The Value is the intrinsic quality of an item, its price is the subjective measure of this value. … Can you tell me if the fiat money is the best option to determine the price ???
In History, there are 3 kind of currencies :
- The Gold/Silver money
Its value is based on its content in precious metal and the price of this matter.
- The Token
Without intrinsic value, it’s a useful medium of exchange in a community, linked by a common project
- The Fiat money
Fiat money is guaranteed only by the signature of the State which made it a legal tool for payment.
With the concept of “Outsourced Resources Banking”, we consider the possibility to create some “Ad Hoc” currencies ….. convertible each time in a tangible “money asset”.
Instead to create public money from Credits, we could create temporary money from projects.
50000 years ago, several human species existed on the Earth … The Homo Sapiens has won the “battle” because of its intelligence and abilities to communicate with a complex language …. So, he could use tactics ….. The other human species like Neanderthals has used only the physical strength and the toughness …..
Remember the Latin quote "Homo homini lupus" meaning "man is a wolf to [his fellow] man."
Money is a big part of the human comedy …. But we hope on this research blog developed an useful concept to
cope with the world wide monetary problem
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