From e660777054c4003b7e4af7b0083dbfcd7543d55e Mon Sep 17 00:00:00 2001 From: EilidhRoss1 <98904290+EilidhRoss1@users.noreply.github.com> Date: Tue, 19 Jul 2022 14:43:47 +0100 Subject: [PATCH] title fix --- claims/is-private-money.md | 5 +++-- 1 file changed, 3 insertions(+), 2 deletions(-) diff --git a/claims/is-private-money.md b/claims/is-private-money.md index c179d77..ef24d9a 100644 --- a/claims/is-private-money.md +++ b/claims/is-private-money.md @@ -1,4 +1,5 @@ -# Private money is not desirable +# Is private money desirable? +**Private money is not desirable** The aspirations of some [cryptoasset](../concepts/cryptoasset.md) is to reinvent historical ideas of private money issuance, effectively shifting the control of an alleged currency from the democratically elected officials to the unaccountable individuals in the private sector. Unless one subscribes to extreme forms of [libertarianism](../concepts/libertarianism.md) or [anarchocapitalism](../concepts/anarchocapitalism.md) this is not a desirable state and the historical precedence on private money is one of repeated disasters compared to the normal issuance of money. @@ -22,4 +23,4 @@ Money exists as a platform to enable commerce and disparate competing currencies 1. North, Peter. 2007. Money and Liberation: The Micropolitics of Alternative Currency Movements. University of Minnesota Press. https://www.upress.umn.edu/book-division/books/money-and-liberation. 1. Pacione, Michael. 1997. ‘Local Exchange Trading Systems as a Response to the Globalisation of Capitalism’. Urban Studies 34 (8): 1179–99. https://doi.org/10.1080/0042098975583. 1. Petz, Marcus. 2020. ‘When Is Money Not a Currency? Developments from Finland of Proto-Community Currencies’. International Journal of Community Currency Research 24 (2): 30–53. -1. Schroeder, Rolf F. H. 2020. ‘Beyond the Veil of Money: Boundaries as Constitutive Elements of Complementary Currencies’. The Japanese Political Economy 46 (1): 17–41. https://doi.org/10.1080/2329194x.2020.1762499. \ No newline at end of file +1. Schroeder, Rolf F. H. 2020. ‘Beyond the Veil of Money: Boundaries as Constitutive Elements of Complementary Currencies’. The Japanese Political Economy 46 (1): 17–41. https://doi.org/10.1080/2329194x.2020.1762499.