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– How can systematic redistribution and the imperative of exponential growth be eliminated?
– Who can implement an independent money system that doesn’t require systematic redistribution and exponential growth?

LEVEL I: Basics

– Which criteria must be met to avoid systematic redistribution and the need for exponential growth?

LEVEL II: Creating Interest-Free Money

– On what basis is money issued, i.e. which conditions must be met for market participants to obtain money for circulation?
– When must promises be redeemable?
– Which market participants can issue money?
– Should MONEY 2.0 be anonymous (i.e. all currency participants issue identical money), or individualized, in the sense that money shows the issuer and can only be redeemed with them?

LEVEL III: Administration

– How can participants’ economic abilities be quantified?
– How can participants safely rely on the promises of others?
– Who carries the burden of defaulted promises?
– Who should administer MONEY 2.0?
– Who can participate in MONEY 2.0?

LEVEL IV: Saving and Money-Lending

– If money can only be issued for soon-to-be-redeemed promises, how are long-term investments funded?
– Who organizes money-lending?
– How is money-lending implemented in practice?
– How can participants be prevented from faking transactions and simulating the provision of services?

LEVEL V: Money Parameters

– In which form should MONEY 2.0 be issued?
– Should MONEY 2.0 be convertible to traditional bank money?
– How should the exchange rate to other currencies be determined?
– How do transactions to non-members work?

LEVEL VI: System Parameters

– How is MONEY 2.0 funded?
– Should the currency administration be funded through MONEY 2.0 exclusively, or does participation require traditional bank money?
– Does MONEY 2.0 have to be in line with current legislation?

LEVEL VII: Replacing Bank Money

– How can an alternative money system replace the traditional system?
– How must an alternative money system be designed to be more attractive than bank-issued money?

LEVEL VIII: The Three Functions of Money

– Requirements to replace bank-issued money as a MEDIUM OF EXCHANGE
– Requirements to replace bank-issued money as a UNIT OF ACCOUNT
– Requirements to replace bank-issued money as a STORE OF VALUE

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