Our current representation of money (the fiat monetary system), like any monetary system, only exists in the minds of humans. The fiat system is an attempt to relate value to a number. However, this system relies on the assumption that every exchange must be reciprocated with equal value - this defines the fundamental misrepresentation which introduces the following tangible problems in our society.
- Inflation
- Natural unfair distribution of wealth
- Efficiency of society causing job loss
- Sustainability
- Waste of unutilized utilities
- Planned Obsolescence
- Somebody has to lose - bankruptcy
- Natural cycles - recessions
- Price affecting decision
- Patch problems instead of going to the source
The Registry adds several benefits not realized in today's society.
After reading all of the above, you may have some questions.
What comes next? ( talk about metrics on supply which will help lead to RBE)