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by kylebenzle 947 days ago
"Your" bank account? Only so long as you don't step out of line or say the wrong thing. Access to "your" money is a privilege granted by the state and large corporations you are awarded only so long as you are making money for they system. What you seem to be upset about is EXACTLY the system we have now.

Roughly, state backed currencies seem to inflate by about an order of magnitude each generation, a nickle 40 years ago will buy what $.50 buys today. When I was a kid, soda was $0.25, now $2.50 for a bottle of pop is not uncommon, state money does expire and whats in your bank account can be taken away anytime.

Thank god we've had a solution to this problem for over a decade now but it might take another decade still for normal average people to catch on, I'm still surprised the HN crowd is so far behind in this regard :(

1 comments

"Another decade" may be optimistic. Money is so core to many people's identity and sense of purpose that they block themselves off from considering any change to the familiar status quo, even when they're able to recognize the problem that needs solved. This might be one of those times where the older generation needs to die off, and its ideology with it, before new ideas can begin to flourish.