Quote from: Propulsion on August 31, 2014, 05:00:26 AM

Quote from: Ximp on August 31, 2014, 04:57:12 AM

I think World-Dollar will totally revolutionize the financial landscape as we know it. The team behind it is amazing and so connected! Soon the human race will reach a level 3 civilization because of the total equality that World-Dollar is sure to provide. I can't believe nobody tried this revolutionary and groundbreaking idea. Bravo, sir. Soon we will all be one and ascend to a higher plane.

They did, it was called socialism; it failed.

The objective is not to bring "total equality" to the world, what made you think that? The objective is to provide a currency that is virtually guaranteed global acceptance, due to the equal distribution, rather than equal outcomes. The political ideology behind this is libertarian, rather than socialist. We believe in a currency that is not subject to manipulation by central authorities, arbitrarily benefitting its producers (and typically, first recipients) at the expense of all others. Also, money needs to be a good serving as a medium of exchange, rather than being based on debt. To understand why a debt-based monetary system is fundamentally flawed, read this section: http://www.world-dollar.com/debt-based-monetary-system-debunked/