this post was submitted on 26 Mar 2025
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Isn't that essentially what we have now with foreign currencies? It doesn't seem to do much to curb international transactions, except create an industry of middle-men exchangers.
Maybe I misunderstood, but I was thinking more along the lines of: I'm a tailor, and you're a farmer. I need food now, but you will need 3 shirts in the future. I give you tokens to use for the shirts when you need them, and in exchange you give me some food. So it wouldn't be a state currency, but something we might use for convenience in agreeing to a trade. Admittedly, I just thought this was what was being discussed, and I haven't given it much further thought.