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May 19, 2012, 05:52:50 PM

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This forum is primarily for the discussion of developing monetary systems like Digital Coin, but also existing alternative and mainstream monetary systems past & present. It should be used thoughtfully to both present and study such systems in an open, objective, and active manner. Please leave your politics at the door. Those coming to grandstand or otherwise play politics, will be removed. Stick to the facts and reference all that you are able.

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Author Topic: Gold  (Read 934 times)
mattdude
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« on: October 04, 2009, 04:20:09 PM »
I believe that GOLD is a valuable basis for currency, and perhaps for the 'Perpetual Coin' because in a global recession / drought / economic meltdown, it would retain its value to the most wealthy of people [due to it's shiny appearance], and the most wealthy would be most able to help others with things like food / clothing / shelter.

The impoverished and hungry could at least come running with their gold in hopes of being fed and kept alive.
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swingarm
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« Reply #1 on: November 02, 2009, 10:18:31 AM »
Gold retains it's value because it better represents real labor and scarcity, not it's beauty, although it is quite beautiful. 
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