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System of Federated Systems support for GDP index Economy posted an update 5 years, 1 month ago
No mention of the Department of Commerce / NIST’s QRNB Quantum Random Number Beacon for non-repudiation of events, transactions at any place, time in the future. #CDBC #FED https://www.federalreserve.gov/econres/notes/feds-notes/preconditions-for-a-general-purpose-central-bank-digital-currency-20210224.htm
The Giza Forum (Legacy)
Closed Archive of The Old Forum
Take it up with the “FED” – not with me Peter. I re-propose an index of open source, decentralized, distributed currencies and (crop) commodities that (will) comprise a nation’s GDP Gross Domestic Product as the basis of a unit of value to trade among ourselves and other nations. I cite Economist Bernard Lietaer’s TRC Trade Reference Currency, Thomas Edison’s monetary option (based on an index of crops) of 1921 and Milton Friedman’s K % rule for a reason. The future of money is programmable money. My question to you is how will programmable money be programmed to support the programmable economy?