Read the article, this is problem with their line of thinking regarding Zeitcoin.
They think we are a currency, we are not,
Technically Zeitcoin is a Virtual Resource that is made by personal computers,
To make a Zeitcoin , you need CPU Labor, Electricity, Internet connection, &
Time,
We combine those resources to make a Zeitcoin.
TZM wants everyone to go back to direct trading of natural resources.
Originally everything was Barter of Natural Resources, you did work and were paid in food, clothes , or shelter.
Problem was this , if I work for a chicken farmer and he pays me & his other workers in eggs every day.
I got plenty of eggs , so I go to the Sheep farmer down the road and ask to trade my extra eggs for their wool clothes (made from sheep hair) , the sheep farmer tells me , he has too many eggs, since the others workers already traded with him , but he could use new shears to cut the sheep hair, so I go to the general store and try to trade my eggs for shears, same problem there General Store has too many eggs but if I can get some flour they will trade with me, so I found the wheat farmer traded my eggs for some wheat seeds which I then Grind up into flour and then went back to the general store traded the flour for the shears, then went back to the sheep farmer traded the shears for the Wool Clothes.
(All of that to buy some clothes, my feet were tired.)Now since money was invented chicken farmer pays me and I go to the sheep farmer and pay him.
(All Done) No extra resources or time wasted because of all that traveling.
The problem is not the use of a monetary system, the problem is that the monetary system is always controlled by Kings, Governments, or Banking industry and they always corrupt it for their own selfish desires, without exception.
(Just google the recent news where banking officials want to have a negative interest rate on savings accounts.)That is where Zeitcoin comes in, it acts as a natural fixed resource, that can be traded between individuals world wide, there are no banks , no governments , in control of zeitcoin, It interest rate is fixed , it value is determined by the individuals who accept it. It is decentralized and depends on the people's personal PCs to keep it running, not a bunch of multimillion dollar corps running bitcoin mining operations.
It has the convenience of money , but can not be corrupted like money.
For the 1st time in recorded history, there will be a world resource that can be used as a unit of exchange between individuals for Virtual or Physical goods & service not corrupted by banking corporations, kings, or corrupt governments.
Zeitcoin is the Real Movement , and Ladies & Gentlemen of Zeit , we will be the ones that
Change the World for the Better.
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