Do you want M0 Money?

deeponion (26)in #deeponion • 7 years ago

Hi, I'm Cryptomaster :) I'm one of the moderators @ deeponion.org.

This follows on from my earlier Steemit article on What is capitalism? What is capital?

https://steemit.com/deeponion/@deeponion/what-is-capitalism-what-is-capital

What's the M.O. on M0?

M0: This is a U.S. economic term for the total supply of all the physical denominations of coins and notes, fiat money, that a nation has in circulation. In the UK it is called the "narrow" measure of money.

These are three other categories that the U.S. Federal Reserve apply to the asset types of money which are assessed accordingly to their liquidity

M1: Defines funds immediately available including checking deposit savings accounts and adds M0 and is also called the “narrow money”.

Below is a link to the nations of of the world and their totals from the CIA World Fact Book.
https://www.cia.gov/library/publications/the-world-factbook/rankorder/2214rank.html

M2: Defines total of all savings accounts and time deposits held and adds M1 and is also called “broad money”.

Again below is a link to the nations of the world and their totals from the CIA World Fact Book.
https://www.cia.gov/library/publications/the-world-factbook/rankorder/2215rank.html

M3: Defines larger time deposits and institutional accounts and adds M2 however the Board of Governors of the Federal Reserve System discontinued the publication of this monetary aggregate On March 23 2006 shown in the link below.

https://www.federalreserve.gov/releases/h6/discm3.htm

This figure is also very hard to conclusively determine however there are a number who have attempted.

Considering again the total of US physical denominated money, we are given from The New York Federal Reserve Bank which published the article below in July 2013 which shows that the total minted coins and physical paper currency "in the hands of the public" was roughly $1.2 trillion dollars.

http://www.newyorkfed.org/aboutthefed/fedpoint/fed01.html

The CIA world fact book gave us a value in 2016 for the stock of broad US denominated money of $13,170,000,000,000

Therefore from this figure we can determine that 9.11% of the total U.S. broad money is actual physical dollar cash. However the U.S. Federal Reserve has admitted that the majority of this fiat currency in circulation is held and used externally to the United States. The majority of the collateral used to back the US dollar is pledged in the form of U.S. Government securities and gold certificates owned by the Federal Reserve Banks. Also in the item it describes that beginning in October 2003 newly redesigned notes began to be introduced in the United States which had enhanced security features to deter forgery.

This is not a factor in Cryptocurrency as it is completely impossible to corrupt the block-chain in any form at any time.

All the money in the World

Now let us look at the worlds total money in every form.

http://money.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization/

The above link is by Jeff Desjardins, from an item on the 17th December 2015, and gives a graphical demonstration of the worlds total money, other assets, debt and derivatives.

Here I have compressed the data into a simple table with previous and updated figures on bitcoin and silver

http://www.visualcapitalist.com/12-stunning-visualizations-of-gold-bars-show-its-rarity/

Amazing image from the article in the link above, again by Jeff Desjardins, showing a single 20.5 meter cube representation of the world’s total mined Gold

Does money work?
Do you work for money? Perhaps better wording would be, “Do you get paid for work?“, though an even better question; “Is money working for the majority?”

When you see money do you see a piece of paper or the labour of an individual?

When you see a cryptocurrency, is it the the name, the idea, the proof of script and or work.

What makes anything successful, great imagery, slogans, making it a brand, the product itself, and because of the employees themselves is what obviously ultimately decides, however there aren't many times that this coalescence occurs, when all are focus on the same goal.

Here at DeepOnion amazing things are happening.

There are many great articles here on Steemit and else where about people who joined DeepOnion and I have seen comments on the bitcointalk thread and else where about the fact that some members earn more than a years wage from just one DeepOnion cryptocurrency bitcointalk signature air-drop, due to the usual levels of income of their home nation.

However I live in a developed western nation and I earned 15000 onions in the past 7 weeks roughly the same and more than some leaders of nations of the World in equivalence.

Here is a link to the present value of the DeepOnion Cryptocurrency https://coinmarketcap.com/currencies/deeponion/

Now what a person is worth is defined perhaps by the talent they have, but also to what abilities they don't know they even have.

Here at DeepOnion we have members who love being involved in the community and it not just for the onions. Its because its one of the best and friendliest communities there is, of any online forum, and with everyone's amazing efforts whom become inspired to work for something they think is great, it shows that DeepOnion is more than just an amazing tor integrated secure and private cryptocurrency, it is fast becoming an intelligence hub for talent and creativity in many areas.

Some members have decided to create something for the first time in their lives, a poster, a slogan an article perhaps or even a video due to the positivity and atmosphere that surrounds DeepOnion the developer, Deeper, and the dev. team who stimulate everyone to realise their maximum potential.

In the process this not only helps DeepOnion be more successful but gives amazing opportunities for those to immensely further their future prospects in many ways and with the added bonus of onions from the DeepOnion airdrop signature campaign increasing your financial assets at the same time

The main rules of the bitcointalk DeepOnion airdrop signature campaign can be found on the front page of https://deeponion.org also here is a link to the first main ANN thread page of DeepOnion on bitcointalk https://bitcointalk.org/index.php?topic=2006010.0

Which while writing, is now at on page 1185, :) in an amazingly short period of time.

Here is a quick link to get to the most recent page of DeepOnion on bitcointalk

https://bitcointalk.org/index.php?topic=2006010.new#new

Even if you not eligible for the onion air-drops, you can still join the community forum where there are many rewards for the bounties and other tasks available which can be participated in and what you do that has a positive, beneficial effect and which brings success to DeepOnion is rewarded.

If you have ambition, a life goal to succeed and the drive and determination to see it out, to learn and to use your skills and to get noticed for your hard work, make DeepOnion your first call.

This is the most exciting Cryptocurrency ever, come join the deeponion.org/community and find out yourself. :)