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Shire Silver
259 followers -
defending a stable, trusted, and honest wealth based monetary system with a better bullion
defending a stable, trusted, and honest wealth based monetary system with a better bullion

259 followers
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"But as a means of exchange, silver is far more practical than gold. For example, some mints sell 1/10, 1/4 or 1/2-ounce silver coins. An ounce of silver today is about $14.20. That makes it a plausible form of private currency. And for even smaller amounts, innovators like Shire Silver produce credit-card sized laminates that contain fine strands of silver and gold that function as physical cash, but are far more “divisible” than bullion."

Glad to get the mention. We do hope that while the use of cash will probably decline, the use of it will not disappear. Our currencies will remain an option, even if government cash does disappear.
http://thesovereigninvestor.com/asset-protection/are-we-facing-the-end-of-cash/
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Bitcoin recently survived an interesting attack, and it will likely continue to grow and survive. But it does still show some fragility. Most interesting to us is the calculation that "$4,536 a day buys you a Bitcoin denial of service attack." which is in the realm of possibility for many individuals and groups. This is one reason why diversity in currencies is good: no one system can be perfect and safe.

https://medium.com/blockcypher-blog/a-bitcoin-spam-attack-post-mortem-s-la-ying-alive-654e914edcf4
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Salinas-Price makes a very good point when he talks about how a cashless economy means that banks make a profit on every transaction. It also means governments can better track you for taxation purposes.

His idea for a silver coin is flawed though. People hate using coins as money and will never go back to carrying them around for everyday purchases. That's where Shire Silver shines, making gold and silver as wallet friendly as paper notes/bills.

https://www.youtube.com/watch?v=IrcV2Q5GKLU
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Some day we will be equally dismissive of government creation and control of currency.
http://teslaclubsweden.se/test-drive-of-a-petrol-car/
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It feels like I've done almost nothing but shovel snow for the last month and I haven't been able to put much effort into product improvements. I really need more help/partners with the business, especially sales and marketing. But hopefully I can get the big product improvement I've been slowly working on finished up this week. It will be a game changer.
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"One would think that liberals, with their publicly displayed hatred for large corporations’ influence on government, would focus their efforts on exposing and demanding the elimination of the Federal Reserve, which is in fact a multinational corporation and coalition of large banks. Instead, liberals seem more focused on Wal-Mart, McDonald’s and Hobby Lobby who, when compared to the Federal Reserve, are really small-time players in the game of systemic political corruption. "

http://imnottheonly1.com/2015/01/21/get-politics-out-of-money/
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The main purpose of central banks seems to be enabling bad money. By interfering in the market politicians have stifled monetary innovation. If they hadn't then something like Shire Silver would have been developed long ago.

https://mises.org/library/markets-restrain-bank-fraud-central-banks-enable-it
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This is a very good read, if somewhat long for a blog post. The description of just what money is can be helpful in thinking about the subject. The use of game theory to describe monetary interactions was fun to read and shows clearly why money matters. I especially like how it leads to understanding why inflation allows cheating so it means sound money is better. Finally, the comparison of the communications needs of the various types of currency is instructive and useful.

http://nakamotoinstitute.org/reciprocal-altruism-in-the-theory-of-money/
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This was an interesting ten minutes, even if it is a year old. The part about millennials being accepting of non-government currencies was good to hear, and the talk about trust being important is something we've long believed in.

This is also timely as we're working on improving our co-branding capabilities.

[But we do still need help with sales and marketing.] 
Paul Kemp-Robertson: Bitcoin. Sweat. Tide. Meet the future of branded currency.
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We love people who show that government is not needed, and one of our favorites is Shire Sharing. They are putting together this year's Thanksgiving drive and could use your help.

You can donate funds at http://www.youcaring.com/nonprofits/shire-sharing-thanksgiving-2014/244117 and you can be sure that any excess donations will be used wisely.

And if you are in New Hampshire (or will be then) you can join in the fun of delivering the meals. The delivery event is being organised on Facebook at https://www.facebook.com/events/281322678732914
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