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Since America is bringing back kings what other kind of stuff is on your medieval wishlist? (lemmy.world)

submitted 1 month ago* (last edited 1 month ago) by Clinicallydepressedpoochie@lemmy.world to c/asklemmy@lemmy.ml

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[–] darvit@lemmy.darvit.nl 3 points 1 month ago (1 children)

Good luck having global trade with that.

[–] kibiz0r@midwest.social 6 points 1 month ago

I think Rushkoff's notion was that new local currencies would be in addition to central currency. It just allows businesses to give a discount to transactions that will keep the wealth inside the community.

It's a neat idea, I just don't know how you would protect it from financial services turning it into yet another abstract tradable asset that undermines the original purpose.