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Message Subject Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
Poster Handle Anonymous Coward
Post Content
Every economy has an ultimate implied owner The economy itself has an implied owner. In the common modern economy, the owner is the one that creates and manages the NUMBERS. The bond numbers, the certificate numbers, the account numbers, the person (social) numbers, etc. That entity is the owner, and that entity dictates the rules.

In an alternate economy, the entity that mints the currency, or possibly manages the currency is the owner. At the base level, the one that brings the rain, causes the wheat to grow, feeds the cows, etc is the owner.

When building an alternate economy it is very important to:

a) Not depend on any oracle that is dictated by another economy. An example would be the market value of silver.
b) Remember that every economy has an implied owner. Take time to identify at every level / point who the implied owner is. Make it as decentralized as possible.

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