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What is The Essence of Money in Medieval Times about?

This document describes a proposed digital currency system called Digital Coin that is inspired by medieval market money systems. It consists of two types of coins: Perpetual Coin, which serves as the value unit, and Credit Coin, which is issued by producers as virtual goods and services vouchers, similar to bread vouchers in medieval markets. Credit Coins circulate and are spent, automatically revaluing based on supply and demand via an online marketplace. Issuers offer bonuses for redeeming Credit Coins t

Author

fbu24

Language

EN