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.
