Sovereign Money Critique – Money as Debt Blog

Essential viewing on money and the banking system. Money As Debt is a fast-paced and highly entertaining animated feature by artist & videographer, Paul Grignon. It explains today’s magically perverse DEBT-MONEY SYSTEM in terms that are easy to understand. Jul 18, 2020 - Explore Carlos Mendes's board "Money2.0" on Pinterest. See more ideas about Bitcoin, Blockchain, This or that questions. by Paul Grignon. I claim the so-called “sovereign money” monetary reform movements are all misguided. That is because they mistake the root of the problem for the remedy. They do this because of habitual educational and ideological blinders which result in a stubborn refusal to think through the logical repercussions of lending in a limited ... Bitcoin and all such coin-model cryptocurrencies are theft by Paul Grignon, creator of the Money as Debt Trilogy Nov. 4, 2019 Most of us understand the basic principles of fairness. If four people contributed equally to making a pie, would they welcome a fifth claim on the pie from an outsider who contributed nothing? Of course not. Why should they? But when it comes to cryptocurrency, both ... The Lightning network is off chain distributed network that depends upon the underlining technology of the blockchain. Since the bitcoin blockchain network suffers from constant congestion and processing fees have reached high prices, clearly this prevents Bitcoin from becoming a Peer-to-Peer Electronic Cash System. The Lightning Network promises to solve scalability issues by moving most of ...

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