Economic Solutions to Problems

tldr; Think like a banker

Capitalism with fiat currency as its token under central banks have the drawbacks of

• cyclical consumption to pay debt
• impossible to repay debt
• exponential increase in debt per increase currency
• impossible to pay
• increase in currency without real substance
• demeaning affect on value of human life
• artificial scarcity
• creates propaganda as value
• Gives semi-permanent unfair advantages to those with more capital
• aggregates power in groups and disenfranchises individuals
• incentivizes counterfeiting
• incentivizes abuse of natural resources
• incentivizes corruption
• incentivizes misinformation

Capitalism with commodity backed currency as its token have the drawbacks of

• real scarcity
• aggregates power in groups and disenfranchises individuals
• contextual devaluation
• incentivizes counterfeiting
• incentivizes abuse of natural resources
• incentivizes imperialism to gain resources
• demeaning affect on value of human life
• incentivizes corruption
• incentivizes misinformation

Both have benefits of

• incentivizing production
• incentivizing human cooperation
• common provides unit of measurement for value to humans

The primary role of a banker is to store valuables to humans and create a common unit of measurement that models that value. This facilitates commerce without complex property exchange logistics. Over time what bankers actually store has simplified from commodities to pure data entry. Technological advances have made this a negligible amount of computer data. The only thing they store of value is our ideas of what is valuable. This is why propaganda can be created into value and why freedom of informations is critical for a free world. They control governments to manipulate how and by whom money can be used through legislation.

So if all bankers do is model then programmers must...super model....(puns are not a crime). Programmers do what bankers and government do for a living on steroids. They create models, rules, and economies out of thin air that are potentially as valuable or more so than gold. This is why the infrastructures of the world depend on their ideas more so than bankers, governments, and politicians. Almost every MMORPG developer solves more complex economic issues than politicians do. Truth be told no economic issue could ever be solved by politicians under central banking. The system isn't broken it's just unfair.

We must solve the unfairness. We must first decentralize the idea of value. Prometheus asserts time is the most valuable thing a human being posessses. As stated in the whitpaper, it is possessed by everyone and it is the very same resource central banks attempt to control with registration of birth. Their system siphons this value with mathematical fraud. They provide a non-linear model for currency for a very linear commodity, human life.

#Prometheus asserts the following model for valuing all commodities.

<value of commodity> = <time spent in producing commodity> + <scarcity of commodity> + <quality of commodity's production>

A very linear model. The <scarcity of commodity> and <scarcity of commodity> could be both positive or negative factors depending directly on supply and demand and are needed in order to model the fact that not everyone's time is spent equally. This allows the potential for an open commodities market but does not limit it to being open.