The Power of HourCash BCH

3 77
Avatar for sanctuary.the-one-law
9 months ago

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.

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.

4
$ 0.00
Avatar for sanctuary.the-one-law
9 months ago

Comments

This is recommendable effort and i wish you a good luck 🤞

$ 0.00
9 months ago

Thank you - I hope this project can prosper all of our people

$ 0.00
9 months ago

This is recommendable effort and i wish you a good luck 🤞

$ 0.00
9 months ago