read.cash Log in
@sanctuary.the-one-law

The Power of HourCash BCH I just consciously realized something that was subconsciously powering this latest effort to construct another foundation for a Sanctuarian community. backgrounding: When departing Colombia the obvious necessity for Sanctuarian communities I could see was an economy free of 'thuggery by fiat'. [ advisors from days of anywhen caution: "remember - economy is a most important foundation." ] From that moment on I have focused exclusively on building a sample of how to power an economy with only a commitment of BCH and/or Hours to back up a local economy. The result we tested on Sanctuarians.org has now been expanded into its own framework at HourCash.net It is the prototype for a network of economic communities that empower their users absent interference by any fiat currency dependencies. [ One future could be your own node earning a profit as https://'***your_community_region***'.hourcash.net ] Numeric observation: During testing a few hours ago there was a contribution:

committed 0.00001435_BCH, for a nominal time from 2024-02-13+20:18:55 until 2024-02-20T01:20 0.00001435_BCH is a tiny amount, barely enough to buy even a mint candy, anywhere. But the span of time committed is 536575_seconds. Multiplying the time by the value (0.00001435_BCH) seems silly: the result is 7.69985125_BCH-seconds. That number can be a visible force if applied to an economy. How to apply it ? As a currency that has an economic velocity to power trade, in a community. Compare this with what happened next:

0.00004384_BCH committed from 2024-02-14+04:08:52 until 2024-03-14T09:10 The economic value is 110.63760512_BCH-seconds. This full value may never be achieved outside a gambling den, but in normal trade, with a velocity of transactions per minute (or hour), it could power the movement of a significant amount of goods and services in a community economy. We can see how parking BCH in a paper voucher to use in a community can give people freedom to live uncencumbered by the yoke of Fiat currency, regardless of where they live on the planet. The Bottom Line:______________ HODLing BCH is a form of financial sanity, but BCH is far more powerful if you ***use*** it to power your economy **while keeping it safely stored in your wallet** and not spending it. All you do is: 1. print a (single) voucher for a value in your wallet. 2. spend it for something you want. 3. whoever you gave it to spends it for what they want. 4. etc., etc, until finally: someone redeems it back to you, for something you offer and they want. {put a picture about something you offer on it to help this} 5. at that point you can do it all over again, using the same BCH. This is how you power your economy in your local community. https://libre.video/videos/watch/357cccc1-719a-46bb-bac4-625a1b82b031 and the beauty of it is how free it is from 'banking holidays', and other nuisances that CBDCs promise to inflict on everyone. [ If you think this is fun, wait for the plan to put everyone back to work using 'Hours'. ] ...food on your table.

No comments yet

Log in to join in Reading is open to everyone. Replying needs an account.