Post
Topic
Board Economics
Re: Biggest Hurdle To Currency Adoption
by
username18333
on 20/01/2015, 02:29:53 UTC
It will always be the same with any currency. First come first serve, and first comers are taking the biggest risk by investing. How do you solve this? How do you aware everyone on a currency and tell all of them to invest so its equal? it makes no sense.


. . .

Great Empire Coin™ (GEC™) is the official currency of Great Empire of Earth and is divisible into cents and mills, and has denominations of mega-, terra-, and exacoins.  Earth (i.e., Great Empire of Earth), being an anarchist despotism (Earth law is licensed to the general public for its [non-mandatory] enforcement thereby), has Writcoin clients serve as one of its heterarchical monetary authorities: anyone may “mint” GE coins; however, the coins have to be “minted” through official channels (e.g., Writcoin) to be guaranteed official recognition.

. . .

Production hails from the one; therefore, a relevant monitor of consumption does so as well.
(Red colorization added.)