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Message Subject what are the advantages and disadvantages of declaring personal sovereignty???
Poster Handle Anonymous Coward
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Ever hear the phrase "Time is money?" Yeah. In ancient Egypt for instance many historians actually don't consider the populace as slaves because they didn't work for the empire all year long, they had a certain amount of time they were to work in service of the empire and this was tax, the rest of the time was theirs to do as they please, assuming they didn't break any of the empires laws with that time.

As populations grew it became increasingly hard to keep track of who had paid their "taxes." Currency was invented so that none should be able to give or receive, buy or sell, without having received a mark of service from the emperor. Currency was invented to help keep track of who had paid their taxes to the empire. If you hadn't paid your taxes you could not buy or sell so rather than have people come to your home and bring you to work you would simply come on your own because you needed to receive the mark of service.

Mark o da beast.
 Quoting: Anonymous Coward 19588417

Money is not imaginary. Money is a division of worth of labor. Since I can trade my Dollars for goods and services and I must provide goods or services to make more of that imaginary money- it has value because we agree it does.

The barter system is too hard. I need some Apples but my skill is Home building (not really, but...) there is no way to really trade this- So we provide a "perceived value" attached to the currency (be it Gold, Silver , paper or electronic) which I can parcel out into smaller purchases.

Funny the people who keep hawking this "Imaginary paper fiat money" ideal will gladly take your Dollars for their services (and spend them) and will gladly take your imaginary paper dollars for their "real" Gold.

Again, Philosophically speaking you are correct. real World application, not so much.
 Quoting: Goodmen 16778386

Before the invention of currency did not exist the barter system. Economies were called "Gifting" economies where citizens of the empire simply gave to one another without the expectation of immediately receiving something in return. It was assumed that as a citizen of the same empire you were worthy of receiving a gift.
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