CBERWhat this is: CBER is an open design. A working reference engine and simulator exist, but there is no real payment or energy service yet. Read the idea, try the experiment and see what still needs work.
The idea in 30 seconds
The aim is replacement by CBER. Parallel use alongside euros and other currencies is the realistic transition for now. The door enables that transition; ordinary trade can also take place in CBER.
You pay the baker in CBER. The baker pays an installer. The installer buys something else or draws energy. The same money can change hands several times before anyone consumes the energy backing it.
01
Inside CBER
Energy backing, the Basic Pulse, Luxury Coin and payments for goods and services belong here. The design permits trade using both the Basic Pulse and Luxury Coin. A CBER payment does not need to pass through euros.
02
A basic budget for everyone
The Basic Pulse is a personal daily budget supported by renewable sources. Everyone participates. The bank regulates its size within supported capacity. New renewable input first funds the missing basic budget; remaining issuance becomes Luxury Coin.
03
At the door
To exchange CBER for euros or another currency, you go through the door. That is where the rate is set and settlement happens. Paying in CBER stays inside.
The film
Three minutes: how a coin gets tied to a kilowatt-hour. Open the film on its own page.
The coin is freely tradable
The design allows CBER to be bought, sold and transferred, including by people interested only in the currency. Generating or consuming energy yourself is not a condition for that use. Trading against euros or other currencies goes through the door. This website does not yet operate a real CBER market.
Basic Pulse and Luxury Coin: both can be spent
Basic Pulse
- Source
- Personal daily budget funded by shared renewable input
- Use in the design
- Draw energy and pay for goods or services
- What remains?
- Unused daily entitlement expires; its funding stays in the fund
Luxury Coin
- Source
- Remaining new issuance, or receipt of a payment
- Use in the design
- Draw energy and pay for goods or services
- What remains?
- The balance remains and shares confirmed reserve losses
You cannot sell your personal entitlement to future Basic Pulses. You can trade using today's available budget. Payment settlement must debit it once without creating unbacked money.
From Basic Pulse to Luxury Coin
A payment from the Basic Pulse debits the payer’s available basic budget. The recipient receives that amount as Luxury Coin, free to hold, spend or trade. It does not expire at the end of the payer’s day. Existing fund claims move to the recipient: total issuance and the energy reserve stay unchanged.
What does energy backing mean?
The reserve contains measured usable energy. A coin represents a share of it. Paying someone transfers that claim. Only measured energy delivery burns the corresponding claims.
A loaf priced at 3 CBER does not have to cost 3 kWh to produce. Currency backing and product prices are different things. Buyer and seller agree the price.
How would I use it?
You do not need solar panels to participate. The design lets you receive CBER for work, goods or services. Renewable energy contributions first fund the missing basic budget; remaining issuance goes to your own balance.
The bank does not choose where you shop. Parties accepting CBER can receive it directly. The door connects to parties requiring another currency.
Buy ownership step by step
CBER has no debt or promises of future payment. Each payment can buy an actual share of existing property. The part you have not bought stays with the seller; it is not your debt. How this works.
What works today?
The simulator uses the real reference engine for energy backing, coin transfers, funded basic energy and recovery from meter problems. The stress report also shows shortages.
Merchant payments from the Basic Pulse and exchange with other currencies are not built yet. They belong to the design. The current experiment can deliver energy from the Basic Pulse, but has no merchant payment function for that budget.
Listen to the explanation
CBER backs money with renewable energy · English · 5:40
Who are we?
Bart Overkamp, Elon de Boer and Robin Genis. We are developing an open design that anyone can read, question and improve.