Expanded thoughts on DigCoin

[BBq]

Well I enjoyed the "Money as debt" and Digital Coin pieces and my conclusion from seeing that right now is that we need something as best as we can and sound and there have been a lot of systems used & etc.

The good thing about the Digital Coin idea, I see, is that you could still use gold if you wanted - meaning I suppose collectively people could have a public transparent universal trusted (because its fair) trading system like the DigCoin BUT if they wanted they can also trade anything and people would & could just use anything including gold, which probably will still naturally of course be used once in a while and so the real option is a competing currency system with kinda like a standard bearer like the DigCoin;

 also I guess this is more public controlled and run - the "black marquet" like drugs and prostitution and gambling etc even garage sales nowadays as long as they are illlegal people will not want a too traceable route and also we would not want where our money has traveled to be shared w/ 3rd parties and the government to spy on us either I would think, however I think in principle this system could avoid that and just make certain parts anonymous btwn people but not necessarily what the units where bought with, or have a way to protect privacy possibly (just an initial thought), so if its not forced at some point to validate its integrity and it stands on its own and there's no "666" mark that's in/on us than the question is if people want it - is to have our government introduce it first or some private sector by itself . . .

also trade with other countries seems like it would work since most countries would want to trade in an honest system and as far as practicality goes it may also end a lot of wars and government eaves dropping anyway since the system being more honest will naturally decrease the seeds of malpractice in its own and cut costs and from what I understand force a "balanced budget" and inflation is automatically adjusted. 

Hopefully this type of system also will be able to be practical for investment into future explorations like space travel and industry etc etc. which require a big investment.

Its kinda neat to think about the money system throughout time even from the Bible which says every 50 years to have a jubilee and forgive debt, to the mid-evil days and regular metal coins and now the notes we have - the market is like a natural democracy where we vote with our wallets so to say and hopefully this system could also encourage some of that. The barter type system though is pretty democratic and individualistic in many ways and it does make money valued in labor which side by side with raw material is an honest system.

And in closing here this would prevent a lot of the real fraud and give more individuals back their energy to focus on newer better things - and eliminate the need for a lot of the taxes we have like property taxes because to work it seems if we have an honest monetary system that needs to go hand in hand with being more honest and more self sustaining ourselves which require having rights to our land being more responsible to also produce more ourselves and not renting it like we rent our money - just like always this would be a step in the right direction and open our perception perhaps as well hopefully; it seems it's practically in place already we just need to filter out some things - also money would be more only used for what it is intended, for example:  campaigning by our politicians for money would be reduced maybe, and fines and fees would be demanded to be more proportionate in some ways and we would need to restructure some, which would be good most likely, esp some large corporations and local government, it would be harder to justify spending so much on private prisons because they may not be as encouraged to be profitable hence judges being caught as an example sending people to jail more oft because they were being paid off by those companies because they get a kick back from the  government, basically not give as much of an opportunity for fraud in any arena resulting in a benefit for the smaller businesses and honest transactions, hopefully this would not evolve again into a system we have now and once all is forgotten new banks will open up etc but I suppose we do need to be ever vigilante and maybe a revamped system back to honest principles and using accumulated awareness and new safeguards we will be able to live more honestly and open and to more of our potential and aware of whats going on and able