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RE: A Self-Regulating Stable-Coin

in #volatility6 years ago

Dear @edicted, there is one perfectly stable relationship in the most basic activity of real economics, namely production, and that has to do with the usefulness of useful energy in the process of production.

This relationship is between the amount of energy input into a production activity and the amount of product produced by this activity. I am attempting to explain how we can base a currency with a constant purchasing power for essential goods on this constant relationship. It is really possible to do it.

It is impossible to create a currency with a constant purchasing power for everything. We can however create a currency with a functionally constant purchasing power for the products of high energy manufacturing processes - and this is where the magic lies, as the most essential products we need to survive on fall into this category.

You will have to read what I write on this very carefully, as I take the subject under discussion from it's most basic roots and develop the idea into a completely new take on economics, where every single individual in an economy built on this principle can be given complete freedom - a freedom that is absolutely essential for repairing the world we live in.

It may take some really deep thinking to get ones head around it, but once the penny has dropped it is quite simple and a whole new world opens up.

Thanks for broaching this crucial matter of creating a currency with a constant purchasing power. Many don't seem to realize how important it is.

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