I&#x27;m still struggling to see how free banking or local currencies actually addresses many people not having enough access to resources to be able to fulfil their potential or even to eat, which is the principal problem social democrats aim to solve. It doesn&#x27;t really matter whether my landlord wants payment in dollars or also accepts Bitcoin, gold, valuns or blue chip company scrip if I don&#x27;t actually have anything to offer him at the end of the month and am not considered creditworthy. A corollary of Gresham&#x27;s law is that currencies or currency-like trading arrangements built to extend credit to society&#x27;s most unfortunate (and least productive) are the ones that people will be least willing to accept.<p>Private trading circles or backing currency with commodities (usually natural resources mined by oligopolies) would seem to veer towards making society more unequal rather than less.