Money and Merit - Boon Kud Chum CCS (1/4)
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btw is the Boon supply limited somehow? if so how? eg for each member of the community there is say 100 Boons in her account she can withdraw by offering public service in return? the community doesn't issue new Boons each time people do public service, right? that would cause an inflation
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one question: how is the Boon issued? is it borrowed into existence like conventional money or is it just somehow given to people in exchange for nothing?
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Boon is issued when a member of the system withdraws boon from their account. It's not given in exchange for nothing, but rather in exchange for a promise to provide the same value for others in the community, by being willing to receive Boon as well as spend.
networkeconomy 2 years ago