Symbiosis between Captalism, Fiatism, & Valuism

In this section we provide a case for the Symbiosis of the "isms."

It is important to note that governments do provide a service in maintaining order and "peace."

Apple, the corporation, does not need to worry about pirates, marauders, and militaries killing their employees and taking their technology or money.

In return, Apple pays some taxes to governments, which are then used to maintain rule of law and and fund public goods.

"Rule of law" forms the basis of contract law, which creates incentives to uphold and maintain agreements, which tend to benefit economic cooperation and growth.

In the same way, Valuism (and Bitplanet) are synergistic with corporations and governments, as forms of coordination and collaboration between economic actors.

Valuism is unique in that it is inherently global and accessible as a bedrock technological primitive.

However, symbiosis between all three capitalism, fiatism, and valuism is a natural evolution whereby people freely choose where to allocate their time, attention, and value.

Finally, some have made the argument that the world’s demand from economies, nations, and businesses for a “safe haven currency,” is a burden of responsibility placed on the US as the world's reserve currency.

  • Picture an “Atlas Grandpa” holding the weight of the world to provide a stable currency that others can trust to store value:

    • From one perspective it allows the grandpa to print indefinitely, which could be viewed as as singular privilege

    • And from another perspective, the US/FED are forced to provide liquidity in times of crisis when choosing between financial collapse (”too big to fail” or “systemically important”) or providing more liquidity via more printing and debt, which could viewed as as singular burden of responsibility

In either case, other “trusted, safe stores of value” help to address both issues: (1) alternative options for liquid stores of value address the privilege of singular monopolization and indiscriminate printing and collective debt accrual and (2) alternative options for liquid stores of value to help ease the burden of singular responsibility.

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