Mind Mastery

Money is used as a measurement of what something we want is worth to us.
Money isn't what we want, it's what we can exchange money for that we want.
What we want has real value.

Money isn't "intrinsically" valuable, it's objectively valuable as a medium of exchange we BELIEVE has value. We believe money has value because we trust other people also believe it has value. We trade money to get what we really want and which has real value.
The amount of money we'll trade for what we want is how valuable something is to us.

If we want 10kgs of steak more than $250 AUD, that's how objectively valuable steak is.
It's actually true that the steak is MORE valuable to us, that's why we willingly make the exchange, and the $250 AUD is more valuable to the seller and that's why they make the exchange.

Things get their objective value from how much we're willing to trade for. Value isn't subjective, as in detached from reality and only in your mind. The steak exists, you want it and you're willing to pay $250 AUD to get it, these are all facts, which make the steak objectively valued at $250. If the steak was priced at $25,000 for 10kgs, no one would buy it. If no one buys something because it's priced too high, then it's not objectively worth that much.

Value is;
1. That which one acts to gain or keep (to experience a benefit)
2. The importance or usefulness of something to someone.

Essentially, we don't want to trade too much of our time or effort for something we believe is over priced or subjectively valued. The steak is subjectively valued at $25k because the seller believes it's worth that much, but no one else does. Prices and monetary values only become objective and real when a trade actually occurs, otherwise, it's nascent or arbitrary. Without buyer and seller transactions, purchases and sales, an assigned value (25k) remains theoretical.

Value isn't intrinsic either, as in valuable in of itself. When determining the value of something, one must always ask "To whom and for what"? If you were stranded on a desert island with no food or water, all the gold in the world won't save you. Try selling air to someone on the street and you'll get laughed at. When scuba diving, they'll pay a fortune. All value requires context. This is what makes things objectively valuable, the context.

Money is a tool to help us put a numerical value on the things we want to buy. Or it's a value we ascribe to something we want to sell, so then we can trade that money for other things we value.
We value money as our tool of trade because we have to earn it and that's what makes everyone recognize its value.

Except in the case of bankers as they don't have to work for it, they just make it out of thin air! But for everyone else, we have to work for it and work always takes some amount of time or effort. Much of money's true value is rooted in the labor required to earn it.

Trust in currency comes from the understanding that it represents effort invested in producing goods and services. People have to work to earn their money and when they get paid, it's because they deserve to be rewarded. Compensation for work or providing value is just and it is right. Compensation in the absence of a value exchange is wrong and undeserved.

When money is disconnected from work, it can lead to inflation and devaluation, diminishing its purchasing power. This is why the world's debt is approximately $300 trillion and the gap between the haves and have-nots is expanding like a pair of pants after Christmas dinner— one side is bursting at the seams while the other is just trying to hold it all together!

It's because bankers figured out how to increase their power to acquire real world value via a sleight of hand. Disconnecting work from money via fractional reserve lending. They discovered how to make money without earning it. They solved many peoples greatest wish. How to get rich the easy way. If they could sell the idea that their 30 second accounting trick was somehow equivalent to your 30 years of work, they could become the wealthiest and most powerful men in the world. They succeeded. They cracked the code of increasing their ability to get what they want without deserving it.

This unfair advantage increases the nominal monetary value of many things in the world. Most of all, land and property. We all need somewhere to live. But because of this cunning bankers trick, home prices keep rising and less people are able to afford them. This is mainly due to the banks primary source of income, which is also one of the the worlds primary sources of inflation, housing loans.

New money and huge amounts of it is created to purchases homes, which drives prices sky high. Way higher than they reasonably should be with a fair and unbiased currency. The prices of homes are over valued, but people need places to live, so they buy money from the banks at exorbitant rates because they have no other choice. The banks make greedy profits and use that power to acquire ever more.

To stop this dystopian downward spiral, we need to transition to a fair and honest system of money, one which doesn't allow anyone to benefit at the cost of others. True prosperity isn't achieved by sacrificing others. It's made by mutually voluntary and beneficial value exchanges. Money is a vehicle to do that. But it's the right money which makes all the difference.

To understand how The Freedom Credit can replace banks, it's best to understand what a bank does.

Banks
1. Hold money "safely"
2. Allow easy transfer
3. Provide credit/loans (Sell money)
4. Pay interest on savings

Freedom Credit
1. Hold money safely
2. Allow easy transfer
3. Allow seller finance
4. Add value through deflation and appreciation

If we didn't have banks and only used cash, we would have to store all our cash in vaults at home. This would be lucrative for the vault and safes market, but most people prefer to keep their cash locked safe and insured inside the banks vaults. It would also make transactions very difficult and restrict trade to local only. This is completely impractical in today's global marketplace.

Using The FC, you can store your money securely in a digital vault. This adds greater protection than physical vaults as the FC's security is second to none. Banks can be robbed, safes can be cracked, but your FC wallet is impenetrable, provided you set up the correct security. 

Normally, the greatest threat to your money is from the banks and government themselves. There are countless cases of innocent peoples accounts being frozen or emptied and left unable to access their money. This is a problem that doesn't exist with The Freedom Credit. Provided the internet isn't destroyed, you can access your funds. 

Safety: Freedom Credit: 1 Banks: 0

Compared to using cash, banks allow much better methods of transfer. You don't have to carry around stacks of cash, especially for large purchases, and digital money is divisible to the cent. You can send money across the world, relatively easily. Although there can be difficulties between countries, due to policies and exchange rates.

The Freedom Credit puts banking transfers to shame in it's practicality. It can transfer to anyone in the world at near instant speeds, without limitation. Just as easily as you can send a message on Facebook to a friend halfway across the world, you can send FC's.

Transfers: Freedom Credit: 1 Banks: 0

When it comes to finance, the banking system relies upon licenses granted by the central banks and governments to sell monopoly money. It essentially is monopoly money because it's not backed by labour and the central banks have a monopoly by force on money. The banks create the money supply by selling loans at near double the face value. This devious accounting practice greatly enriches the bankers but at great loss to society. The price of homes bursts into outer space, the homeless fill the streets, rentals skyrocket, the middle class downsize and the super wealthy become uber wealthy.

The Freedom Credit is a champion of the seller finance system. This way, you can still benefit and borrow from your future self's earnings, but without the need of a middleman. Financing is P2P, far cheaper and far more efficient. This allows for unprecedented economic growth, without the need for loans, inflation, bubbles and recessions. The answer to finance isn't really cheap loans or even 0% loans. It's rent to buy seller finance. We've had this idea all along, we just need to implement it. Unimaginable prosperity is right around the corner with this system.

Finance: Freedom Credit: 1 Banks: 0

Banks pay interest on your savings to incentivise you to keep your cash in their custody. When ever you deposit money into your account, you're transferring legal ownership to the banks, which they now consider a liability. You're the one empowering the banks as an unsecured creditor to inflate the money supply, and one way they tempt you to do this is with a couple percent interest rate. 

Instead of offering interest, which typically only benefits the already super rich, The Freedom Credit works as a deflationary currency. As more people use it, it appreciates in value and your purchasing power increases. This benefit far outweighs even the most enticing interest rates.

Finance: Freedom Credit: 1 Banks: 0

In summary, The FC outperforms banks in every way. There's simply no competition.

Freedom Credit: 4 Banks: 0