Tela Network

Viewpoint = what someone thinks Mythos = the story-world that makes those thoughts feel true / Re: 'silver is an industrial metal and has no monetary value'... The awakening is spreading and everyday people are looking for a place to keep their cash. They are getting priced out of gold - silver is their only option. It is ultimately the people who will decide what has monetary value and what doesn't. / Source: An (edited) comment from: https://youtu.be/tQa6mNXcM4s We can see an underlying doctrine: People can decide the monetary standard. And another one: Gold is too expensive for the average person, therefore it can't be the primary monetary standard. What is most interesting to me is that it is a democratic inversion of the goldbug mythos, which says: 1) People must adapt to the most powerful monetary standard. 2) The best monetary standard will have the highest price. Summary: Goldbug mythos: monetary truth is discovered. Silverbug mythos: monetary truth is ratified.