Can it be on a STEEMIT media blockchain platform? | 10% to beautycreativity

There is such an idea for business - to issue STEEMIT Token as an electronic Gold Promissory Note. Or as a debt when paying for goods, services and obligations of STEEMIT platform users with real gold. And how is it possible to do and turn an idea into reality, that is, into a business? According to the law of the Russian Federation - it is only possible to do this in a consumer cooperative. Because the cooperative does not need all sorts of licenses and permits from the Central Bank. Because in a consumer cooperative all financial and economic activity is based on the exchange of shares. There is no trade as such, and there are no financial transactions through the bank. This is the internal economy of the Consumer Cooperative with mutual settlements in its internal currency. And the unit of payment for goods and services can be just a STEEMIT Token, just like a Golden Bill. And this is just the idea of a new economy for the STEEMIT platform.

Here's if this could suddenly happen today, as an example - any STEEMIT platform community could actually restore the Gold Standard for the internal STEEMIT platform economy and the external Consumer Cooperative economy, without causing any financial market turmoil. To do this, the following must be done. First, it is necessary to fully convert the gold and foreign currency reserves of the Central Bank of Russia into gold (conditionally). Since they are equal to about 29 billion USD, and a ton of gold is worth about 8.3 million USD (all figures here are relative), they are approximately equivalent to 3500 tons of gold. From these 3,500 tons, 410 million STEEMIT Coins can be made with a mass of about 8.53 grams and a face value of 1,000 rubles each. Now there is 410 billion rubles worth of cash circulating in the country. So, it is possible to issue STEEMIT Gold Token and promissory note for payments for goods, services and obligations in the cooperative at these settlements.

This means that each project participant - user of the STEEMIT blockchain platform and shareholder of the Consumer Cooperative has the opportunity to receive for himself a STEEMIT Gold Token or a Gold Promissory Note at its nominal value and in return can receive goods or services equal to real gold. A Gold Coin could be issued to every user of the STEEMIT blockchain platform and to a Consumer Co-op shareholder upon purchase. This measure would mean that now the internal currency (which could also be the ruble) would always be equal to 0.00853 grams of gold. And this despite the fact that today there are about 2300 tons produced in the world, and all the reserves of the countries amount to 30 000 tons, and about 45 000 tons on futures and options contracts. The conclusion is that by reducing these figures by about 100 times or more, you can build your own little financial and commodity system with the Gold Standard tied to Token and Promissory Note.

Considering the listed data of the implementation of the Golden Token and Promissory Note to pay for goods and services for the project of the STEEMIT blockchain platform and the Consumer Cooperative program, we can make the following calculation: we take the total unit of account Token or Promissory Note, reduced, for example, by 100 or 1000 times in relation to the Gold Standard in our small "kingdom-state" - STEEMIT blockchain platform and the Consumer Cooperative with their new internal economy and tokenomics. The unit of account Token and Promissory note is pegged to our domestic Gold standard, based on the calculation: 8.53 grams of gold divided by 10,000, for example, and we get 0.000853 grams. Our alternative unit, Token and Promissory Note, has the backing of this unit of account. It may not be much, but the Token and Promissory Note actually have the settlement support of gold in a small internal economy of the STEEMIT blockchain platform and the Consumer Cooperative.

THE IDEA OF CREATING ITS OWN INTERNAL ECONOMY.

And in conclusion, I would like to note that this project of the new economic policy development program is based on the principle of barter, barter and netting between the participants of the communities as users of the STEEMIT media blockchain platform. The project will gradually link international trade under the Consumer Cooperative with the electronic Golden Promissory Note as a STEEMIT Token with the real economy in business. And why not? Today, the following countries are participants in such a Gold Standard (gold dinar) system: Malaysia, Saudi Arabia, UAE, Kuwait, Qatar, Bahrain, Oman. Malaysia uses the gold dinar in settlements with Brunei, Iran, Bangladesh, Yemen, Maldives and several other countries. In the same way, we can apply all this in our communities on the STEEMIT blockchain platform with new technologies. And then there will be a big attraction of people from the real world and businesses to the virtual world (from offline to online). For the perspective of the development of this economic project on the STEEMIT blockchain platform today there are all the tools to buy and sell goods and services and conduct transactions for settlements between partners in STEEMIT tokens. Today, Iran and Russia are thinking about launching a joint STEEMIT token linked to gold. Or it is the same digital token backed by gold. So, for us on the STEEMIT blockchain platform there is also a prospect for development.

Image posted from public sources on the Internet.