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Ownercredit implements some concepts for a wealth-backed currency system

Project description

Purpose: to implement currencies where every unit is backed by wealth, and where every holder of wealth may create credit. The system implements a limit, K, on the amount of credit created relative to pledged wealth, to control inflation and deflation, automatically ensuring that the value of each unit of credit remains roughly constant in terms of some “reference” basket of wealth.

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ownercredit-5.0.1.tar.gz (59.1 kB view hashes)

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