|
The only "currency" that has real value, that is less vulnerable to value manipulation (be it fiat or digital "cash") is a commodity with essential human value - such as a non-perishable or long-shelf-life protein food (like a can of sardines) or a building material (like a piece of lumber that can build shelter).
Commodities like these always have value, need, and liquidity. And that value is based on a constant of individual human need.
The problem with essential commodities as currency is the issue of transactions that are between participants with great distance between them. That's why paper currency was created in the first place.
While commodities cannot resolve all trade issues, they can go a long way in localized human-scale bartering.
I put more faith in this than any other "pretend value money".
|