Seeds: A New Currency
SEEDS’ unique protocols maintain a more stable value for Seeds. This addresses the intense volatility of many alternative currencies.
This happens by tracking demand changes and creating new Seeds to meet new demand. For example, with Bitcoin new demand is represented by an increase in the price of BTC, leading to wildly appreciating price.
Imagine borrowing BTC a few years ago. You’d have a 1000+% interest rate to pay back that 1 BTC. Seeds fixes this problem. Bitcoin, and many alternative currencies are designed like gold and stocks while Seeds are designed like national currencies.
Bitcoin = Digital Gold;
Most Other Cryptocurrencies = Better Stocks;
Seeds = Better Money
Unlike national currencies, Seeds are not created from impossible debt and exploitative interest. Instead, Seeds are created to replace destroyed currency and to meet new demand as our society grows.
Seeds are also routinely destroyed to account for any decreases in demand.
Many services provided today could be replaced with code providing “zero marginal cost” services. Examples include, digital advertising, banking services, insurance services, escrow services, etc). SEEDS will provide these services and users pay for them by burning Seeds. These services will become more valuable as SEEDS grows, balancing growth and destroying currency to fuel the harvest.
Where the money comes from
Growth comes from transitioning away from our current financial systems – not from converting our natural and social world into money. We repurpose the incredible growth designs of our present systems to transition into new ones. Once we’ve transitioned into this new system we can evolve it however we need using a clear and direct governance process.
New Seeds go directly to reward a variety of beneficial behaviours in our society.