I had a conversation on Lemmy about this recently which is the inspiration for my question. I hope this is the right community to be asking this question.
Added context:
Arguably, you’d need start-up cash in our current system to start a cashless community, but once it’s up and running, you technically can use bartering and maybe a handful of people with jobs outside that community to get anything else the community would need.
So, could people buy land/properly that is not currently that developed, in a territory/state with no property taxes, and just build up from there? The land could be put into a community trust as well, so it’s not something that could get sold down the line after the land already gets developed.
I feel the pros of the concept are that it could legitimizes many of the points online about a cashless society being possible. If the proof of concept works out for one community, that eventually grows to a town, then the concept could be tried in other places as well.
I think another benefit of the concept is that it’s not something that should require having to change the current outside system to functionally work. Whatever is produced in excess by the community can be sold externally with the funds entering back to the trust to spend on resources that community may not be able to produce on their own.
To me, as an outsider, I feel this would be a tangible and realistic way of even popularizing the concept of cashless society being possible. It would take time and investment for a project like that to get off the ground, but I think it would be a beneficial way for people that do see a cashless society as the future to really reap the immediate benefits of the concept, and show its something sustainable and even scalable.
I never realized how much deci- played into the word decimate until this thread.
To me, the old definition makes sense if it’s before a battle or game, since a 10% difference is fairly sizable. After the event, if I heard a team was decimated though, I would immediately be thinking it’s a large difference.