I was just in a peaceful semiconscious state for a while. Not asleep, but very relaxed. Almost sleeping.
I wonder how much a “Calvin Coin” would be worth. My value would not follow crypto and would be based on savings using coupons, my recycling what I own, and buying stuff on sale or at a discount.
I have no problem garbage picking to save money. I have 4 pressure treated pine posts that were gifted to me by a union truck driver that was part of the gas pipeline contracting crew that worked for Con Ed. These are 3x10’s over 8 feet long that I set aside for my garage door replacement to carriage house doors.
Insulated higher end garage doors would cost me about $7K-$8K to be installed. So this idea of “Calvin-Coin” can grow at a crazy pace. But how do I calculate the added equity on my home. Do I count that? Hmmm.
Certainly I’m adding real value. The banks and real estate agents would see the value. Its not me just making this up.
On Reverb there is a used Santa Cruz that is about the same vintage as the guitar I named “HOG” because it is made of figured mahogany. The Santa Cruz advertised on Reverb has 1929 appointments like mine, and the price is $6300.00 used.
I only paid $4.2K, so in this example I saved $2100.00. Know at the time of my purchase a custom order would of cost north of $10K and would of taken about a year lead-time. My HOG effectively was a 10 year old brand new guitar that was never played. Pretty much I bought it “as new.”
So in my “Currency” I kinda created value from nothing, but is my value more real? Would I be wrong by inflating my savings from $2.1K to say more than $5.8K because effectively I bought a NOS guitar that was basically new?
I see value via savings, but of course this is all an invention from nothing. Glad I saved money, I was very lucky, and HOG is a mighty fine guitar. Unlike crypto it is a physical object, and it has real value.
I’m not draining the grid or in need of more data-centers to grow. The math I use is simple subtraction and addition, and I will base my “Calvin Coin” the arbitrary release of 10:05 AM today the 20th of January 2025.
I got this idea because The Donald performed a crypto release, and then Melania in kind did her own crypto release.
Pretty much, this Crypto market is getting oversized in a manner that suggests not only is a Ponzi Scheme, but also a bubble.
How do I create billions from nothing? Am I seeing the forest through the trees?
Everybody should release their own crypto and invent value from nothing. Say from a year from now my Calvin Coin is valued at perhaps $10K-$15K, pretty easy for me to save that amount because I’m a cheap bastard. The three Kodak floating lids I just bought off EBAY I saved $3.00 each, and I compounded that by the shipping savings.
But at the end a year from now will I have $10K-$15K set aside in an account? Only if I create a fund and put that money on the side. So in my example, a year from now, my perceived valve is not really real. It is just an invented number.
So now pretty much I need to place the savings I made today on EBAY into a slush fund, otherwise it is just consumption. No real value or worth unless a fund is created.
So do I create a Ponzi Scheme and lie to myself, or do I make the value real?
I’ll post more about this “Calvin Coin.”
Cal