If this sounds like madness to you then consider what happens when you walk into a bank and ask for a mortgage. The bank pushes a button, transfers a number to your account, then tells you that this number represents a 'debt' and that you must spend the next 20 years paying off that debt. Who would possibly accept such a system?
My system would be an illusion, just as the existing system is also an illusion. The difference is that my illusion works to everyone's advantage.
There is a profound difference between the two "illusions". The first one is not an illusion because it is stabilized by a power-law distribution of wealth, i.e. a power vacuum has been filled so that society can function. Whereas, yours is commonly known as communism where "we can give away from free, what is not free" which results in the end of all production and megadeath.
STFU idiot. You are not smart.
No, this is a complete misrepresentation. My proposal is for a decentralised currency that eliminates the need for banks (central or otherwise) but still relies on a free market system based on open competition. It's no more an example of 'communism' than Bitcoin itself. Have you ever heard of the open source movement at all? Doesn't its existence contradict your unqualified assertion that my proposal will result in the "end of all production and megadeath"? Hundreds of millions of people donate their time and energy freely each and every day. Are they 'communists'? Are you saying that people who love to design new buildings will stop designing new buildings? Are you saying that people who love using their hands to build or grow things will stop building or growing things? What on earth is the matter with you? Your hyperbole is so ridiculous that it really doesn't deserve a response at all.
Please stop thinking you have an original idea. Karl Marx beat you to the concept by a few generations.
Not at all. Marxism is a bit beyond the scope of this thread, but if you care to PM me then I'd be happy to discuss the subject.
HS