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To: marcos who wrote (7727)	8/26/2001 3:36:09 AM
From: elmatador	Read Replies (1) \| Respond to of 74559

And its not called the vile metal for nothing! I am just thinking how you could use a gold bar to fend off that Maori biker in a rage! LOL

To: marcos who wrote (7727)	8/26/2001 6:36:48 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

Marcos, my sentiments precisely but I get to a different conclusion: < what sort of delusionary belief structure would set up as meaningfully permanent some bits of coloured paper that represent nothing more than other bits of coloured paper ... even funnier when you consider that the coloured paper currently bid up the highest is all of the same colour no matter the denomination - no red ones, no purple ones, no blue ... means you have to look at the numbers to see which is which - too boring .... and hey - slap one of these pieces of paper down on the bar of your local, and what do you hear? - nothing, you might as well try listening for an honest politician on one of those sea dee em eh wireless thingamajigs ..... now you take a sovereign and slap it down on that bar, you're going to get that satisfying solid whack and yes you are going to impress that big maori biker's date, you betcha Gold's been money a long time, in no way does its excellent fulfillment of that role threaten innovation ... poor business plans do that, rotten luck does that, but not gold> Pieces of paper issued by governments works because they wield power over people. The paper represents hours of people's lives and governments dictate peoples' lives so they can control the value of the money by printing more of it. There isn't any need to link it to gold or other asset because it's linked to the thing which governments control = the lives of their citizens. USA currency is odd though. I can see, but it's confusing. All the same size and all the same colour. $1 $10 $100 no difference. With inflation, $1000 will soon be printed. It's easy to add zeroes and that shows the underlying principle of what that piece of paper represents = a one with a string of zeroes. Uncle Al can add any number of zeroes with the click of a mouse [actually, he just needs to give the word and somebody else will click the mice]. I have no idea how blind people use US$. They must get it issued by banks with little lumps on it - maybe there are Braille machines where they can feed their notes in and the machine recognizes the note and indents them appropriately. Gold perhaps makes a nice sound when slapped down, but it's very subject to theft, being heavy in your pocket [for example when you carry some to buy a house] and isn't as inherently valuable as somebody's time [though it represents time taken to dig it]. Better still would be a currency based on share values. The true productive value of people. A basket of companies or single company could be owned by somebody and when they wish to buy something, the ownership would just swish, encrypted, from the buyer's cellphone to the seller's [and to backup servers etc]. No more Aztec medieval golden ideas. No more obsidian in the heart. No more fiat money based on nationally captive people who are no more than indentured serfs. Freedom! Cyberspace Eudoracoin based on the Q and q [with 100q = 1Q] with 1 Q representing 1 share of QUALCOMM. People could still use gold, sea shells or Uncle Green$pan's paper, but they would actually earn a return on the money they hold, based on the productive value of the people working in the companies. It would be secure, convenient, instant, cheap [there is a cost to money management at present], couldn't be stolen by inflationary money-printing, would be tough to tax. It's the 21st century! Mqurice