GreedCoin is our totally objective and devastatingly accurate nickname for monolithic fiat currency, including the various specific currencies that are currently the primary means of exchange the global financial/economic system (e.g. US dollars, Euros, and so on).
We call it this for two reasons:
- It can be accumulated in arbitrarily high amounts for absolutely no good reason at all (and often for very bad reasons)
- You can easily end up without any at all, or even negative amounts of it (debt), even if you did nothing wrong, and even though you have to have it to survive. The board game “Monopoly” was invented specifically to demonstrate how unfair and unsustainable this is – but even “Monopoly” is more fair than real life, in that every player gets a bit of cash whenever they make it around the board.
Basically, it was created solely to serve the interests of the powerful – which are increasingly at odds with the needs of the rest of humanity.
McGuffinCoin is designed to do the opposite.