(2016 midterm assignment)

Model Student Midterm answers 2016 (Index)

Essay 2: Personal / professional topic

LITR 4368
Literature of the Future  

Model Assignments

 

Juan Segeada

Legal Tender of Tomorrow

To some money it is the closest thing to a religion they have, to others it is the root of all evil, but to most in lies somewhere in between. The idea of currency has always been interesting to me. When I was a kid I bartered candy for items that I wanted to other kids. While in the United States Navy I visited multiple countries and collected coins and bills from each. I even worked as a corrections officer in the Mark Stiles Unit in Beaumont, Texas and I previously expected to see cartons of cigarettes being used for currency. I was shocked to find out that cigarettes have been banded since 1994 and now the inmates use postal stamps as currency. There have been countless variations of tender used by man since the beginning of civilization.  Currency is a symbol and in this paper I will discuss some forms of currencies that are being used, developed, used in the media, and might be used in the future depending on the climate of the era.

We live in a pivotal point of time where paper currencies coexist with digital versions that are becoming more commonly used than the physical ones. Years ago in the United States of America the dollar represented a portion of gold and silver in the treasury; however, the dollar no longer does and what the dollar represents now is a little more complicated. According to Greg Satell’s article The Future of Money, “When the US went off the gold standard in 1971, all currencies essential became fiat moneys, with their value derived from the governments that issue them rather than from commodities” (Forbs, 2014). There are currently multiple ways to pay for items from cash, credit cards, PayPal, even digital bitcoins and now there is a way to pay for gods using an application on your mobile phone. It is not unlikely that in the near future a new form of currency might take over out of shear convenience. The reduction of cost of printing the massive amount of bills needed for circulation could also play a vital part in paper moneys extinction.

We live in a world where technology is growing at an exponential rate. It is not hard to fathom a world similar to the ones we see on television or read in high tech science fiction text. In a world where technology is vastly superior to what we have today the currency is often similar to what we use today. The currency often appears in the form of credits, bits, or some other form of data rather than a physical form of currency like the dollar. In a high tech world such as Paul Di Filippo's cyberpunk short story “Stone Lives” the immigrants would take odd jobs that range from 1 to 10 in danger in hopes to receive Citrine rejuve is they survived the job that is. This showed there still is a form of currency, and that even in the future you there will be those willing to do dangers work in hopes for minimal pay. “Lives” also showed the massive differences between the lower class and upper class is massive; however, the story hints that there is hope to found even when born nobody in the slums from the Bungle. Bruce Sterling and Lewis Shiner never truly express what the legal tender is in Realtime but they do emphasize mankind’s exploitation on lesser civilization has now crossed time streams. Sam mentions that 6 billion live on their earth and no one works if they do not want to and if you took a job on the other side of the temporal beam it would set you up for the rest of your life, ”So I’m giving up fifteen years. When I get back, it’s the best of everything. Anything I want.”(Mozart, 229). The invaders from Realtime would give modern day good such as aspirin, cars, telephones and penicillin to the locals to appease then while they plunder the earth of its oil and other priceless valuables and they did this over countless timelines.

One of the most common emphases in apocalyptic literature is that basic needs such as food and water will eventually become scarce. Starvation and dehydration are often an everyday threat for the average person living in a dystopic world; however, the currency used in these types of literatures is as diverse as how the current world actually ended in each story. Will there even be a form of currency in the end or is it essential to have a way to pay for goods, services, water, and food stuffs? There are practical and often unique forms of currency that have been implanted in various forms of post- apocalyptic media. Gasoline is the primary form of currency in world of the Mad Max movie series because everyone is searching for salvation in muscle bound cars. Strangely enough bottle caps from the everyday sodas are the legal tender of the post-nuclear war video game series Fallout. In the Fallout series the use of bottle caps seems comedic; however, they are somewhat practical due to the size and limited availability. To show his dedication to the one gamer even shipped 2,240 bottle caps (11.2 pounds) to the games creators to pay for his copy upon the games release. This of course was done as merely a joke but it did emphasize the practicality of the caps as currency because it took years to collect the amount. There is a strong possibility that our current tender could survive such as in Parable where Laruen was astonished to see that what was left of civilization was still clinging to the old way of life using paper currency and having faith in the a corrupt police force.  

In the future as long as there is some reminisce of society left I truly believe that a form of currency will be paramount. In the end the form that currency will be used in the will simply come down to the supply and demand of the times.   

Sources

Bethesda Fallout 4 article

http://metro.co.uk/2015/06/26/fan-buys-fallout-4-pre-order-with-bottle-caps-5267198/

Forbes the future of money

http://www.forbes.com/sites/gregsatell/2014/11/08/the-future-of-money/#7f4d655a3324