8 of the Very Best Things about Kiwis Creating their Own Stable Money

Email a friend Text a friend

Ten days into the launch 183 Kiwis have received their 10,000 RedPill money free, no strings attached. To celebrate here are eight of the very best things about New Zealanders creating their own stable money.  To learn more join me on Zoom this Thursday 16th July at 7pm.  Details at the end of this post.

Security – The value of RedPill does not depend on the NZ Reserve Bank or the fiat financial system.  RedPill users give RedPill its value by agreeing to use it once all have been issued at 1,000 RedPill = 1 oz of gold – about NZ $ 2.60 (US $ 1.70) per RedPill at today’s prices.

Stability – Because gold has for thousands of years kept a stable value, linking the value of RedPill to gold means that RedPill is expected to be able to buy the same goods in 5, 10 or 30 years’ time as it does today. 

Honest – This stable value means no inflation.  That keeps transactions between people honest.  No one gains because the money devalues.

Robust – RedPill is owned by the Kiwis who use it.  There is no central control by banks or government.  It is also hard capped.  No more RedPill can ever be created.  Once all RedPill are issued to 750,000 Kiwis that is it.  Unlike the New Zealand dollar, there is no Reserve Bank that can debase the currency by printing more.

Empowering – RedPill reminds people of a very simple truth that was never taught at school – only people give value to money.  Not the government.  Not the Reserve Bank.  If New Zealander’s stopped using the NZ dollar as people in France stopped using Assignats (French currency) in 1789 that would be it – nothing the government or Reserve Bank could do would restore that value.  (The French government tried to bully people into using their money upon pain of death but it made no difference.  The people won in the end.)

Enlightening – Realising that all along that you and I are the ones with the financial power is an enlightening experience.  RedPill demonstrates we are waking up to what we truly are.  If we succeed in creating stable money for New Zealand what else can we do?

Lifeboat – many believe current financial system is dead in the water.  It does not matter how much new money the Reserve Bank and other central banks print to shore up the system.  Too much debt can never be repaid by the real economy.  Printing more money simply increases this debt.  It is a no-win situation.  Enter RedPill.  For those who own and use it RedPill provides a means of being paid and shopping if fiat money hyper-inflates to worthlessness.  Alasdair Macleod, Head of Research at Goldmoney.com believes the USD could hyper-inflate by the end of the year.

Been Done Before – There’s nothing new about RedPill.  It’s all been done before:

• For thousands of years people have given gold its stable value and are doing so again with RedPill
• Bitcoin has shown people can give value to digital money without central authority
• In 1922 Germany people choose to give Gold Loan Bonds a stable value even though they had no more collateral than the hyper inflating mark.
  
  

RedPill is money for New Zealand owned by New Zealanders.  We start using it when all RedPill have been issued.  It is a simple as that!
 

Email a friend Text a friend