Post
Topic
Board Economics
Time as a medium of exchange? Why do we use money?
by
MoneyIsWorseThanCancer
on 21/05/2018, 08:56:34 UTC
Hello, Normal everyday average guy here just wondering why

Why do we use money?

I see every other species doing fine without it, heck alligators that are even older than us seem pretty well off without it. So why do we use it?
If time is money and for the most part peoples time creates money and gives it a value why not just give people time or have people create there own time? I understand things also cost money but why not assign them an amount of time like a bag of chips is 10 seconds?

Would it be easy to create a timed currency using block chain?
one where you can reward users for their time (voting and making everyone a politician of the system could create basic income as there will always be time needed for people to vote if they wanted to create time)
and people could vote on what jobs should be paid a higher multiplier on someones time (reputation) we could call it.

^I know some people will be like well a doctor and a guy flipping hamburgers should not be paid the same but in my eyes I worked on a farm feeding all of you in my entire life and I had a handicap guy working next to me he would pick 1 basket and I would pick 20 baskets in a hour, but we both used an hour of our time, and I agree he should be paid the same as me for that hour.  Yes I know some people would slack off but there could be penalty time just like in hockey to if enough people gave that person negative reputation or something like that.

an hour would be with an hour, some people could make 5 hours in one hour because they have a higher stress job if people voted that job should get a higher wage, you could still tax the time to have public services (new government)

It just makes no sense to me to work for another mans money supply, I rather be dead to be honest. Why do we not all create are our money supply's for crying out loud a meme dogecoin has more "value" then my entire life.

so yah, why do we use debt notes instead of time notes? I think money is worse than cancer and is the real problem with our species and it`s enslaving us all please convince me otherwise