Let's assume I start my own demurrage currency and division of labor, there is an obvious problem that if the project has any success whatsoever, it will be shut down by the central bank because I am stepping on their toes.
Even if the central bank is not banning my currency, I will still have to pay taxes in the national currency, I have absolutely nothing against paying taxes but the point of the entire idea is that taxes will be paid in the new currency, if there is a constant outflow of my currency into euro or whatever, then the demurrage currency will go out of circulation very quickly. This problem isn't unique to demurrage, it is true of any non legal tender currency but foreign currency has countries where the money can be used to pay taxes which gives it a leg up over any non national currency.
So now I must go to a tax haven even though I have no desire to avoid paying taxes. Most tax havens are islands that are incredibly far away from any continental mainland. The cost of living will be much higher because of shipping costs and exporting will be prohibitive for anything that with a short shelf life and isn't priced in whole euros per kilogram.
Even if I find a tax haven, I will have to migrate there and most tax havens are incredibly expensive to migrate to, requiring $250k of investments for permanent residence. Once I am there I will need to cover my own living expenses there. This means I am going to need a remote job or work in some tourist industry as anything else is nonviable due to the extreme distances and the lack of land to be self sufficient for the island as a whole.
Even if I successfully migrate, I will now need to buy my own land and start a land trust that charges a land value tax and pays out every resident a citizen's dividend.
Once I have done all that, I am going to need to start a regular business that competes in the capitalist system, because I cannot rely on the island to immediately recognize my currency as legal tender instead I would have it start out offering payment in both the national currency and the local currency while offering 0% financing in the local currency to encourage people to use it.
All of this is incredibly difficult, it will take decades of working in the capitalistic system to escape it and then there is the very real risk of it failing.
There is no way I can succeed at this. Everything is stopping me. I could try to skip doing this legally by conquering my own land with military force but that isn't what I believe in.
So what I have decided to do is try my luck and see how far I can go by planning to retire in one of those locations but I have no delusions that my plans will actually happen within a lifetime if I go at it individually.
Even if the central bank is not banning my currency, I will still have to pay taxes in the national currency, I have absolutely nothing against paying taxes but the point of the entire idea is that taxes will be paid in the new currency, if there is a constant outflow of my currency into euro or whatever, then the demurrage currency will go out of circulation very quickly. This problem isn't unique to demurrage, it is true of any non legal tender currency but foreign currency has countries where the money can be used to pay taxes which gives it a leg up over any non national currency.
So now I must go to a tax haven even though I have no desire to avoid paying taxes. Most tax havens are islands that are incredibly far away from any continental mainland. The cost of living will be much higher because of shipping costs and exporting will be prohibitive for anything that with a short shelf life and isn't priced in whole euros per kilogram.
Even if I find a tax haven, I will have to migrate there and most tax havens are incredibly expensive to migrate to, requiring $250k of investments for permanent residence. Once I am there I will need to cover my own living expenses there. This means I am going to need a remote job or work in some tourist industry as anything else is nonviable due to the extreme distances and the lack of land to be self sufficient for the island as a whole.
Even if I successfully migrate, I will now need to buy my own land and start a land trust that charges a land value tax and pays out every resident a citizen's dividend.
Once I have done all that, I am going to need to start a regular business that competes in the capitalist system, because I cannot rely on the island to immediately recognize my currency as legal tender instead I would have it start out offering payment in both the national currency and the local currency while offering 0% financing in the local currency to encourage people to use it.
All of this is incredibly difficult, it will take decades of working in the capitalistic system to escape it and then there is the very real risk of it failing.
There is no way I can succeed at this. Everything is stopping me. I could try to skip doing this legally by conquering my own land with military force but that isn't what I believe in.
So what I have decided to do is try my luck and see how far I can go by planning to retire in one of those locations but I have no delusions that my plans will actually happen within a lifetime if I go at it individually.