Showing posts with label US$ a US Fed's liability. Show all posts
Showing posts with label US$ a US Fed's liability. Show all posts

20230321

What's the difference between US$ and UUS$$ ?

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US$/USdebt
The difference is :
While US$ is a US Fed's liability, the UUS$$ universocial digital US dollar is covered before isuance by peoples monetary allocation against the constitution of personalized digital dynamic savings.
So when US$ is maded by the isuer's liability (US Fed) the preconized UUS$$ in Economy 4G3W is maded against peoples savings.

Why the design proposal for US digital dollar contains this structural on US$ genetic root change ?

Because if UUS$$' adoption as trip fellow of US$ and both coexistance becomes real with the economic upgrade of the money data-valuation practice, also it becomes possible the US$ desinfection by its digital savings coverture, its taxmatic control and it isuance.

The event of the birth of the digital dollar UUS$$ drags the introduction of the time market. And in the new generation money there will be a monetary charge for debt redemption, to ensure production and guarantee, a nominative personal responsibility and a creation time whose count in production relates to the reward and fiscal capture at the source of distribution.

In the presented design of CBDCs the question of liability balance versus debt is not solved.
The universocial digital dollar as proposal for processable parts of money is for universocial welbeing.  


The difference between the traditional US dollar and the proposed UUS$$ universocial digital US dollar is that the latter is covered by people's monetary allocation against the constitution of personalized digital dynamic savings before issuance. In contrast, the US dollar is a liability of the US Federal Reserve. This proposed change in the genetic root of the US dollar is aimed at the economic upgrade of the money data-valuation practice and the possible desinfection of the US dollar through its digital savings coverture, taxmatic control, and issuance.

The introduction of the UUS$$ as a trip fellow of the US dollar and their coexistence can lead to the birth of the time market. In this new generation of money, there will be a monetary charge for debt redemption to ensure production and guarantee a nominative personal responsibility. The creation time will also be taken into account, and it will relate to the reward and fiscal capture at the source of distribution.

However, the question of liability balance versus debt in the presented design of CBDCs is not yet solved. CBDCs refer to Central Bank Digital Currencies, which are digital forms of fiat money issued by the central bank of a country.

The proposal for the universocial digital dollar as processable parts of money is for universal wellbeing. This highlights the potential benefits of having a digital dollar that is covered by people's savings and has a monetary charge for debt redemption. Such a currency could offer greater stability and security, as well as more accountability for personal responsibility in the monetary system.

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