Friday, April 5, 2019

Pure digital liquidity with bearer pennies

The sandbox is accurate, it can support bearer assets and we should start with the penny.

Look at the trivial costs to tapping the screen, sending me a penny to read my post.  That technology exists only in one form, the bearer asset penny.  The trivial purchase cannot justify a traditional ledger fees of any sort, it must be a bearer asset.   Penny purchases require the smart card concept, and well justify the development.

Pennies make a great bearer  coin for the internet, it is the perfect quant to buy and sell blog posts. We need to start the Bearer Penny Firm, make instant blog purchases happens and the information content of blogs becomes extremely more accurate.

As a representative of the Redneck Venture Industries, I hereby order up, one CEO and one group of techies to make the Bearer Penny Corporation real.  I have a name: Pooh Bear,  it communicates the idea of soft, cheap, easy with a smile.

Risk budget:

A person reads fifty blogs a day, reconcile her account every four days, your costs low and cash at risk, 2 bucks.  What is not to like, better than the ad industry. Everyone is already risk adjusted for a few pennies so prequal costs go way down. But more importantly, everyone has a credit avenue, a few pennies a day. Every other prequal risk set can develop from the basic Penny Pool. So your risk level is n units of Penny Pool, a credit rating will be a multiple of Penny Risk quants and I will stop writing in capital letters.  Penny S?L technology is low risk, a great experimental platform.  We can cost justify loans of a couple of bucks that clear in a couple of days. Hold the extra liquidity at risk in a bit error budget with a non-profit, shared bankruptcy risk. That S?L tech drive your Penny Network.  The whole company builds on the Copper Standard, a whole set of terms and grammar for the novice investor. We build the anonymous Penny Network and open AP)I set for bearer asset point to point exchange. Each member must have the smart card, and sandbox establishes the Penny Standard as the default credit rating. We need the smart card to prevent Penny Farms spoofing the Penny Network. The tapping on the screen with our smart cards is essential technology.

And the pool becomes billions, like the Facebook or Google pool. This is one of those Next Big Thing, so expect Redneck Capital to be investing shortly. We can pu the firm in Fresno, housing is cheap, you get mild climate, cummute to beach, mountains or Silicon Valley. And for a few pennies in non-profit, I know how to defeat the meth problem.

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