My suggestion is to introduce a Diamond coin when all the World has joined us. When TrueCoin reaching the price of 10 000 Global which means that we have 10 billion TrueCoins in the system, then all members will get one Diamond coin for free.
When the World has joined us, the daily income will be 100 euro daily and TrueCoin will be worth 100 000 euro. We will no longer have any poor members but there will still be a huge difference between the members that has many TrueCoins and those who has almost none.
Diamond coin will give us 10 Global in daily income and we can sell it. The Diamond coin will have a value close to a TrueCoin.
Initially, the Diamond Coin will have a huge equalising effect because all members get the same. But we are also creating an asset that rich people want to have. In short term, a TrueCoin will be more valuable than a Diamond coin but in long term, it will be the opposite.
Here is a list of consequences:
1. Diamond Coin will have a huge initial equalising effect
2. It will create an asset that investors want to have
3. It will increase the value increase of TrueCoin compared to Global
4. Global will lose value compared to euro
5. The daily income will be higher
6. TrueCoin can be seen as a daily income as well. TrueCoin is generating 10 Global daily if we have 7 billion members and 7 billion TrueCoins. When the number of TrueCoins goes up, we will get less than 10 TrueCoins daily. When we introduce Diamond Coin, the daily income for TrueCoin will double as well. When we get our 10 Global and convert them to TrueCoin, the value doubles. 10 Global is spend to create new TrueCoins and 10 Global will be generated as a value increase of TrueCoin. With Diamond Coin, we will have 20 daily Global that doubles to 40.
7. The members will have a new asset to trade and it will generate new interest. My fear is if we dont introduce the Diamond coin, TrueCoin will be must less attractive to invest in and the value of TrueCoin and Global may decrease.
The main problem with the Diamond coin is that it encourage to create double accounts. If you manage to do that, you can sell a Diamond Coin for 100 000 euro. So this is a serious problem to solve.
My idea is that the Diamond Coin can not be bought in bits. So to buy one, you need a TrueCoin or 100 000 euro.
When the World has joined us, the daily income will be 100 euro daily and TrueCoin will be worth 100 000 euro. We will no longer have any poor members but there will still be a huge difference between the members that has many TrueCoins and those who has almost none.
Diamond coin will give us 10 Global in daily income and we can sell it. The Diamond coin will have a value close to a TrueCoin.
Initially, the Diamond Coin will have a huge equalising effect because all members get the same. But we are also creating an asset that rich people want to have. In short term, a TrueCoin will be more valuable than a Diamond coin but in long term, it will be the opposite.
Here is a list of consequences:
1. Diamond Coin will have a huge initial equalising effect
2. It will create an asset that investors want to have
3. It will increase the value increase of TrueCoin compared to Global
4. Global will lose value compared to euro
5. The daily income will be higher
6. TrueCoin can be seen as a daily income as well. TrueCoin is generating 10 Global daily if we have 7 billion members and 7 billion TrueCoins. When the number of TrueCoins goes up, we will get less than 10 TrueCoins daily. When we introduce Diamond Coin, the daily income for TrueCoin will double as well. When we get our 10 Global and convert them to TrueCoin, the value doubles. 10 Global is spend to create new TrueCoins and 10 Global will be generated as a value increase of TrueCoin. With Diamond Coin, we will have 20 daily Global that doubles to 40.
7. The members will have a new asset to trade and it will generate new interest. My fear is if we dont introduce the Diamond coin, TrueCoin will be must less attractive to invest in and the value of TrueCoin and Global may decrease.
The main problem with the Diamond coin is that it encourage to create double accounts. If you manage to do that, you can sell a Diamond Coin for 100 000 euro. So this is a serious problem to solve.
My idea is that the Diamond Coin can not be bought in bits. So to buy one, you need a TrueCoin or 100 000 euro.