Poll: Currency choice

Discussion in 'Currencies' started by mmm....shiney!, Feb 26, 2020.

?

In which type of currency do you have greater confidence?

Poll closed Mar 18, 2020.
  1. A government issued monopoly currency.

    14 vote(s)
    63.6%
  2. Privately issued competing currencies

    8 vote(s)
    36.4%
  1. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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  2. openeyes

    openeyes Well-Known Member Silver Stacker

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    The woolgrower's target shall be the good thriving of his flock and its pastures, and so of himself and those whose livelihoods depend on his enterprise.
    "The Woolgrower's Companion", 1906.

    Shiny what inspires such a tangential signature?
     
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  3. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    I guess the connection between Adam Smith’s “invisible hand” and what I see as the meaning of life ie to enhance value. :)
     
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  4. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    Bump. Don’t forget to cast your vote.

    So far Centralbank fanbois are leading 2:1. :p
     
  5. openeyes

    openeyes Well-Known Member Silver Stacker

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    I recommend wool growing it’s quite satisfying.
     
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  6. openeyes

    openeyes Well-Known Member Silver Stacker

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    The poll is a little too simplistic imho. The military force that sits behind a currency and for that matter such activities as we see happening today means private currencies can never hold the same value.

    The one caveat would be a genuine global revolution where individuals take collective power. However the general population is not sufficiently mature and won’t be for some centuries imho.
     
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  7. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    If you'd designed the poll no one would be able to understand it. :p

    All I'm interested in is if PM bugs prefer central planners to control the money or if they would prefer the free-market. So far PM bugs appear to prefer central planners controlling the money supply by a factor of 3:2.
     
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  8. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    The daughter of one of my customers wrote a novel a couple of years ago titled "The Woolgrowers Companion". We've got a signed copy. The title was taken from the non-fiction "Woolgrowers Companion" published in 1906. It was based on the life of her grandmother in rural NSW. The family has a long connection to the land, our customers were John Deere dealers in Queensland up until they sold and retired.

    I don't recommend the novel unless you have tits and are into love stories.
     
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  9. Stoic Phoenix

    Stoic Phoenix Well-Known Member Silver Stacker

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    ^ Like the guy in the photo wearing speedos with his ex secretary you mean?
     
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  10. JOHNLGALT

    JOHNLGALT Well-Known Member

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    "In which type of currency do you have greater confidence?"
    Thanks for arksin',
    NONE.
    I prefer 'REAL MONEY', you know GOLD & SILVER.
    [email protected]@P doesn't excite me either. _JOHNLGALT. covering all bases. lol.
     
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  11. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    Early days yet but I’m thinking if we took this poll across to the crypto community we’d get a vastly different result. Which is interesting considering how gold bugs bang on all the time about central banks, inflation and credit fuelled growth. Probably explains why there is quite a deal of hostility toward cryptos, not that a private currency must be crypto based mind you.

    For every 1 free-market currency supporter we’ve got 4 monopoly currency supporters.
     
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  12. madaw1

    madaw1 Well-Known Member

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    Now someone is talking....:cool:
     
  13. JulieW

    JulieW Well-Known Member Silver Stacker

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    I didn't think there were any private currencies.
     
  14. alor

    alor Well-Known Member Silver Stacker

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    crunchy peanut butter no salt
    Mulan curry sauce
    kitty said tuna
     
  15. Stoic Phoenix

    Stoic Phoenix Well-Known Member Silver Stacker

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    there are over four thousand privately issued currencies in more than 35 countries. These include commercial trade exchanges that use barter credits as units of exchange, private gold and silver exchanges, local paper money, computerized systems of credits and debits, and digital currencies in circulation, such as digital gold currency.
     
  16. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    BUMP.

    Need more free-market voters. The Deep State Whores are kicking our freedom-loving butts. o_O
     
  17. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    Someone give me a summary of what @JOHNLGALT posted. He’s on my ignore list and I just don’t want to show the ignored content.
     
  18. Jason1

    Jason1 Well-Known Member

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    he said Qoute, "blah blah blah, they just let me out of the lunatic asylum blah blah blah", in crazy fonts, then I couldnt understand the rest
     
  19. JulieW

    JulieW Well-Known Member Silver Stacker

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    He said "real money" then threw his potty against the wall.
     
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  20. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    I thought the central banks issued the money to the Governments, Governments don't issue money, they borrow it at interest.

    And who is doing all this calling for Central Banks to issue digital currency? The Central Banks?

    I like the idea of digital currency as a currency, but at the moment it is just a speculative investment.
     
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