Quote from: johnyj on March 10, 2015, 11:53:38 PM

Quote from: redsn0w on March 10, 2015, 11:08:09 PM

Will you live without money? I think the answer will be "No". It is a big problem to resolve and I think it will pass a lot of years maybe centuries before that there will be a real "change". We need a real revolution, that has to start from the citizen (maybe better to call it not citizen but human).

Great, that's the purpose of this thread: I want to research, what kind of thing can be used as a standard unit of value universally?

I have thought about many different candidates like air/water/food/time/energy to use as currency, but later I found out that value is all subjective, once you get enough of the currency, their value will drop for you

So the way to make currency's value stable is to make the demand infinite, e.g. make most of the people poor, then the currency will become stable

Or the other way: To make the supply side extremely constrained, thus no matter how small the demand is, the value never drops, just like those art paints and antiques

Another consideration: It may not be important to be stable, it just need to be predictable. For example, with bitcoin as currency, a long term appreciation against other things is guaranteed due to limited supply, thus people could easily reach a consensus about this character, then it can be used as a benchmark to measure value, since everyone knows that the value of this benchmark itself increase at a predictable rate

We can use whatever we want as a standard & universally unit of value. Remember that everyone has the right to issue his own money, I'm not obligated to accept euros, dollars, yen, etcc for my "service" o for buy and selling things ; this is the craziest thing in the state, you were born and you have accepted automatically all the rules of the state contained in the "social contract" this is not "democratic".

However I haven't a valid answer yet, but I have already explained my thought. Thanks for the attention.