the true backing of currency is will, and the power to enforce that will.
the will to guide the current and flow of energy,
and the power to enforce this flow of energy.
the knights templar and their original credit/deposit/withdrawal system was backed by sword.
'currency' requires scarcity. This is maintained by force.
today digital notes get conjured into reality, and then handed out to organizations who are aligned with the conjurers. Grants, military contracts, blackrock and banks. This 'current' directs energy in labor and goods to those areas that the state has allowed, and which ultimately must benefit the state overall.
there may be some scraps at the bottom not directly serving these state purposes, but it's usually providing some service to those who do serve the the purposes of the state.
try to sell drugs on some gang's territory without kicking up a percent to that crew. you'll get iced.
likewise, try not to pay the taxman and face the force of the state.
any purchase of land would ultimately trace back to some claim on that land made by the state, which was done drawn ultimately by the sword, and likely agreements with the higher-ups. so any further claims on the land ultimately must be compliant with and endorsed by the state (see: ruby ridge, waco, move, etc.).
so unless some group of people had a force of their own and were able to maintain their own land and currency, some alternate currency which allowed the current of energy resource allocation to be diverted from state desires would not endorsed by basically all world governments, and would face elimination via any and all means necessary. and the people maintaining the state currency and flow of resource energy have the will to do anything required to maintain that control.
sorry for the rant, some of these crypto guys seem to thing anyone can just walkaway from the table. problem is it's a zero sum game, and the state is playing for keeps. they seem to miss the fact that basically every state organization, world govt, bankers, intelligence agencies, militaries, covert operatives, etc. will do whatever is necessary to prevent that.
also the idea that current state fake money is 'backed by nothing' isn't really true. it's backed by the force of the state for you to comply with it's terms of energy allocation, and by the force of that states military and government to comply with the major world governments, bankers, etc.
the true backing of currency is will, and the power to enforce that will.
the will to guide the current and flow of energy,
and the power to enforce this flow of energy.
the knights templar and their original credit/deposit/withdrawal system was backed by sword.
'currency' requires scarcity. This is maintained by force.
today digital notes get conjured into reality, and then handed out to organizations who are aligned with the conjurers. Grants, military contracts, blackrock and banks. This 'current' directs energy in labor and goods to those areas that the state has allowed, and which ultimately must benefit the state overall.
there may be some scraps at the bottom not directly serving these state purposes, but it's usually providing some service to those who do serve the the purposes of the state.
try to sell drugs on some gang's territory without kicking up a percent to that crew. you'll get iced.
likewise, try not to pay the taxman and face the force of the state.
any purchase of land would ultimately trace back to some claim on that land made by the state, which was done drawn ultimately by the sword, and likely agreements with the higher-ups. so any further claims on the land ultimately must be compliant with and endorsed by the state (see: ruby ridge, waco, move, etc.).
so unless some group of people had a force of their own and were able to maintain their own land and currency, some alternate currency which allowed the current of energy resource allocation to be diverted from state desires would not endorsed by basically all world governments, and would face elimination via any and all means necessary. and the people maintaining the state currency and flow of resource energy have the will to do anything required to maintain that control.
sorry for the rant, some of these crypto guys seem to thing anyone can just walkaway from the table. problem is it's a zero sum game, and the state is playing for keeps. they seem to miss the fact that basically every state organization, world govt, bankers, intelligence agencies, militaries, covert operatives, etc. will do whatever is necessary to prevent that.