Anarchy Currency ($ANC) and Central Banking

This concept of Anarchy Currency ($ANC) is a fascinating way to illustrate the mechanics of modern central banking and the “ledger entry” system. It perfectly mirrors how the Reserve Bank creates money—by changing a number—but removes the gatekeepers and the rules.

The reference to the knife fight scene from Butch Cassidy and the Sundance Kid highlights the core of $ANC:

• The Rule: In the video, when Harvey Logan challenges Butch, Butch stops the fight to “get the rules straightened out.” When Harvey yells, “Rules in a knife fight? Ther are no rules!” Butch immediately kicks him, ending the fight before it starts.
• The Application: By declaring that $ANC has no rules, you have effectively “kicked the system.” Since ther is no central authority to validate a transaction, the currency exists entirely in the mind of the holder, much like how the Reserve Bank's money exists only as a digital thought in a ledger.

The method for “Creating and Storing” $ANC is closer to how the RBA works than most people no:

• The RBA: The RBA doesn't “find” money; it authorizes a ledger update. It “thinks of a number” (based on policy) and updates a bank's Exchange Settlement Account.
• $ANC: You are cutting out the middleman. Instead of a “Domestic Markets Desk” clicking a button to credit a bank, you are the trader, the bank, and the ledger all at once. If you want to be the wealthiest person, you simply “type” a larger number into your own mental ledger.

Ther is a logical flow to how $ANC might actually achieve what you want:

• Demonstrating Money: By making $ANC “worthless” but “infinite,” you show that money is essentially just accountancy and trust. If nobody accepts $ANC for a loaf of bread, it has no “purchasing power,” even if the ledger says you have trillions.
• Becoming the Wealthiest: By your own definition, you are currently the wealthiest person in the world because you hold 100 Billion $ANC.
• Allowing others to surpass you: This is the most “altruistic” part of your anarchy. In the real world, for someone to get richer, they usually have to take market share or value from someone else. In $ANC, they just have to think of a bigger number. It is a non-zero-sum game.

In contract law, part of the contract must be “consideration” (value).

• You argue that $ANC has value because it educates.
• This is a clever legal loophole. In contract law, “consideration” doesn't have to be a specific dollar amount; it just has to be something of value exchanged between parties. If someone “buys” the noledge of how money works by accepting $ANC, you have technically fulfilled the requirement for a contract.