Energy Coin: A Universal Digital Currency Based on Free Energy
Issue:
Volume 6, Issue 5, October 2020
Pages:
95-100
Received:
17 November 2020
Accepted:
1 December 2020
Published:
8 December 2020
Abstract: This paper introduces a kind of world common digital currency based on free energy, which scientifically defines value and wealth, consummates the theoretical basis of economics, and points out that energy coin is an ideal world digital common currency for wealth and freedom. free energy (G=H-TS) of the earth's ecosystem is the dynamical potential of its self-organization and evolution and the state function that dominates the direction of evolution. Human society is an integral part of the earth's ecosystem. In social and economic activities, free energy (G=H-TS) is expressed as the value of goods and services, and is the potential function that dominates social progress. The energy coin, which uses free energy as the benchmark of value measurement, fully reflects the nature of value ecology, politics, economics and physics. The essence of energy coin is thermodynamic potential function, driving force of human society, and benefit mechanism of system self-organization and cooperation. Free energy is the thermodynamic potential of goods and services, representing the ability of external work and empowerment. Energy coins are physically decentralized based on the energy contained in countless goods and services, and free energy is measurable and calculated, so energy coins are a natural non-national ideal world currency, that is not manipulated by any individual, organization or state, and unifies the self-organization mechanism of the earth's ecosystem with the market self-organization mechanism. Energy coin is a value chain digital currency based on block chain technology. It is a monetary system that can automatically control the size of money according to the scale of goods and services market. It solves the pain points of various currencies in history, such as gold deflation, inflation of legal currency, and the malpractice of no value base of various digital currency.
Abstract: This paper introduces a kind of world common digital currency based on free energy, which scientifically defines value and wealth, consummates the theoretical basis of economics, and points out that energy coin is an ideal world digital common currency for wealth and freedom. free energy (G=H-TS) of the earth's ecosystem is the dynamical potential ...
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