Interesting read and I can see how the lack of a monetary authority leaves less chance for exploitation. However, in 2024 we’ve lived for about 8 years in a world with Bitcoin. Bitcoin is decentralized and immutable. It has made the world take a second look at the concept of money. I don’t see how cryptocurrencies like Bitcoin should not exist in your society. Rather than carry an IOU for avacados I can just take my Bitcoin or whatever over to someone who has avacados in stock. You wouldn’t want that ability?
Interesting read and I can see how the lack of a monetary authority leaves less chance for exploitation. However, in 2024 we’ve lived for about 8 years in a world with Bitcoin. Bitcoin is decentralized and immutable. It has made the world take a second look at the concept of money. I don’t see how cryptocurrencies like Bitcoin should not exist in your society. Rather than carry an IOU for avacados I can just take my Bitcoin or whatever over to someone who has avacados in stock. You wouldn’t want that ability?