Money Is Based On Circular Reasoning And That's Okay

[@explorateur8159]

It's fascinating how illusory & immaterial a lot of power structures are. If society were to take collection action in one way or another, multiple institutions or prevailing powers would dissipate in seconds.

[@sci_pain3409]

i also accept cool looking rocks too

[@KnowArt]

Ice is pretty cool. And I heard it counts as rock... Want to trade for icecream?

[@pakovbasyuk]

Keep on going with your art! Greetings from Russia.

[@KnowArt]

Thanks! I sure will

[@YeloPartyHat]

I wonder how many people need to drop out for it to matter. Bank runs are an example that make me start thinking about this.

[@LikesXD]

Love the music and how it grooves with the drawings in this one :)

[@KnowArt]

Thanks! Grooving with drawings is a concept I'll have to think more about. What about visual-audio polyrhythms? That sounds awesome, but I wonder if we can perceive them as such

[@KnowArt]

_Multimedium polyrhythms!_

[@LikesXD]

@@KnowArt hahaha niceeeee!!!

[@TheJustinator]

Woah, you just drew all of that in one stroke???

[@KnowArt]

welll... it's digital, so here and there I can skoot it around a little bit afterwards if it's needed. And of course i can re-do a line as much as I want. But in all other senses: yes!

[@AnonymousAnarchist2]

But there are a few sigular failure points in other failure modes. Firstly; the singular means of failure you mentioned is two modes of failure. One, everyone or at least a significant percentage of everyone can stop using money. Clearly if money is not circulating it has no value but this means that even if everyone accepts its value but a significant percantage of people value holding onto money more then spending it immediatly, or at least a significant percentage of all money can be held, or held as debt, then ut has the same effect, it must degrade the value of money. It *has too* Secondly; GDP infulences money's value. And GDP is mearly how much money has exchanged hands, not how much money is in the system, nor how much value has actually been produced. So it tracks that if someone where to start trading in money to earn money rather then earn money by trading in services or exchanging goods then they would be unreasonably altering moneys value; straining the system to manipulate trades for thier own benifit, particularly of risk being international trades. Why a nation might see buisnessness export thier labor if they allowed the use of money to generate more money via trading, but also they would be devaluing the money explcitly because of point one! Every step would cause growing forces on inflation Thirdly, because money is just money and not tied to an ideal value that will immediatly and naturally scale to actual value, anything can become money and people can start making virtual money themselves just by deciding that something is valuable even though it most certianly is not; such as just making a trading card game and spending undo resources hyping up the value of rare cards, or betting on an industral factory's earnings. And this can lead to even further money being made by say attaching ownership to an buisness with the bet, then takung a loan out against the buisness thus allowing someone with enough money to triplicate thier money while expecting only 1/3 of thier money back, further eroding money. Fourthly (and I hope this is final on the galring flaws), because its reason for value is circular; money has a limited extent to what labor and goods it can be useful for. For instance, the entire point of labor is to deliver something, to somebody. That sonething may be a service may be food might be something most people find awful. But its something to somebody. That means half of labors point is in the shopping, half of all vaule is made by just choosing what to buy. Money does not pay you or I or anyone for that critical half, we have to reduce our personal ability to spend; in order to use money to make value. Half of all our value is reduced to nothing for us. We really need money to not be money. A cupon for being alive is an example that doesnt suffer these weakeness. Because it is for being alive it must expire and new ones be issued, or somehow be tied back to you being alive. Because its a cupon, with an value behind it that everyone who is trying to be alive apprecates you can spend it. Because it can be spent, it can be traded for goods and services. Because it expires when audited (either for you being alive, or just expires and new ones issued) it never has any value being horded. Because it cannot transfer to ownership of other people being alive earning additional spends it cannot be used to create the before mentioned virtual money. And because its a cupon for being alive (and a cupon for using the cupon) it gains half its value in you choosing where to spend it. Meaning it... gains you value for the half of value that money loses value over.

[@christoffer4862]

Actually money can lose all of its value, it is called inflation. The irony is that the less valued it is, the more of it is used. This is called a Liquid Asset.

[@sansity2358]

cool, underated video

[@KnowArt]

Nice to hear that, because it's always hard to tell if your own work is any good, because you might just be at the top of the dunnig-kruger graph. Thanks! Maybe your comment will help push it a bit haha

[@sansity2358]

@@KnowArt yeah I know exactly what you I mean. I always have trouble measuring the quality of my own work. You should know that this is definitely something you can be proud of! : )

[@tonistaak]

NOICE

[@KnowArt]

NOOICE!

[@eduardogutierrez5382]

Money

[@KnowArt]

it's so funny

[@mgg7756]

I need money

[@KnowArt]

Me too, me too... Let's make it happen!