Create Your Own Currency | Libertarianism, Agorism & Counter-Economics

in usa •  last year 

As I've learned more about crypto, I'm not entirely against the concept of fiat currencies. Don't get me wrong, I value fiat paper currency less than physical commodities or coin-based fiat. In counter-economics and agorism, you work outside of the traditional mainstream methods of finances and trade.

In the old days, Scrip was a concept for mining towns. They created their own currency, their own IOU, and vouchers. In the age of the internet, "Scrip", has turned into reward and loyalty points from corporations, like highflyer miles at airlines. All centralized.

In history, even banks created their own IOUs, their own fiat currency that competed in a more free market than what we have today.

Cryptocurrency takes the best of both worlds between the scarcity of physical objects and the characteristics of fiat currency and scrip, just with the added benefit of decentralization.

I tell people all the time to "tokenized their family", and create a token for their family to use through blockchain technology. Create your own cryptocurrency, or crypto token, and put faith in your family's trust in your "FamilyCoin", so to speak. Decrease your usage of paper fiat currency and break away from mainstream federal currencies.

Create your own.

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