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This repository has been archived by the owner on Jun 17, 2020. It is now read-only.
Suppose I buy a computer to do my work for Rchain. I buy with my own USD. Then I send the invoice to Rchain and they reimburse my USD with RHOC for 1/4 of the price at the current market price RHOC-USD. Rchain reimburses me also for the next 3/4, if I'm still a member of the Coop Rchain and if I still can prove that I use the computer or if I can prove that the computer is still in my hands.
The owner of the computer is Rchain and Rchain can depreciate on that asset in four years. I only have the right of use during my membership. The RHOC I can keep or sell on an exchange. So in fact I can use the computer for nothing.
This idea can also apply to services. When I provide my time and deliver a service, then Rchain can pay me in RHOC.
Or it could apply to buying a ticket to a place where I have to Rchain work. I buy the ticket in USD. Send the invoice to Rchain. And Rchain reimburses me in RHOC. Like that I travel also for nothing.
The advantage is that RHOC's get distributed in small amounts to workers all over the world and Rchain creates a world wide economy with RHOC's.
The text was updated successfully, but these errors were encountered:
lapin7
changed the title
Rchain buys goods and services with Rhoc. It's a RHOCH Distribution system.
Rchain buys goods and services with Rhoc. It's a RHOC Distribution system.
Apr 2, 2017
Suppose I buy a computer to do my work for Rchain. I buy with my own USD. Then I send the invoice to Rchain and they reimburse my USD with RHOC for 1/4 of the price at the current market price RHOC-USD. Rchain reimburses me also for the next 3/4, if I'm still a member of the Coop Rchain and if I still can prove that I use the computer or if I can prove that the computer is still in my hands.
The owner of the computer is Rchain and Rchain can depreciate on that asset in four years. I only have the right of use during my membership. The RHOC I can keep or sell on an exchange. So in fact I can use the computer for nothing.
This idea can also apply to services. When I provide my time and deliver a service, then Rchain can pay me in RHOC.
Or it could apply to buying a ticket to a place where I have to Rchain work. I buy the ticket in USD. Send the invoice to Rchain. And Rchain reimburses me in RHOC. Like that I travel also for nothing.
The advantage is that RHOC's get distributed in small amounts to workers all over the world and Rchain creates a world wide economy with RHOC's.
The text was updated successfully, but these errors were encountered: