9 points 1 year ago

You gotta be more specific. Fresh cum? dried cum? cum powder? cum in a pony jar? frozen cum? cum backed currency? cum promisary notes? cum derivatives like cum futures? cum pegged stable coins? also how do you address the inherent inquality of men getting a self-made universial basic incum? Also is it measured by volume? taste? sperm count? if so the currency is inherently deflationary because of dropping sperm count

[-] novibe@lemmy.ml 3 points 1 year ago

Cum coins, cummie shillings, jizz bucks… how much clearer can a person be?

I specifically said it would be convoluted and insane. And yes, there will be menfarms in the central banks.

[-] star_wraith@hexbear.net 16 points 1 year ago* (last edited 1 year ago)

Similar to what duderium posted, check out the idea of bancor that Keynes proposed. That could have easily become the world’s reserve currency instead of the dollar, but the US actively took steps to make sure that didn’t happen.

You don’t need a single currency to replace dollar supremacy.

[-] DavidGarcia@feddit.nl 4 points 1 year ago

Gotta be honest I don't really understand it, but it sounds like Special drawing rights (SDRs/XDR).

Personally I wouldn't be opposed to some sort of decentralized stable currency (meaning no single state holds power over it) that has checks and balances between the different issuers of it, to disincentivize abuse of the currency, like the US loves to do. I don't think having a single issuer like the IMF or UN or something is a good idea, because it could just be captured. It would be nice if it was a sort of self regulating system.

Side note: Got a little confused when this showed up when I clicked through the pictures on the Bancor wiki page lol

Apparently it's the Wikinews logo.

why the hell would Wikinews pick (((🌐))) as their logo 😭

[-] Mokey@hexbear.net 12 points 1 year ago
[-] SoyViking@hexbear.net 9 points 1 year ago

Spiral armbands of silver. When you have to pay for something you just cut off a piece and give it to the seller.

[-] DavidGarcia@feddit.nl 2 points 1 year ago

I like that idea. if you buy an average US car then you would then take two to three full pieces of silver chain mail armor. or perhaps you could arrange it into a nice horse sculpture, perhaps you would get a discount then

this post was submitted on 25 Aug 2023
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