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Currency of the people

A short, diplomatic-yet-satirical essay on the need for a currency which is not bound to a government.

By C.K. DouglasPublished 3 years ago 5 min read
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Currency of the people
Photo by André François McKenzie on Unsplash

It used to be that spending could be done per continent - even more specifically: per kingdom/country, province/state, city-state, city, town, village, or community. For example: Say I had a good my neighbor wanted (to keep things PC, say I had laundry detergent). The could offer me a thing which I'd quite like (cookies, for example), and we would have an exchange, then both be very happy.

Funny thing about trades though: they tend to only satisfy a person for a time. Unfortunately, there is no such thing as a bottomless cookie jar, or an endless container of laundry soap. Neither are those things available, nor are there any such things as endless physical resources. That which is not physical, however, is endless.

Trade is still done the very same way, only the very smallest basis in which trade can be done has a new definition. Trade is done in within communities. Communities, as we think of them, are perhaps generally perceived as neighborhoods, but are in fact quite different than that limited perspective. A community is any grouping of people which have like-minded and often beneficial effects (Notice I do not use the word: affects, meaning implicit negative; but effects, meaning implicit positive). In plain language: a community is a thing in which each individual benefits from the many; implicitly, each individual provides some worthy service to the many.

If you had not known before, the internet is bound by either undersea cable, or satellite, and connects even the most private of countries with the rest of the world. The great world-wide web connects every place on earth, and therefore: it makes us all a great community. There is a problem, and a benefit from such a thing, though.

The problem of being globally connected: Individual governments an monarchs do things very differently. A specific current example: Biden (leader of the United States' democratic republic) has the a very different protocol than Trudeau (the Canadian representative of the Commonwealth) when it comes to managing the Covid-19 crisis in their countries. Biden is opening up trade, and Canada is closing down travel. You see their differing perspectives here - U.S: interpersonally connecting with the global market which must continue to enable success of all (a capitalist ideal) Vs. Canada: protecting itself against the virus that seems unpredictable (a rational response, due to reasonable fear).

Now, let's pretend Covid were not an issue (as one should not make an argument for a global currency based on a hot topic). Generally, f you have ever traveled from one continent to another by ship, or plane; you would know that the currency, culture, and capitol systems are very different.

Let's define these things. Currency: Physical money. Culture: worldview of the masses in a place, which produce a nation-wide pattern of accepted thought and standard of living. Capitol: Different than the type of money, and defined as that which drives individual economic success.

So currency, culture, and capitol are the three C's which drive every individual in the world. Because of the internet, these things have all been connected. Implicationally: each individual, from any makeup of the three C's, may interact with any other individual. And though you may not know what to think of this, I can tell you: it is not bad, if you even believe in objective moral divides, such as good and bad - and that is where things become interesting.

The age of the global connectivity has produced an uprising of one of the most assimilating initiatives, perhaps of all time: subjectivity. To be subjective, is to concede to none other than one's own conclusion (practically an oxymoron in itself). Furthermore: The human initiative of subjectivity has not, and will not achieve its purpose, which by definition ought to be to protect individuality. Assimilation is systematic destruction of individuality.

If you follow the logic, or if you do not, what comes next is simple. Individuality can provide - or better - it may procure (that is to produce out of nothingness) things which may be desired by another. Let's take another hot topic to illustrate this: Anti LGBTQ+ extremists procure (that is to bring forth something which was not there before) hatred, opposition, and other such negative affects against the "open minded" community (Notice: I used the word affects, which implies negative connotation; also that open minded was in quotations, because the term is subjective).

How does this relate to an international, inter-ethical, inter-communal need for one global currency? It is simple: A person in South Africa may produce a good which is desired by a person in Venezuela. The Venezuelan should be able to buy it, if they would like. A Russian artist should be able to trade with a U.S. admirer.

The point has been made, not belittled, nor embellished. An individual is now a part of a global community, because we are connected. Assimilation is not the goal of any well-meaning person, and the way admiration drives the economy. It may be admiration of arts, or ideals (which are expressed through arts), and/or so on.

What is unique in one culture may be desired in another. Therefore: a currency was required to make such global trade possible, for the person who has the globe at their fingers. Bitcoin enables anyone, anywhere to purchase a good, regardless of governmental restriction or freedom. It allows a person to take advantage of data (collective knowledge) as currency. Therefore, objectively: bitcoin is the product of the battle for subjective individuality.

It used to be that spending could be done per community. Trade is still done within community, only the body has become much more vast. It seems, perhaps, the community has become a pathway to what a person craves. Bitcoin allows for purchase of those things, which we crave, even if they are across continental divides; and therefore bitcoin drives global community, because bitcoin drives global desire, on an individual level. It is quite the unique progression, in my opinion.

END ESSAY

P.S: I'd love likes, tips and shares. You might also like my other works, like my short fiction on reclaiming regretful decisions, titled: "The Fantastic Expungement of Henly York". Your support fuels my ability to inspire!

Yours truly,

C.K. Douglas

economy
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About the Creator

C.K. Douglas

I dedicate every work to these things:

For every child who has ever been stolen from, may you be bothered no more. You are worthy, and good, and precious.

For every sagely person who has ever invested in me - you are honored for your wisdom.

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