Money is bits; the real economy is atoms.

It’s like a UUID in a database. I can generate millions of them a second; it’s no big deal.

The real economy is made of atoms. It’s all the activity of the biosphere that is essential to life.

When you understand it, you realize how evil it is to charge interest on these imaginary tokens, which have to be earned by moving atoms around with your body or the calories burned by your brainpower.

Even when gold or silver was money, usury was a step towards slavery, as what was really being traded was your future labor to repay what often didn’t even exist because of fractional reserve banking.

But now that money is just a row in a database, and the system is used for the benefit of relatively few people, it must be the mission of a free people to abolish this system and replace it with a more civilized one that works for the common good, rather than against it.

Yes, I understand that paper money has its problems and that the government can’t be trusted. But we already have cryptocurrencies and smart contracts, and we can do better.

Unlike Marxist socialism, which has failed everywhere it’s been tried, we have two examples that I can think of that did well but were destroyed by the usurers.

However, we aren’t limited by what happened in the past. We can learn from it and create something new, but in the same spirit.

Recently, I saw a clip from Elon Musk where he said that ultimately, the real constraint will be energy, not money. He’s right!

This is the promise of the Star Trek economy, but I would say the key to realizing it is not antimatter reactors and replicators so much as is wresting the control of money away from those who create it.

Did you know that the Federal Reserve is owned by its member banks, which are ultimately owned by private citizens, not the government?

It was secretly passed into law when Congress was out of session, and soon thereafter, the income tax was created. That was not a coincidence.

Some shadowy, rich cabal creates money out of thin air, loans it, and you have to work and pay it back. It’s a scam!

I remember when I first got interested in politics and how I was such a huge fan of Ron Paul.

Everything he said made so much sense, and I was on board with ending the Fed and making gold undergird our currency again.

However, as I’ve learned more, I realize that as much as I respect him, he was only partly right.

We need to end the Fed, but more than that, we need to ban usury and move to a system where money is used for the common good.

Because even when gold was money, the bankers used their money power to buy politicians and start wars.

To the point, not even Bitcoin is good enough because it’s based on proof of work, there is a max of 21 million Bitcoin that will ever be, and it can be hoarded by the wealthy to maintain their power.

I don’t know if you’ve followed Ashton Forbes and his ideas about zero-point energy, but money is basically like that.

And as such, we should be able to crank the money generator and let those bits flow so we get people to move atoms around and prosper.

Currently, when Congress passes its budget and can’t pay for it all with taxes, the Treasury borrows money from the public via Treasury bills and bonds.

If there isn’t enough demand, the Federal Reserve buys securities on the open market, usually from commercial banks by electronically crediting the banks’ reserve accounts, effectively creating new money that the government uses to pay its bills above what it takes in from taxes.

Here is the crazy part: we are being taxed to pay interest to PRIVATE corporations!

Here’s a quick breakdown of who owns the US federal debt:

U.S. Government Agencies and Trusts (Intragovernmental Holdings): ~20% Federal Reserve System: ~13% Mutual Funds: ~12% Foreign Governments and Private International Investors: ~24% Individual Investors, Pension Funds, Insurance Companies, State & Local Governments, and Other Domestic Private Entities: ~31%

Now imagine a system where money could be created without interest, issued to do real work, and then destroyed when not needed to prevent price inflation.

It would be like electrons being generated in a power plant, heating your home, and then dissipating into heat and entropy, only with money, there would basically be no cost to create it.

Now I’m sure there are lots of caveats, and I want to learn a bunch more math and computer science to model all of this, but it doesn’t have to be the way that it is.

Right now, we are cattle, sheep being shorn for no good reason except to fatten the wallets of those who are already rich to an ungodly degree.

I’m fired up about this, as you can tell, and I look forward to diving deep on all this stuff in the future!