In some sense it is a joke. But no more than Doge coin.
I thought what if we created something that mocks the way the federal reserve and the banks and credit unions operate to have unlimited funding. I thought just to illustrate to people how precarious the present world economy is.
Then I figured out that when the cops tried to kill me the damage might be a salable resource.
Then I decided to create something that was not a debt instrument. This would be as transformative as when the Federal Reserve created debt notes as money instead of silver certificates. I figured out that it's true that we each have infinite worth...
I'll prove it.
If we can agree that forgiveness is worth anything at all...
Then, if we can receive infinite damage... and we can forgive that damage infinitely then we can say that we have a fountain of infinite worth.
Re-read that... understand how important that last point is....
Because everything in life that you are taught tries to keep you from understanding this point.
It's a revolution to embrace this concept.
But when I talked with the CEO lady of SmartValor at CoinAgenda in Las Vegas last year, I had just 45 seconds to chat with her. She was a past banker. And in that short time I told her that RemedyCoin was based on people's infinite worth. And she agreed and invited me with a free pass to her conference in Switzerland. I went there.
So could it be that the banks are treating us as if we have infinite worth. But our unperfect credit ratings are a kind of dishonor that subtracts....
What if our forgiveness contracts actually put the offender back into honor by allowing the act of forgiveness to be tokenized?
We could have a system that brings all of us back into honor.
No here's the really WILD thing...
It's going to be really fragile at first... I mean leverage amounts of 1,000 X or so.... And people will have remedy tokens that aren't able to buy things for a while, but as more and more remedy cases happen, we will be able to trade remedy coin against remedy coins. This way we establish a net of support.
And groups of people can create financial instruments affirming value for purposes - houses, cars, education, streets, buildings.... And blockchain manages the transactions...
So I see it evolving to a super economic framework that quickly goes to 1000x the size of the present economy.
heck - even my damage from the Bakersfield police
https://RemedyCoin.com/remedy.Baker -- It has spreadsheets of damage that you wouldn't believe.
Now nobody's ever judged how much damage would cost if the one who violated had unlimited funds to pay. Usually some consideration is made as to what's reasonable considering what amount can be paid. Well in this case it's infinite. And I'm the one deciding what price I'm willing to accept to forgive the other party and I might not be able to sell all that token, so it needs to cover my necessities in the matter. So for stomping on my head three times, I'm charging 210 Billion bitUSD.
What would you charge. I mean this is a person's opportunity to tap their infinite personal worth -- for all they can.
I learned about Bitcoin when it was $5 and it went as high as $20,000 .... I should have had all my damages paid back then in 2012 - three years after the police incident.
I invested everything that I could in Bitcoin. I was a huge evangelist and helped cultivate the Sillicon Valley Bitcoin meetup (the world's first Bitcoin meetup). I made it as comfortable as I possibly could at the Plug and Play Tech Center where I worked. And I went to Sams Club to buy the pizza, soda and water and got my boss and the owner of the company to pay me back - every week for over a year.
So everybody knew I was making my life to be about moving Bitcoin forward.
OPPORTUNITY COSTS...
So I can charge the Bakersfield Police Damages of opportunity cost multiplier of 4,000 X.
So when I added everything up and did the multiplier it came out to like 4 quadrillion dollars.
So I consider myself the richest man on earth. I'm the first to be able to figure out how to make a conversion of damage into an asset through the alchemy of forgiveness and the human heart. And I have a horrible un addressed liability from the police, county courts and hospitals and the FBI not acting on my tip nor my visit to their office.
You may be in disbelief... this may sound too good to be true.
It allows me to boldly confront anybody... like I just did with former SEC attorney John Reed Stark. His LinkedIn article was meant to send chills down the spines of crypto currency service businesses with AML KYC requirements he called "laws". He said that those who break the laws would go to jail. I'm an intelligent anarchist. I listened to scores of hours of MarcStevens.net . On his show he tells how there is no evidence to show how government laws apply just because you are within the geographic boundaries.
So I was able to request evidence to support this attorney's claim in an artful way.
Well you can read all about it at
https://remedycoin.com/remedy.stark When he defaulted, he became a liar, a terrorist, agreed to my creation of a forgiveness asset,, binding that asset to a crypto-currency. And I even made mention that I had been told that security instruments that are the result of an arbitration settlement are exempt from regulation (Trace Mayer told me this and the head of the employee compensation fund from Illinois concurred - separate conversations).
So I'm coming up with financial instruments that are not subject to regulations that have HUGE value capacity. It SOLVES the problem Bitcoin has - people can't get enough cash swapped for bitcoin because of regulations.
So look. Since 2008 I've been wanting to have a world without debt. Maybe I manifested the whole ordeal with the cops to advance this cause.
Anyway... I am so close to being the richest man in the world until I help others create their spendable wealth as well.
I read Milton Freedman's "Free to Choose" book 35 years ago in high school. I've favored the Austrian economics over Keynesian, but I've felt that both are meant to distract from the optimum solution - so I've avoided studying them.
What I need are participants... People to get on Bitshares and participate in the markets... My god I'd be thrilled if people would even engage at 10 or 15 cents worth... I really feel this system is holographic.... meaning if you buy 10 cents of a 4 quadrillion dollar market cap, you are projecting an affirmation that the whole thing is worth 4 quadrillion dollars. More people engage the same and we have support - a belief in the value of the whole. Meanwhile others are creating their own remedy coins... and now we swap remedy for remedy. A mesh network grows and we have a beautiful thing...
Instruments that for some reason don't have a good reputation don't hurt the whole system... each coin stands on it's own merits.
so this thing is voluntarily... nobody demanding anybody accepts it.
It has an organic path to maturity. And I can't spend all of my 4 quadrillion worth untill I help the world get to like 300 quadrillian. You see?