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I like the idea.<br>
Partly because I have always viewed minting coins and bills with high
cost artwork to be a<br>
total waste of good time and money if it is only for security purposes.<br>
<br>
However if the cost of the artwork is paid for privately, it reduces
the public cost to nil.<br>
And if money goes out of circulation as a collectors item , it counters
the inflationary forces<br>
of printing money to simply enlarge the money supply.<br>
<br>
I think you've got a real neat idea whose time has come.<br>
<br>
I think art should be useful, not simply to be put on a wall, etc.<br>
<br>
Money is also a high quality medium to work from.<br>
It also would subsidize the cost of implanting rfid and tracking<br>
devices and biosensors and other neat technology into money which
would also keep track of who was spending<br>
and who was collecting their money.<br>
<br>
The trick is to sell the idea for only the reasons that the decision
makers want and<br>
not to push the other neat features we are discussing right now.<br>
<br>
The NSA and CIA and other spooks would help behind the scenes if these
extra features were "woven in".<br>
<br>
<br>
The Avantguardian wrote:<br>
<blockquote cite="mid20051229013144.53521.qmail@web60519.mail.yahoo.com"
type="cite">
<pre wrap="">Are you joking? Bloody unlikely. Susan B Anthony,
Sakajawea dollars, and two dollar bills haven't tanked
our currency despite their unpopularity (the
coins/notes and not the people) so I don't see how Ken
Lay would. (You did have to pick HIM, didn't you?) It
would be many years before numistmatists would be
interested in any of them any way, and collector's
value has little if anything to do with fiat currency
valuations any way. A dollar is a dollar no matter
what it looks like. If you don't like Ken Lay on the
$20 note, carry tens and fifties or use your debit
card. I would.;) As far as your previous objections to
enshrining rich capitalists on our money, do I need to
remind you that slightly over half of the people
currently depicted on our money were wealthy
capitalist slave owners, not all of whom were
presidents?
--- gts <a class="moz-txt-link-rfc2396E" href="mailto:gts_2000@yahoo.com"><gts_2000@yahoo.com></a> wrote:
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<blockquote type="cite">
<pre wrap="">It would destabilize the currency. $20 notes bearing
Kenneth Lay's photo
(former Enron Chairman) printed a few years ago
would be worth less or
more (probably less) today than $20 notes bearing
Bill Gates' photo
printed this year.
People would be trading these things on ebay like
baseball cards and
cabbage patch dolls. We would have no idea about the
real money supply.
Probably the increased risk of ownership would cause
the US dollar to tank
on world markets.
-gts
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</blockquote>
<pre wrap=""><!----><a class="moz-txt-link-freetext" href="http://lists.extropy.org/mailman/listinfo/extropy-chat">http://lists.extropy.org/mailman/listinfo/extropy-chat</a>
</pre>
<pre wrap=""><!---->
The Avantguardian
is
Stuart LaForge
alt email: stuart"AT"ucla.edu
"The most beautiful thing we can experience is the mysterious. It is the source of all true art and science. He to whom this emotion is a stranger, who can no longer wonder and stand rapt in awe, is as good as dead: his eyes are closed. . ."
- Albert Einstein, "What I Believe" (1930)
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