Relational databases and blockchains are not that complicated tho, it works like a logbook that may or may not be available over internet and may or may not be synchronized across multiple physical devices for better redundancy.
The fuckery is within the monetary system itself. Think of something with market value, like your car or your house. It doesn't have constant value (nothing has in fact), it's value is determined based on supply and demand, the more willing you are to get from A to B the more valuable your car will be. The more people who want to get from A to B the more valuable your car become and you may trade it away from something you want or need more.
There's no right or wrong in market value, the price is always an agreement between buyer and seller, computers could even simplify this process by letting you view what other have traded in the past, this can be used to make sure that nobody takes advantage of you buy trading something worthless for your car.
Now let's talk fiat currency. This is cash in your hand or in your bank account. Fiat is where the scam begins, originally backed by x amount of gold held in a bank vault, in 1929 during the bank runs the banks ran out of gold, which exposed the scam. The banks had basically printed more cash than they had gold in their vault to back it, basically creating a devalued asset out of thin air.
Instead of hanging the scammers, the scam was legalized. This allows the government to lend money from the federal reserve, a private company. 🤡 Every time a loan is issued, new currency is minted out of thin air, doesn't matter if it's number on a digital bank account or physical paper notes, the process is the same, only slightly cheaper when it's digital since you don't actually have to print anything. Either way it's a scam and as long back as 1971 the last gold backing requirement where removed.
Since then fiat has only gone down and will continue to go down because it's all debt today. Once market value goes up, more fiat is created through loans which inflates the price and make sure it stays on a downward path, when it goes down, it goes down by a lot.
Carbon credit is nothing but glorified Soviet food stamps, but digital. Instead of only buying food it's used to pay for everythnig you consume. Imagine living in a world where no matter how hard you work you'd still get the same allowance/salary, now imagine a world government controlling the price of everything, using "the environment" as excuse to make luxurious items like real meat and heat your home in the winter a non affordable luxury. This is what carbon credit does.
In the end it doesn't matter if it's digital or physical, it's the same scam system either way. The only way out is through market valued assets where the main things that constitutes as money is precious metals or some of the major cryptocurrencies, specifically those that are decentralized.
Relational databases and blockchains are not that complicated tho, it works like a logbook that may or may not be available over internet and may or may not be synchronized across multiple physical devices for better redundancy.
The fuckery is within the monetary system itself. Think of something with market value, like your car or your house. It doesn't have constant value (nothing has in fact), it's value is determined based on supply and demand, the more willing you are to get from A to B the more valuable your car will be. The more people who want to get from A to B the more valuable your car become and you may trade it away from something you want or need more.
There's no right or wrong in market value, the price is always an agreement between buyer and seller, computers could even simplify this process by letting you view what other have traded in the past, this can be used to make sure that nobody takes advantage of you buy trading something worthless for your car.
Now let's talk fiat currency. This is cash in your hand or in your bank account. Fiat is where the scam begins, originally backed by x amount of gold held in a bank vault, in 1929 during the bank runs the banks ran out of gold, which exposed the scam. The banks had basically printed more cash than they had gold in their vault to back it, basically creating a devalued asset out of thin air.
Instead of hanging the scammers, the scam was legalized. This allows the government to lend money from the federal reserve, a private company. 🤡 Every time a loan is issued, new currency is minted out of thin air, doesn't matter if it's number on a digital bank account or physical paper notes, the process is the same, only slightly cheaper when it's digital since you don't actually have to print anything. Either way it's a scam and as long back as 1971 the last gold backing requirement where removed.
Since then fiat has only gone down and will continue to go down because it's all debt today. Once market value goes up, more fiat is created through loans which inflates the price and make sure it stays on a downward path, when it goes down, it goes down by a lot.
Carbon credit is nothing but glorified Soviet food stamps, but digital. Instead of only buying food it's used to pay for everythnig you consume. Imagine living in a world where no matter how hard you work you'd still get the same allowance/salary, now imagine a world government controlling the price of everything, using "the environment" as excuse to make luxurious items like real meat and heat your home in the winter a non affordable luxury. This is what carbon credit does.
In the end it doesn't matter if it's digital or physical, it's the same scam system either way. The only way out is through market valued assets where the main things that constitutes as money is precious metals or some of the major cryptocurrencies, specifically those that are decentralized.