feces Standard Money
It is a new currency system created based on the value of a person’s feces when it is used in the form of energy or compost instead of contaminating nature. Feces, which are bads, can be converted into goods as much as possible. The value of the Feces Standard Money is created at this point, and the standard of value can be established by defining this as 10 Ggool. Feces Standard Money is a project that combines science and art. It is to think about how the new standard of value can change the world beyond the science and technology and engineering research project to convert feces into energy or compost. Producing feces is evidence of being alive. We hope to produce the energy within the society in a natural way by attaching meaning to the respect of humanity’s existence.
Basic Unit of Feces Standard Money, "Ggool"
We defined the value of feces produced by one person in a day as 10 Ggool. We can then determine the price of other values based on 10 Ggool. For example, by imagining the value of the feces as 10 Ggool, we can determine the price of a meal, hamburger, public transportation fare, a novel, the coffee in a mug or coffee in a disposable paper cup, bus fare, a bundle of lettuce, or a carrot. It is the market price determined in the Feces Standard Money Platform. This price has the order, unlike won or dollar, and it will be determined by the invisible hand.
How Feces Standard Money Works
The three principles related to how Feces Standard Money works are sharing and connection, disappearing money, and the concept of basic income. When you receive 10 Ggool, you take 7 Ggool and share 3 Ggool with peers. The peers, receiving 3 Ggool, will also share 3 Ggool with their peers to connect the world with the title, humanity. Also, the Feces Standard Money will disappear by the rate of -7% per day. It does not disappear forever but circulates within the ecosystem. Finally, 10 Ggool will be given to everyone in the fSM system whether or not they went to the BeeVi toilet. This is called basic income fSM.