patrick.net

cisTits says

Cowry shells were used as money. So have been beads. Ledger entries of wheat stored in the silos of Ancient Egypt was used as money.

Gold and silver are the only form of money that has held up throughout the centuries. Yes, you can use anything if you get people to buy into your system, or force them to, as is necessary with fiat. Gold and silver grow at a specific rate, and cannot be created by man, which prevents inflation. Intrinsic means every culture throughout history recognizes they have value. They can be VERY specifically measured, are small enough to easily store, and are very divisible. It is God's money, he made it for this purpose.

cisTits says

And what happens when mining is fully roboticized?

There have been improvements in mining already, but if you read my post on technology, you'll know ever new invention comes with a cost. Better machinery costs more money, offsetting the mining improvement by creating a higher barrier to entry.

cisTits says

We finally mine one of those NEOs, there will be millions of tons of gold, platinum and silver flooding our markets.

Then you should easily be able to buy gold and silver coins, and get delivery for far below current spot right? Let me know when that happens, I WON'T be holding my breath.

Any alternative you come up with will only work on a small scale, one that the government doesn't deem worthy of dealing with. I've always been fine with living small and under the radar like this, but anything that gains any real traction with the public and threatens their system will result in them coming for it, by force if necessary. A major source of their power is derived from this and they will never let it go without a fight.

You can be as clever as they come, but these are social problems that do not have technological solutions on a large scale. If you have honest, decent, hardworking people with integrity, you will have an honest, decent system even without technological or constitutional frameworks. We don't have that, as the last 2 years have shown us.

It's like coming up with a cunning plan to outsmart the casino at their own game, only to find that when bested, rather than give in and hand you your winnings, they have goons drag you out back and and go to work on your hands with a couple of ball peen hammers.

Understand that these people do not play fair.

NuttBoxer says

Then you should easily be able to buy gold and silver coins, and get delivery for far below current spot right?

I'm still somewhat shocked at the spread. There's an outfit in Marin that seems pretty large, and, last I checked, the premium for gold was 10% over spot and silver was an outrageous 20% over spot. And most of the well known branded bars/coins were out of stock.

Ceffer says

Barter and underground economies based on gold backed rubles, like the Russians used to do with dollars and parallel economies during the hard core Kommie times..

There is a payment system now which is literally called "Parallel Economy":

https://www.paralleleconomy.com/payments/

CENSOR-RESISTANT
PAYMENT PROCESSING
Sign up today to take advantage of seamless and low-cost payment processing from Parallel Economy.

Simplified Pricing
Flat-rate pricing keeps it simple with no monthly surcharges. 2.98% + 15¢ for in-app, eComm, keyed, and non-qualified.

Streamlined
A single merchant account means signup, setup, and account management is easier than ever.

Next-Day Funding
Fast Funding gives you next-day funding at no extra cost.

White-Glove Service
Providing fast, friendly, and helpful merchant support is our top priority.

richwicks says

There's .71 ounces of silver in every $1.00 of silver coins, so it works out to be about 3.5 ounces and that's around $70 bucks - maybe $85 as of today.

You're right. Coin or silver shop would try to pay you somewhere around spot price.

But you would have a hard time buying 5 silver dollars for less than $100. Five silver eagles would set you back $150+.

Can you say, "FedNow"? Repeat after me kiddos!

Karloff says

It's like coming up with a cunning plan to outsmart the casino at their own game

That's why you leave the casino and start your own game. One outside their control, using the systems God setup that can never be wholly suppressed or eliminated. And yes, it probably does mean a fight, but when the alternative is slavery, is there another fucking option?

Patrick should start running an Ethereum validator. I'd stake him an ETH coin (once I figure out how to buy one)....