About this project
Problem:
Existing currency systems assigns an speculative value to people and their money.
Money has no real value, money is a container for a person's work and time value.
The real value is in the personal ability to produce goods and services. When this work and time value is siphon out, the phenomenon of devaluation, inflation, recession, depression, stagnation, etc. occur.
What the Currency Free System is:
CF is an independent system and a trading tool that runs parallel to all existing currency systems, it is meant to store the value of any currency in Currency Free units (CF). This units are not dependent of any commodity. (oil, gold or silver) or fiat (faith) money.
Currency Free units store the real time value of any existing currency; once this value is stored, it not subject to any economic threats such as inflation or devaluation.
CF is a safe container for money value.
CF is a personal trading environment, it is meant to be used for private transactions.
How does CF units are used:
CF is a trading tool, it works as any currency. CF units can be used to buy, sell or build wealth.
In CF units only the real time value of money is saved. Despite of any economic disaster, CF units keep its value. CF units don’t get devaluated.
How it helps people:
CF system and CF units, are completely independent from any other system.
In a CF system the control of the system is in the hands of the people who uses the system.
In a CF system, all trading transactions are encrypted and completely private. The system cannot access any of the user records.
CF system is decentralized, no one can control the system. The system relays on the end user.
How is CF different from crypto currencies:
CF is not another crypto currency.
CF was designed as a reserve currency system.
Any economic group can use CF system as trading tool instead of their currency system; becoming independent and self sufficient.
The control of the system will stay in the hands of the users.
CF system versions:
Community version:
This version is intended to be used in communities to provide a self sufficient trading environment parallel to any currency system.
State version:
This version is also intended to provide a self sufficient trading environment, plus the macro economy modules for public administration.
Global version:
This version is intended to provide self sufficient trading environment linking together community and state systems.
The final users of the community system and the state system, have the option to get linked or to opt out from a broader system at any time.
Risks and challenges
How your money is going to be used:
There is a complete plan and algorithm layout to build and implement the system. $5,000,000 US dollars (100,000,000 Mx) is needed to fund an experienced team of professionals to build this system right. Computer servers, programmers, IT administrators, and office space is needed.
The first beta software is intended to be released after four months of development.
The goal is to provide a currency system and a trading environment where the users have full control over their work and time value and to empower people in to becoming responsible of their economic system.
Final versions are intended to be released under GPL license.
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