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  • To safeguard Humanoid

    Currency will become big enemy for human. Currency invented for transaction make easy in ancient period but it has own defects which even kill all the human in the world. It is time to eliminate currency from the world. Currency is unreal energy which is source for all kind of theft burglary black money, corruption, wrong politicians, bad government and shaking the globe.

    Posted by: BSKR
  • Money creates poverty

    "We are free, truly free, when we don't need to rent our arms to anybody in order to be able to lift a piece of bread to our mouths."
    - Ricardo Flores Magon

    Under our present economy of scarcity, the supply is limited by the demand. And the demand is limited by the ability to pay for the supply. And this in turn is limited by the supply itself, the production of which furnishes us our buying power. The profit motive, which is the mainspring of our monetary system, is responsible for the lag between production and consumption since the producer-the laborer or farmer-is paid less for what he produces than he must pay to buy it back for his own use. So demand lags behind supply until, at length, the supply must be stopped until the surplus is consumed, reducing buying power to its final minimum.

    A moneyless society would function entirely on a gift economy. Under a system which does away with money and the consequent profits therefrom, the demand will mount, and the supply will mount with it, until at length each country will be producing to its utmost capacity to satisfy the demands of its citizens. There is demand enough even now to keep farms and factories going full blast; all that is lacking is the money. Where men may have for the asking all they need of the world’s goods the demand will not fall.

    N a system of free exchange of the products of labor, these things will take their rightful place. There will be no surplus until all have obtained the necessities for a decent existence, and then the surplus will be converted into luxuries for the many rather than for the privileged few. Invention will come into its own when each simplification, each labor saving device will mean a benefit to all, rather than the loss of a living. Machines will be utilized to provide leisure rather than unemployment.

    Source: https://theanarchistlibrary.org/library/man-anarchism-the-solution-to-the-world-s-problems#toc8

  • Money creates poverty

    "We are free, truly free, when we don't need to rent our arms to anybody in order to be able to lift a piece of bread to our mouths."
    - Ricardo Flores Magon

    Under our present economy of scarcity, the supply is limited by the demand. And the demand is limited by the ability to pay for the supply. And this in turn is limited by the supply itself, the production of which furnishes us our buying power. The profit motive, which is the mainspring of our monetary system, is responsible for the lag between production and consumption since the producer-the laborer or farmer-is paid less for what he produces than he must pay to buy it back for his own use. So demand lags behind supply until, at length, the supply must be stopped until the surplus is consumed, reducing buying power to its final minimum.

    A moneyless society would function entirely on a gift economy. Under a system which does away with money and the consequent profits therefrom, the demand will mount, and the supply will mount with it, until at length each country will be producing to its utmost capacity to satisfy the demands of its citizens. There is demand enough even now to keep farms and factories going full blast; all that is lacking is the money. Where men may have for the asking all they need of the world’s goods the demand will not fall.

    N a system of free exchange of the products of labor, these things will take their rightful place. There will be no surplus until all have obtained the necessities for a decent existence, and then the surplus will be converted into luxuries for the many rather than for the privileged few. Invention will come into its own when each simplification, each labor saving device will mean a benefit to all, rather than the loss of a living. Machines will be utilized to provide leisure rather than unemployment.

    Source: https://theanarchistlibrary.org/library/man-anarchism-the-solution-to-the-world-s-problems#toc8

  • The Economy's Problem

    Money is besiegement. You’re constantly pressured to make more of it, not just to buy things you need, but it is now a sine qua non for survival. Money is the reason that many people are homeless, it’s why the reason countries are undeveloped, and why families die of starvation and unsterile water. This is the economy’s problem, all around the world. If we could expunge currency, the world would no longer be in constant quarrels, and all 7 billion -and many more to come- of us would no longer have to struggle for basic necessities.
        “For individuals and organizations conducting illicit activities, cash is undoubtedly the preferred payment mechanism,” says Peter Sands, Harvard president emeritus and a senior fellow at the university’s Kennedy School of Government.“ No other payment mechanism simultaneously provides anonymity for payor and payee, leaves no trace of transactions, and is so widely accepted.”
        As Peter Sands said, money is the preferred payment. But what if we made our preferred payment absolutely nil? It could resolve -yet still possibly cause- many more predicaments. If currency becomes obsolete, all countries would be developed PDQ, and many possibilities that were impossible will become very feasible. Most people in the world are dying all because they can’t afford the indispensable necessities that few others can.
       Think of the families in Africa fighting malaria, and Malawi, the poorest country in the world. Most people wouldn’t even be able to have a chance to read this, even if I were to personally hand it to them, because they can’t afford education.
       The Philippine’s National Sewerage and Sewage Management Program (NSSMP) says, “Around 55 people die every day in the country of nearly 100 million because more than 90 percent of the country's sewage is not collected or treated properly”. For most people in developed countries, it’s hard to envisage what others are going through, since we have such facile lives.
       However, there are deficiencies in this proposal -as there are in all plans. First of all, other countries may not approve of the idea, ergo those counties will still use currency. This will make it so that it would be obligatory to have money for that country if you live there or want to go there. Second, most aristocratic pedestrians would say disagree, considering since they have most of the money and all citizens would be able to afford what they already could. Finally, it makes resources easier to dissipate, since everyone would be able to have that resource.
        The government and many others may want to consider this, not just for the better of humanity, but for the better of our future. It’s one of the many paths the economy could go, and this path is a brobdingnagian one. It could unlock many possibilities, and even save many lives in the process. It may be a significant risk, but it will be worth it.

    Bibliography
    http://time.Com/money/4307717/getting-rid-of-cash/gg
    National Sewerage and Sewage Management Program

  • I think YES

    People say that it wouldn't work because everything has a value, but that's how trading works, it's not like abolishing money would abolish value. Money also presents gross inequalities as some people earn much more than they should but there's no way to tell. Getting rid of money would solve these problems.

  • Money is unfair

    Money means that people born into poverty will just get poorer and people born into rich families will just get richer. Money means you have to pay for living, although you may think you are free, you cannot do anything without money. Money also means we spend our lives trying to get pieces of paper so we can survive, rather than enjoying life

  • We are slaves to our own creation.

    Why do we need money? Because the idea that we can't live without it has been implanted in our brains since we were children. Sure it has helped lift us out of primitivism, but at what cost? The basic things we need to live cost money. Like why do we have to buy water? And even when we give money to the government our water gets contaminated so we can't even drink what we're paying for and they don't help us.

  • It ruins lives

    Money is evil. All things these days come down to it, and it stops some things to instantly make the world better. And it isn't fair. Many will say "but how will you buy stuff" but just giving is fine and even then there are other ways to get around it.

  • If We The Peeps really believed that, "...All men are created equal," than We would've abolished the concept of money a long time ago.

    Money gives a person an insanely false sense of self-worth, and people who have less of it are slaves to those who have more.

    In 1803 the World's population reached 1 billion. Just 200 years later we're at 7.5 billion. With today's technological advances in robotics & automation, it is no stretch of the imagination to see 24 billion people vying for just 100 million jobs. What then? Will 99% of the "unemployed" be considered derelicts? We already don't have enough jobs for people.

    In the relative near future, We The Peeps are going to go from a "Financial based" society, to a "Science based" society. And the study of science will be encouraged from virtually out of the womb and before.

    There will be just too many critical issues to deal with to let "money" get in the way. We already WASTE vast amounts of resources trying to account for an abstract concept.

    No Wall Street executive works $236 million dollars an hour more than me. No Wall Street executive is $236 million dollars an hour smarter than me.

    The use of "money" has only been around for less than a few tens of thousands of years -at best! It's use in the Americas, as we know it today, for less than 600 years.

    The debt we are incurring to the 0.001% is absolutely unsustainable. The United States $17 trillion "in debt,..."

    Mark my words: too many conditions coming to a head; through one way, or another, the conditions are too conducive for the reckoning, the re-entering, of the Human race. Our descendants will look back on this time and shake their heads in disbelief at how we could let this go on for so long; the "money" game.

    When I explain the concept of "the future without money" to kids, they "get" the concept straight away. It's they older adults who have been indoctrinated into the concept of money that tell me, "You almost have all the dots connected for me; I want to believe, but something is missing,.."

    Do you realize that there are less than 10,000 elephants left on the planet?

    Want to know how to -instantly- save them??

    Abolish Money. Period.

    I hope to live to see the day.

  • Human Greed Limitless

    Money ia playing a very important role in our lives..It has bcome a catalyst to all our problems..The rich ppl r bcoming richer whereas the poorer r becoming poorer...Everyone is looking to exploit others for their own sake..Where has our human values gone??...We should all work towards a better future.

  • Your dumb ok

    Your dumb. Why in the world would you try to abolish money. It's the key to the success to all of the economies across the world. It has been so many years since people have used the trade system. There is a no way people can just go back to there old ways.

  • There will always be currency

    It used to be sea shells, marbles, glass beads. The concept of having some intermediate token represent value and allow for more flexible trade of goods than direct barter is here to stay. Now whether this is in the form of coins & bills of today's known monetary system (Y, USD, EUR etc) is another question. The more interesting question would be whether central instititions should manage the currency supply & value versus society relying on truly market-driven decentralized currencies.

  • Don't know! Ohh

    I am a robot and you do what i say i am 21 so get used to it bumheads is this a real debate of course it's not it is a silly waste of time to human beings so who is the retard that set up this website later gayass

  • A totalitarian idea.

    The abolition of physical money would pave the way to total state control of personal finances, making it possible for any extremist government (such as the EU, who are propagating this idea) to steal as much as they like from whomever they like when they like. This must never be allowed.

  • Why would we abolish currency?

    Currency has in no way been a bad influence to humans. Over thousands of years we have used many things for the purpose, and to abolish it would be useless. What would drive the economy? Currency has FUELED the economy, and will continue to serve that same purpose. Abolishing currency would leave us without an economic and structures society.

  • It's nearly impossible

    Paper currency and coin currency could be demolished, but take a look at our history. People have traded rocks, food, animals, and many other goods as a form of currency. No matter how hard you try, everything has a value. How could you justify giving things away for nothing? To abolish currency, you would have to abolish government, monetary value, and all forms of trade.

  • Of course not.

    Currency has in no way caused any negative effects to society. Without it we would need to return to haggling 7 chickens for a cow, as opposed to just paying 800 denarii for it instead. Some people, for some reason, seem to think that getting rid of currency will stop crime. People will just steal the physical objects themselves as opposed to the money.

  • If money was abolished, nobody would work.

    Although money is mostly bad for humanity, because we endangered the planet because of it, money brings workers and if currency was abolished, nobody would work. Most people wouldn't survive without money because it would be hard to survive by themselves alone and even then people would need to exchange something to survive. So, money should stay as a currency.

  • Money is unfair

    Money means that people born into poverty will just get poorer and people born into rich families will just get richer. Money means you have to pay for living, although you may think you are free, you cannot do anything without money. Money also means we spend our lives trying to get pieces of paper so we can survive, rather than enjoying life

  • Bregadand estu corporino

    Vhfsfdk shv jnad k kbka sjbd d fna jnb? Bha dnozvach dfh sdjb v njdskn v owf nd sk sd n sdkn sldkv nsljg , dsahjk, hajd, haoihus ueat secumut! NU ESTU CORPORINO!!!! Shoder djustru copua signe chive lostua couza xuroziqa mimi totuyas nuco k vimo tuve. Diuster cuvebebus sodo tuqewu.....


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