Difference between revisions of "McGuffinCoin"

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(clarification suggested by questions from Djinni)
(Tessa explains a bit in a toot.)
 
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'''McGuffinCoin''' is a stablecoin financial system and resource exchange method that has been in development for over twenty years.
 
'''McGuffinCoin''' is a stablecoin financial system and resource exchange method that has been in development for over twenty years.
  
It works by establishing a global pool of liquid assets, and then distributing them via an auditable rapid-response system which interfaces with traditional money systems (which we call {{l/pub|GreedCoin}}) as necessary.
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It works by establishing a global pool of liquid assets, and then distributing them via an auditable rapid-response system which interfaces, as needed, with traditional money systems (which we like to refer to as "[[GreedCoin]]").
 
==Features==
 
==Features==
 
* {{l/sub|cache types}} are usage-category-specific sub-currencies
 
* {{l/sub|cache types}} are usage-category-specific sub-currencies
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* {{l/sub|pitch}}
 
* {{l/sub|pitch}}
 
* {{l/sub|cache types}} are usage-category-specific sub-currencies
 
* {{l/sub|cache types}} are usage-category-specific sub-currencies
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==Posts==
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* '''2020-01-08''' [https://toot.cat/@eryn/103443938846371294 a currency based on the face that you only really need one of anything...]
 
==Other Key Terms==
 
==Other Key Terms==
 
* '''capitalism''' - a system based on asymetrical division of profits and labour.
 
* '''capitalism''' - a system based on asymetrical division of profits and labour.

Latest revision as of 14:23, 8 January 2020

McGuffinCoin is a stablecoin financial system and resource exchange method that has been in development for over twenty years.

It works by establishing a global pool of liquid assets, and then distributing them via an auditable rapid-response system which interfaces, as needed, with traditional money systems (which we like to refer to as "GreedCoin").

Features

As a result of these features, it is essentially non-hoardable and un-debtable (you can't go into debt with it; you will always have enough to live on).

Pages

Posts

Other Key Terms

  • capitalism - a system based on asymetrical division of profits and labour.
  • cryptocurrency - a currency using calculated values and encryption to authenticate validity.
  • communism - a system based on equality of effort and reward.
  • currency - a type of value-token used for negotiating the exchange of goods and services; avoids much of the negotiation involved in barter
  • functional post-scarcity - when stockpiles of resources exist and a logistics network capable of overnighting shoes across oceans exists, and for most normal needs of a human.
  • gay - happy, expressive, and noticeably enthusiastic; can also refer to homosexuality and, by extension, tolerance for harmless differences in human behavior
  • global pool - an organization-wide slush fund for helping keep people fed, housed, and transported.
  • McGuffinCoin - a stablecoin financial system and resource exchange method.
  • neo-feudalism - functional rule of one category of individuals by others, at scale involving more than a village or three.
  • socialism - a system designed to ensure human quality of life does not fall below some tolerable minimum level for any individual
  • stablecoin - a cryptocurrency with value normalized against a unit of a commodity or commodities.