Agree on value coin?
Can you agree on the value of a coin?
Although the market ultimately determines what something should be worth, it is perfectly possible – as at festivals – to use tokens and to agree for those coins what they are worth at that festival.
In the same way, this also works on a local level, and there have already been examples that this can indeed work locally. So it is quite possible to agree on prices as a basis. Although the value – certainly in the initial phase where everyone still has to get used to – will still be adjusted quite often.
Still Have Questions?
The 1CoinH / Ethical Money system is nothing like we have ever seen before. We can imagine you have plenty of questions left.
Please don’t hesitate to ask us. It also helps us to understand what we haven’t explained well enough.