Re: Natural money

Natural money is the solution to many modern problems!

Friends, we think that development of a decentralized and a digitalized economy is a modern challenge for many countries, since states lose exclusive control over monetary policy. Adaptation and compliance with the requirements of time is one of the tasks of progressive societies. The scientific and practical association Jus Naturale sees launching a self-regulating tax system based on the state crypto currency, which we call Natural Money, a way out for countries in this situation. The idea of Natural Money is a modern interpretation of the Silvio Gesell free-money idea. It is natural money in conjunction with online clearing systems like GEO that could solve many social and practical problems facing the state while ensuring society in free circulation of goods and services. Since modern scientific community is not ready to discuss this topic yet, we offer advanced crypto-community our proposals for discussion and criticism.

Read more about the idea of natural money: https://jusnaturale.com/en/ideas/natural-money/

The idea is interesting, but it's highly depends on ability and desire of a state to cooperate.

This is the simple thing that I've said so many times on this forum. Governments, like anything else, are going to want to retain the power that they have -- they're not going to give up the power and the influence which they hold over their citizens and their economies just because people want them to.

This would work, and I've always said that Bitcoin and other ideals could work -- but they work at the whim of govenrments and how they feel as if they should regulate them.

Off course, I have always known that government won't relinquish the hold they have. The hold has always been used to manipulate citizens and make the government relevance.