Currency of The-One-Law Economy

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The-One-Law economy is quantified by

  • a time of presence of

  • a Being collaborating within The-One-Law.

The currency describes

an Hour of

collaboration by a Being within The-One-Law.


The economy of The-One-Law is defined by time and power.

  • Power - of one single Being of The-One-Law:

someone who collaborates to maintain a space
where no one violates another, for the period of one hour.

  • Time - any quantity of time could have been chosen:

social realities compel the choice of one hour as a time basis.

The total value is power exerted across a span of time.

This correlates to the science of physics as 'energy',
a quantity of power exerted across a span of time.

https://en.wikipedia.org/wiki/Power_(physics)

Thus,
the currency of The-One-Law economy is a form of energy.


Symbology:

1.
The currency depicts one hour as a ~15° wedge of sunlight.

2.
The presence of The-One-Law is depicted by
the "Eye of The-One-Law"

This symbol represents the community spirit of those
who choose to Not Violate others.

3.
The Title, in any language, headlines: "Hour of The-One-Law".

4.
The-One-Law, in any language:

.No Being Shall Violate another Being.

is centrally located as it is the core concept
without which all else is meaningless.

https://read.cash/@sanctuary.the-one-law/the-manifest-of-the-one-law-4cb6aa33


Production:

1.
Ideally,
the form factor has the same surface area as a credit card:

~86 x 54 mm on paper thick enough to survive handling.

The 'credit card' size makes carrying these easier.

The size is intentionally smaller than fiat currencies
so they are never lost amongst other currencies.

There are other reasons,
perhaps best left to your imagination,
to consider why the size should be as it is.

2.
The only credible, valid, creation is 'by hand' with pencil and paper.

Colored pencil or ink may be best,
but some people may not be able to get such.

In such cases paints or dyed waxes may be useful.

Use your imagination.

Rendering this "by hand" ensures that each rendition is unique.

The randomness of hand creation is a mark of authenticity.

3.
The effort of producing a single note is a personal commitment
and underscores the value of what the note represents.

This effort creates the credibility of the currency.

4.
The back side is a blank - for notations, comments and approvals.

There is no standard,
but notations indicate that the note was,
at some moment, given credible value.

5.
That each note is hand-crafted by anyone means
no central entity abuses production of currency.

6.
The random nature of each rendition ensures it will only ever be a p2p currency.


Value

1.
An "Hour of The-One-Law" will always be worth one hour of time - to anyone, anywhere.

2.
An "Hour of The-One-Law" is unbound to market exchange rates of other currencies. Other currencies have no credible intrinsic value to negotiate from.

3.
An "Hour of The-One-Law"
may be traded with BCH to use outside p2p economies.

As a physical p2p currency,
An "Hour of The-One-Law" is an ideal match
for the digital p2p currency capabilites of BCH.

Any rate of exchange will be a personal choice between two people.

There probably never can be any agreed upon exchange rate.

The value of the BCH involved may always be subjective at any given moment.

The whole point of this currency design
is that it cannot be crucified by market entities.

3.
Endurance:
unlike crytocurrencies, digital currencies, and banking,
an "Hour of The-One-Law" is invulnerable to internet service disruption or blockades.


Earning

1.
Whoever offers an "Hour of The-One-Law" as payment
will be asking someone to invest their time.

How they agree the time is spent is entirely between them.

The primary objective should be collaboration
in the spirit of "The-One-Law".

2.
Someone who collaborates should help to ensure the space is safe
and that no one violates others wherever the collaboration is.

3.
Spending

An "Hour of The-One-Law" can be spent like any other currency.

The only difference may be the negotiation of what it can buy,
and who will accept it as currency.

The best way may always be to seek
businesses that recognize the truth of The-One-law
as they will always have good reasons to accept it as payment.

Backstories:

https://read.cash/@sanctuary.the-one-law/economy-and-the-one-law-671a687d

This is where all this began to become realizable.

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Comments

That's quite an interesting concept you shared about The-One-Law economy. It seems like a unique way of quantifying collaboration and power within a community. The symbolism behind the currency and the presence of The-One-Law is fascinating.

$ 0.01
11 months ago

This is awesome content

$ 0.01
2 years ago

Excellent post, congratulations, I liked it a lot…

$ 0.01
2 years ago

Yeah but the most significant thing is time

$ 0.01
2 years ago

The most important part of any economy
is living amongst those who Shall Not Violate.
Otherwise, you can spend an
absurd portion of time, resources, and effort "watching your back'.

$ 0.00
2 years ago

Time is most important thing.

$ 0.01
2 years ago

I have a brief video of one of the participants realizing this, should I add it or make a new page about it ? Your call...

$ 0.00
2 years ago

This is pretty interesting 🧐

$ 0.01
2 years ago

We will be demonstrating the process of earning next, hope to make that video soonest

$ 0.00
2 years ago