Join the Group and Try it Out

[acryl...@gmail.com]

And get an account. A large part of the system is the amount of
credit granted is based on how many people agree to use the system.
The amount of credit given is equal to all members and is based on a
simple formula.

ln(members) hours.

Where ln() is the natural logarithm function. Members have to be
unique individuals recognized or endorsed by other members. This is
the primary control of the money supply in the system. If the group
grows, the credit limit grows. If it shrinks, the credit limit
shrinks. There is no "interest" due in the use of your credit, there
is merely the limit. If you spend up to your limit--you cannot spend
anymore. There isn't anything else to do but to earn time from other
members of the market to pay down your credit.

Since the amount of credit is limited to everyone in the system--we
control the creation of money and inflation.
Since there isn't any "interest" due back to a bank--we don't have
defaults or bankruptcies, we're simply limited in spending.

When the size of the market grows large enough (about 162 people),
everyone's credit accounts will slowly regenerate equally at a rate
that controls inflation.

And as always, you learn to measure value in terms of time saved or
earned.

~A.