– How can systematic redistribution and the imperative of exponential growth be eliminated?
– Who can implement an independent money system that doesn’t require systematic redistribution and exponential growth?
– Which criteria must be met to avoid systematic redistribution and the need for exponential growth?
LEVEL II: Creating Interest-Free Money
– On what basis is money issued, i.e. which conditions must be met for market participants to obtain money for circulation?
– When must promises be redeemable?
– Which market participants can issue money?
– Should MONEY 2.0 be anonymous (i.e. all currency participants issue identical money), or individualized, in the sense that money shows the issuer and can only be redeemed with them?
– How can participants’ economic abilities be quantified?
– How can participants safely rely on the promises of others?
– Who carries the burden of defaulted promises?
– Who should administer MONEY 2.0?
– Who can participate in MONEY 2.0?
LEVEL IV: Saving and Money-Lending
– If money can only be issued for soon-to-be-redeemed promises, how are long-term investments funded?
– Who organizes money-lending?
– How is money-lending implemented in practice?
– How can participants be prevented from faking transactions and simulating the provision of services?
– In which form should MONEY 2.0 be issued?
– Should MONEY 2.0 be convertible to traditional bank money?
– How should the exchange rate to other currencies be determined?
– How do transactions to non-members work?
– How is MONEY 2.0 funded?
– Should the currency administration be funded through MONEY 2.0 exclusively, or does participation require traditional bank money?
– Does MONEY 2.0 have to be in line with current legislation?
LEVEL VII: Replacing Bank Money
– How can an alternative money system replace the traditional system?
– How must an alternative money system be designed to be more attractive than bank-issued money?
LEVEL VIII: The Three Functions of Money
– Requirements to replace bank-issued money as a MEDIUM OF EXCHANGE
– Requirements to replace bank-issued money as a UNIT OF ACCOUNT
– Requirements to replace bank-issued money as a STORE OF VALUE
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