Quote from: Welsh on Today at 01:13:40 PM

Quote from: Obito on Today at 12:58:39 PM

It is unreasonable but it is effective and for how long it has been in our civilization, I think that we will have a hard time uprooting this system because it's coupled already with the global economy and global supply chain and what happens when we take away a keystone to those things, it will eventually collapse, it's a parasite that we can't remove.

Not exactly effective. Most of our world chases money, and neglects more important factors. I like the saying that we work to live, and not live to work. However, the reality is most people live to get money, and then they don't even enjoy it when they get it, because by the time they've amounted any sort of substantial earnings, they are on their death bed.

The system is designed to keep the poor, well poor, and contributing to the wealthy companies that pretty much rule the world. So, no the current money system makes no sense, yet people contribute to its survival every day.

Unless by effective you mean keeping those that control things rich, then yeah its pretty effective at that. However, what is clear is there are far more people unhappy with the current implementation of our concept of money, than there is supporters of it.

Exactly the current system is survival run in which only who have funds can survive and the most of worker class or employees are working hard to fill the pockets of some businessman who are giving them small share of their earnings only and becoming rich from it.The government prints new notes in any case of deficit and devaluing the fiat currency and cannot counter the inflation.The tax payers are mostly the normal people and rich ones are getting subsidy if they give it to any charity which is also being run by them.The current monetary system all over the globe is fucked up and the reserves are not actually backed up by anything.The people follows their normal routine of waking up and doing the same work to earn bread and butter for their family and in turn getting nothing much.In the current time savings have become an issue because you cannot save much as minimum wages have not grown substantially with inflation and still they think people can survive all that things? But with introduction of bitcoin the financial revolution is basing up the people's mind to get free from all those problems and setup a life for themselves also.