currentsea x-change

8/17/2019 CurrentSea X-Change

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CurrentSea X-Change

By Ting Tsu Yu

A provisional perspective on cash, coin, capital markets, and other original pecuniary options.

“Any thing is orth only hat others are illing to trade !or it, including time." -#oney $ser

Tender, legal enough !or ta% collection, is o! course minted &y the poers-that-&e in each locality, &ut

hat a&out gold, 'eels, or other valued treasures small enough to !it in your pocket or satchel( )oould a shop-keep or grocer even process a payment i! someone o!!ered to pay in gold( These days,

retailers typically on*t accept anything &ut local currency, unless the &arter proposition is orth their

hile. Cash asn*t king &e!ore it as created, so hatever as, is orth investigating in attempts toinspire &etter-than-current options, may&e even mani!est the &est monetary system imagina&le.

+ocal aper

See #assachusetts Berkshire County*s Berkshares currency !or a live case study. ! your community

adopts a local complimentary cash system &e!ore any potential capital collapse or ild sing o! value,

your community is more insulated, insured, and &etter o!! eathering economic tur&ulence. ! manycommunities adopt a similar approach, it could trans!orm “too &ig to !ail conglomerates" into &anks

“too o&solete to stay in &usiness." eople poer is the ultimate poer-play, and an aligned movement

can check any institution.

lectronic Currency

#oney systems, electronic or not, are strengthened &y ide acceptance and con!ormity o! participation.! the general collective adopts transparent BitCoin-type money !or online spending, its value is still

entirely dependent upon electricity. lectronic e%changes are even &etter than cash !or large

transactions, &ut printed cash is dependent only upon the illingness o! acceptance.

! someone o!!ered you, say, a thousand, !our-dollar &ills, you*d likely laugh. But i! you ere o!!ered!our, thousand-dollar chips !rom a near&y casino, could you tell i! they ere !ake( )o a&out the

un!ortunate !olks ho*ve &een, say, tipped a counter!eit &ill(

“! any &ill gets passed ten times &e!ore &eing e%posed as !ake, the !irst nine !olks still got their

money*s orth." -True Banker

/old miners and ol*time smelters o! ne-!ound metal ere, in a ay, counter!eiters i! they dipped alesser metal into gold to create plated coins. Yet still, the coins added more value to the collective that


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asn*t counted &e!ore. But ho says gold is valua&le, anyays( t*s certainly not edi&le. t may &e nice

to adorn onesel! ith ornamental shiny things, &ut have you ever held a &ar o! gold( magine carrying

around a 01 l& &lock o! metal orth 122k, 'ust to make a payment. 3r go grocery shopping.

Countries may &uild their currency upon precious metals !or credi&ility, providing “reassurance" thattheir assets are heavy, yet today, gold standards have a reduced purpose due to &eing logistically

&urdensome !or typical transactions. As an investment, hedging agent, or insurance policy, a giant

stockpile o! anything ith high value also &ecomes a lia&ility to protect. n this day and age, it makes4ero di!!erence on regular !olk*s &ank statements i! 5t. 6no% is !ull o! gold, or empty.

)ypothetical Situation

Say the day arrives hen the $S dollar collapses like a house o! cards, and other countries aren*t

illing to touch dollars or $S &onds. 7hat then, !or dollar users on $S soil( t*s a mental e%ercise !or

emergency preparation, so ho ould you introduce a ne !orm o! money in short time, &ut !airly( 3!course the &est anser is8 consider all options, and put it to a vote. A rong anser is8 reard those

hose !ailures &rought a&out the emergency.

9uantitative asy

Any government could spread the !ruits o! !iat currency out across the collective population, placingspenda&le cash into the hands o! those ho actually spend, as opposed to those ho hedge, day-trade,or hoard capital. A $niversal Basic ncome could royally !lush the system o! piggy &ankers, and e%pose

the !las in our current !orm o! crony-capitalism as a clever cover !or neo-slavery &y !ocusing priority

on making poverty o&solete. A !unction o! $B ould put a real price on hat everything, &esidesnecessities, is truly orth.

A Blue rint

#ulti-tiered currency as introduced &y :uke ;ohnson in the article titled The Blue rint, can*t &e

claimed as un!air i!8 basic bucks are provided !or necessities, any e%isting currency


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Creating lo-to-no-cost complementary currency can &e as simple as typical paper money enveloped in

clear plastic cellophane or lamination, here collectives adopt a &rand or sticker seal, possi&ly here

employers or e%change agents add their personal logo or stamp. The goal8 !or &ills to &e trans!erred ten

or a hundred times locally &e!ore &eing unrapped to &e sent &ack to their source, or traded outside thecollective. Transactions could &e counted &y stickers stuck on the clear cover, sealed &y the trusted

local logo, to here the enveloped &ill &ecomes orth one additional unit per use hen traded &ack to

the original seal agent. So instead o! a gold-standard here &ricks o! precious metal lay dormant, andcomplementary to &onds here interest accumulates via time@risk, simple use o! plastic adds value to

an already esta&lished system, here local transactions, or primary use, get rearded. #ay&e even use

stacks and rolls o! common coinage !or accounting, or a coin-standard, !or additional !unction and!easi&ility. #ay&e a sticker gets peeled per use, to &e stuck onto any coin, to &e orth a dollar at the

source.

6ey point8 opportunity e%ists !or innovation ithout using a mint, or including those ho operate

mints. #ain takeaay8 communities can use creativity and colla&oration to augment any e%istingcapital.

)ungry, 5or #ore 3ptions(

! all your local !ood sellers accepted A ne currency only, a choice ould &e thrust upon yourcommunity8 either adopt, or adapt. ! they &egan also accepting A ne local currency, the transition

ould &e !ar smoother to ease into.

:ispensing ne tender o! a pre-determined daily amount, could &e &oth !air, and !un. %isting &ankscould &e e%cluded &y utili4ing AT#*s, non-pro!it e%change agents, and community gathering places

here, say, neat games trans!orm Cents into more valua&le currency than dollars, local participation &y

desire.

%Cents

n case o! emergency, or a citi4en-driven movement here a government opposes signi!icant change, it

could make sense !or citi4ens to revert to coins !or common, lo-relative value transactions due to

coins tangi&le a&ility to restack value on a pure num&er &asis. Coins aren*t normally melted don !oranother purpose, so their advantage has staying poer, and they possess a year date hich could &eimportant !or creative di!!erentiation. At that point, coins &ecome recogni4a&le resources o!

standardi4ation &y common origin, their value still entirely dependent on illingness o! acceptance, &ut

strengthened &y con!ormity and increased participation.

The oer 3!

A currency &alance could &e accomplished several ays, here say, all coins and cash carry the same

value, o! one unit, on all necessities, on eekdays only, &ut not during &usiness hours or on holidays, or

hatever. ! every penny as no orth dollar, hunger and housing-!irst &ecome directly addressed,

then don the road, more people &ecome empoered in deciding ho to spend time, as opposed to

&eing constrained to trade time.:ispensing &y :esign, and Chance

mployers o! local citi4ens could, !or e%ample, trade uarters !or hundred-unit &ills to pay orker

ages !or top priority pro'ects. n addition, &y including a !actor o! chance here everyone ins, &utsome in more than others &ased on luck and age, ould incentivi4e participation, ena&le de&t

clearing, and trans!er real-estate onership rights &ack to the people or local collectives, and aay

!rom institutions that operate !or pro!it-a&ove-all.

7e 7on


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6ids ages 1-0 could trade one penny !or a ne dollar everyday, &ut i! the eekly Saturday kid heel

lands on their year o! &irth, a @D chance, their payout is a tenty


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as opposed to a central &ank hose presence is that o! a !oreign entity. t*s tricky, &ut possi&le ith a

large enough collective o! clever creators and determined citi4ens. Also, your layer reminded me that

in lieu o! payment, euations can also &e &alanced ith services rendered. So, you can oe me... !or

the tip.

Banking is Also Tricky

Banks are kept in &usiness &y charging interest and !ees, repossessing assets, and ensuring sa!e trading

and storage spaces. But &ankers are rearded !or driving up in!lation and pushing don citi4en

purchasing poer, relative to those at the top o! the capital pyramid-scheme, thus making people moredesperate and vulnera&le &y design. Banks in current !orm can &e !lipped out o! &usiness, or made

o&solete, i! enough determined !olks are illing to &oth learn and adapt small scale local currency

trading, and &y leveraging !air and transparent money usage.

“>everse the o&verse &y turning the tide on !ace values, )arriet Tu&man style." -#iss ;ackson o! the$nderside

art 08 rime %isting %amples

7hose )ouse is 7ho*s(

Casinos have alays had a seat at the currency ta&les, sometimes in the shados, yet gam&ling e%isted prior to capital markets nonetheless. A casino operator seeks to host, entertain, and sometimes spa-spoil

those ho don*t gam&le 'ust to &ring in additional revenue, &ut the poker ta&les are a !ascinating !ield!or o&serving currency sets. ut a card-shark hustler near a monopoly-type &anker and it*d &e like a

+a&rador meeting a sea lionH o&viously di!!erent, yet striking similarities. Both &ark, &reathe, and

sim, &ut i! set to compete in a SeaCurrent, underater simmers in every race. :ogmatic &ankerscan*t legally tilt !lo in stock markets, yet cheaters do so routinely, ithout punishment, there&y

reducing determent.

“)ustlers are e%pected to lie at the ta&les, &ut &ankers can &e &lu!!ed into laying don a loan." -Chort

Cellers

5old $p or Shodon

By noting the di!!erence &eteen casino chips at cash games vs tournament poker chips, !iat currency

on a micro, ratio-level is displayed !or !unction and utility. At a high-stakes cash game, hy push

around and restack thousands o! one-dollar chips each hand, hen thousand-dollar chips can &e

utili4ed( Card rules are the same hether or not the stakes are high or lo, &ut i! a high-roller enters alo-stakes game ith a single chip orth more than all chips currently in play, s@he ho holds the

eight advantage is o&vious to the players, &ut not necessarily to casual o&servers. Any house ould

make the e%change simple, &ut in a game played in, say, 'ail, here the 'ail-&irds ere using pennies

and nickels, ho ould they account !or a ne-!ish 'oining their ta&le ith only one, hundred-dollar &ill( )o many times ill that &ill get traded &e!ore it leaves that 'ail-house( 7hat else could one

piece o! paper possi&ly &e use!ul !or in such a dark place(A #oon-lit #eal(

A standard card house can illuminate hy &anks are also houses o! cards, in the right light, and hint tohy casino &ankers operate in “cages." ! people ant to play cards !or a living, ith private capital,

they can in casinos. But do 7e The eople !ind it accepta&le that some !olks earn &illions o! dollars &y

changing money, hedging against humanity, or hustling consumer markets ith other people*s savings(

A negative symptom o! “too &ig to !ail" &ankers &ecomes their relative &uying poer to purchase, say,!our or !ive lu%ury homes to let sit vacant, !or the purpose o! investment, there&y in!lating housing


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prices !or those ho actually need one home, and reducing overall &uying poer o! all others ho use

money or need housing. +everaging other people*s assets to e%ploit supply and demand &y tilting !avor

and inducing poverty may &e legal, &ut it*s not moral.

“7all St. doesn*t actually make anything, e%cept everything more e%pensive." -:ay Trader

Arti!icial n!lation

t*s knon that e%ecutives spend outrageous sums o! institutionally !unded, pu&licly-traded !irm*smoney entertaining clients at lavish restaurants, or on a&surdly priced &ottles o! ine or hotel rooms, to

then “rite o!!" as ta% e%empt e%penditures. Aside !rom escalating the cost o! doing &usiness,

e%ecutive?s illingness to pay any price i! purchased on e%pense account drives up the overall price o!dining, travel, and leisure !or !olks ho aren*t paying ith other people*s money. That*s &usiness, and

ho capitalism orks, &ut hen the service orkers don*t earn enough to also eat out or travel

leisurely, they uit or protest, hich is also ho &usiness operates hen capitalism doesn*t ork ell!or all involved.

:ark #oney

7hat &ene!it does a massive o!!shore savings account do !or any ta%-avoiding !irm, &esides rendering

ealth temporarily useless( Similar e%tractions o! capital &ecome dangerous hen scrutiny-avoidingcriminal empires amass vast saths o! cash that can*t &e legally deposited into &anks. :irty moneyusually gets used !or other shady activity such as payo!!s to corrupt o!!icials, money !or kidnapping,

contact killing, drugs and prostitution, etc, hich in turn !urther !uels the corrupt under&elly, and

un'ustly reards those ho manage to stay a step ahead o! the la, or hom authorities deem “too poer!ul to prosecute."

Since the invisi&le hand o! the market appears to have &een severed !rom the long arm o! the la,

&alancing over-compensated centrali4ed &anksters out o! the collective euation is orth every penny,

especially !or those ho pay the highest premiums to su&sidi4e criminal &ehavior. So hat*s preventingus !rom mani!esting a &etter money system(

Black /old

3il, and thus petro-dollars, has &een a ma'or !orce &ehind the currency trade !or generations, &ut ho

ants &illions o! &arrels o! oil i! the primary use 'ust &ecame o&solete( The only appropriate anser is

The /round, and neither The Sea nor The Sky ants oil at top or &ottom dollar. nergy that doesn*treuire economic dependence or polluting the environment is availa&le, yet suppressed due to the

“poers that &e- greedy." ISee Gikola Tesla and those his ork has inspired.

;ust to &e clear, ars have &een aged due to oil*s !orced demand and the energy industry*s control

apparatuses, there!ore, it*s risky &usiness to poer-play the oil cartel ho protect their dirty assets ithheads o! states on puppet strings hom e%ert military muscle. 3il &eing used as money has made !ar

too many people !ar too ealthy to ignore, there!ore radical collective change is likely reuired to

avoid the &lack-oil slick-!alls o! continuing to reard the rong industries. ndustrial hemp and

canna&is seeds could trans!orm the entire system, in a ay that improves the &io-sphere as opposed todestroying our collective home, as )enry 5ord claimed ages ago.

/et Your /reenBack

There is not one logical argument hy industrial hemp as prohi&ited or is kept illegal, and those ho

claim that a rich natural resource should &e o!! limits to !armers and@or consumers, are as dangerous tosociety as spilled-oil is to our ecology. )emp is !uel !or e!!iciency, and interestingly enough, hemp

paper as at one point used !or $S dollars, aka green&acks. ISee 77 era !ilm )emp !or Jictory


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+ocal :epartment o! Common Cents

The true test o! any currency value is its purchasing poer per unit o! account, and ho many o! those

units your time is orth, especially hen orking !or someone else. #oney is !ar less valua&le to

greedy piggy &ankers and capital hoarders i! it*s reuired !or !ar less. So hat other ideas can makemoney more e!!icient and !air !or all( )int8 !ocus on providing hat people need, !or less, there&y

countering those ho seek to su&'ugate &y doing the opposite.

“5inancial !reedom ena&les independenceH and hen living is cheap, li!e isn*t." -Ting Tsu Yu

>oyal /ri!!in u&lishing
https://www.amazon.com/dp/B073ZMPM3Thttps://www.amazon.com/dp/B073ZMPM3T

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