been thinking - today we are currently using a system by the central bank giving governments unlimited supply of money that cannot be sustained.
say everything is shifting back to gold / silver.
today gold and silver is currently a finite limited supply on earth
what happens when we become a space civ in the next 10-100 years when we harvest comets which pretty much give us an endless supply of gold /silver other oras?
aren't we back into the same system to which the value of gold & silver is pretty must as limited to the vast amount of space devaluing its worth.
is crypto the only possible way?
Most people will not believe this until they recognize the universal laws, such as that mysterious one of Attraction and Repulsion, and the immaterial forces behind it. Some people will instinctually know this to be true, others intuitively, but most will need to learn by experience.
Thus, there will certainly be "space civilization" experiments, because the ignorant and ambitious will have to try. But whether the effects are immediate and obvious or subtle and slow to manifest, there will be negative health effects. Our body is from the Earth, and it will return to the Earth, one way or another.
i believe we have the ability to create dyson spheres in the coming decades which will allow us to do so. autonomous robots which will gather resources will do it for us.
i was reading up on the radioactive environment of space the other day, to which i hope this will lead to a new revolution in science.
Why did the Nephilim mine gold on earth if its abundant in space?
Just trowing that out there.
You might want to consult the economic impact of Gold and Silver in South America during the 15-17th century.
Despite the enormous, obscene would rather fit, amount, the prices for regular items went through the roof. Of course, in them days, regular items had to be imported from Europe. So, a certain price difference is to be expected, however,
given the 1:15 / 1:16 ratio (A shilling, being a 28 gram silver coin, would fit 14,58 times into a pound), certain items had to be pad in gold coin. Otherwise no deal. At the same time, it totally bankrupted the Spanish Kingdom several times ...
This has always been the case in times of exuberant supply.
Another thing to consider is the fact that Europe typically was a silver coin oriented economy, whereas the EAST was more oriented towards gold. It was easy for the Venetian Bankers to make a play on that.
Crypto is controlled by [them]. Created by [them]. Most of it, owned by [them].ALL of the value is imaginary, just like the fiat Dollar, British Pound, and Dinar.
The saddest part about this particular aspect is, all it took was a few posts from some well positioned asshats to mention some new fangled way of making "money out of nothing," and you ALL bought it. Hook. Line. Sinker. All the way down your deluded gullets. ESPECIALLY when your boi Elon Musk got behind Dogecoin.
Dogecoin. A crypto that is LITERALLY named after the ORIGINAL money controlling bastards. The same bastards that gave the Templars the idea of a fiat money controlled by a "central bank," the Doges of Venice, aka New Phoenicia, aka, the Venetian Black Nobility. Of which, that man, MOST of the world's leaders and leading corporate CEOs are members.
Look at the bloodlines. 13 Ruling Illuminati families. 13 ruling Doges of Venice. Venice founded by the Phoenicians after their society collapsed when Rome conquered them. What happened? They set up shop in a swamp in the backyard of Rome & the Vatican and got down to business. When the Vatican got tired of their manipulations and set out to crush the Doges, they fled Venice for upper Europe. Fast forward a few hundred years, and now you know where the Rothschilds got their ideas from. The not so "secret societies" are clear on that.
Follow the bloodlines of ALL the major rulers of history from the 1100's to now. They ALL have Venetian Black Nobility blood. Every. Single. One. Washington, Adams and most of the Founding Fathers,the British Royals, the Hapsburgs, the Ferdinands, Rothschilds, Soros, Kennedys Clintons, the Bush family, Kerry, Romney, Bergoglio and most of his ruling Cardinals, the Saudi Royal Family, and maybe even Putin and the Xi family, as well. It's ALL documented. Th more Venetian and Khazar blood [they] have, the more "powerful" that family is. That's fact, not fiction.
Not only are they tied together by blood, they're tied together by their oaths to Lucifer thru Cain's bloodline and the Khazars, too. 13 EVIL families to offset the original 13 Tribes of Israel.
Look it up. If you think your "redpilled" and you still believe that crypto "currencies" will usher in a new paradigm of GLOBAL finance, you're not as educated as you should be.
Well that's for another age to solve, right now were at the edge of the age of reason, or the golden age. The Age of Reason as defined by the Georgia Guidestones means that 6.5 billion people need to be killed off...
Interesting question. I do think mining of asteroids and planets is the next big thing.
https://www.thesun.co.uk/tech/9378480/giant-golden-asteroid-psyche-61-billionaire-nasa-2022/
ive read a few articles like this over the years, to which i think of the question "well if everyone's a billionaire, whose gonna build the bridge, bake a cake?" it will be like the streets of Venezuela where instead of money in the streets it will be gold bars.
It would devalue precious commodities to the point of aluminum foil. Of course, first one would have to catch said asteroid.
No, the problem isn't with a fiat currency. The problem is with a currency that can be macro (in the case of the fed) and micro inflated by private banks.
The only way to prevent that from happening is to ban fractional reserve banking, and for Congress to take back the power of coinage from the Federal Reserve.
Crypto will face the same issue, as it won't be too long before major banks back their credit with Crypto the way the have with dollars or precious metals, just to inflate by not maintaining at all times a 1:1 credit to commodity / currency ratio.
To be clear, natural inflation is fine. And asteroid mining will not be a free endeavor, just as silver and gold mining are not free endeavors currently. Fractional reserve banking is a FREE endeavor that devalues currency.
Additionally, gold and silver both have actual utility (especially the latter in electronics), and do get consumed, pulling some of the currency out of circulation (deflation).
cheers for the insight anon, but its not the gold that's in circulation though its the currency of the time which is backed by gold & silver, if gold is such an abundance of a resource each country will have more then enough then anyone could possibly need, therefor why would a country be willing to trade for it?
The same reason any currency has existed throughout history: Perceived value.
Again.. even a fiat currency (that which is not backed by commodity, and has no intrinsic value) can work very well, but it can't be controlled behind closed doors, the way our current fiat currency is by the Fed. If you look into Lincoln's administration and his real goal of protecting the Union's currency from central banking (also the reason he was assassinated, and likely JFK as well), and thus protecting the nation from having their wealth syphoned from them by the vampiric banks, you'll find the original assertion to be true.
Trading sticks, coffee beans, gold and silver, or pieces of paper: It doesn't matter what form the currency takes (although I'm definitely partial to using a commodity with intrinsic value because it's much harder to counterfeit), because the value is in its potential to create wealth, not in its immediate utility.
If it ever becomes profitable to mine in space for gold and silver then the stuff we have here on earth with be worth fortunes before that.
When you start denominating your value in time, rather than money, you may find that you are extremely wealthy.
If you aren't able to leverage that wealth, try to figure out why.