Difference between revisions of "The financial system"

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The network uses a currency model based on energy. Many people involved in the project in the past have had deep concerns with the introduction of currency. But in fact it has always been there, and its a natural process for any organism to evaluate costs of various courses of action in terms of various forms of energy.

The problems arrise when we introduce corrupt concepts like usury (riba) and fractional-reserve banking, which is why there's so much religious fuss about that concept. And even concepts involving passive income start to cause trouble.

The problem is that only the Source can create something out of nothing, energy out of the void. Man cannot do this (And when He can we won't need Usary or debt anymore anyway!), only God can, but usuary gives money this Godly power. But because money does not really posess this power of creation it means that the cost of its growth is being balanced elsewhere; by a depletion in natural resource and an increase in the distance between rich and poor.


See also Difference