WHAT IS MONEY?

Money is an agreement in a society to use something, anything as a medium of exchange. During history a lot of things has been used as money: shells, metals, stones, even wood sticks.

Now capitalist money are just bits in a computer network, the notes only exist to create some kind of physical existence to the electronic money.

The notes and coins are called base money, it is not the same as bank money (electronic money). Although we can interchange them, they are not the same. Base money can only be created by the Federal Reserve/Central Bank while bank money can be created by any commercial bank.

Base money is less than a 5 % of all the money in circulation, the other 95 are just bits in a computer. This is why if we all go to our banks to withdraw our money only 5 % of the customers will withdraw something.

The more people use a particular currency, the strengther that currency would be.

Is it bad if we use electronic money? Not at all, this is the most important improvement in the capitalist society. Due to electronic money the medium class is a reality.

The prosperity of a country only depends of the amount of money that there is in circulation, in the times of the gold standard most people were poor because gold is scarce.

Should be go back to the gold and silver standards? NEVER, this will be humanity's worst mistake in History. If there are poors now if we go back to that prehistoric currencies less than 1 per 1000 of the global population will have money, almost everybody would be instantly unemployed.

ANYBODY CAN CREATE MONEY, if we create a intelligent new money the only thing we have to do is to convince people to use it and abandon the capitalist money.

The Future of Money is clearly electronic and the Cosmic Hours are the best possible system for a New Era based on love and oneness and return to Nature.