You are viewing a single comment's thread from:
RE: People don't understand money. We really should. We really should try to explain it super simply.
Thinking about this ... I'd like to add ...
As things stand in our society/economy money depends on trust ... but really it is energy, or at least a symbol of it. We generate it with our energy and agree to recognise and value that energy in the money-symbol.
Where the symbol is privately-owned and lent as debt+interest it is a theft of energy and an abuse of trust.
Steem is not debt - we create it directly with our energy, no middle-man, and interestingly, no trust required. Just the blockchain.
Awesome. Game-changing.
Anyway, great post which has generated an interesting conversation.