CBERThe idea in brief
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.
CBER is intended as money for everyday life and trade. Energy backs the currency; its use extends beyond buying energy.
Inside CBER
The reserve, reference engine, bank, Basic Pulse, Luxury Coin and trade in CBER belong together. Goods and services can be priced and paid in CBER. The design permits payment using both the Basic Pulse and Luxury Coin.
The Basic Pulse is a personal daily budget supported by renewable sources. Everyone participates. The bank regulates its size. New renewable input first fills the basic funding gap; remaining issuance becomes Luxury Coin.
Entitlement to future Basic Pulses stays personal. Today's available budget can be spent in trade. Unused daily entitlement expires.
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.
At the door: trade with other currencies
Exchange between CBER and euros or another currency goes through the door. That covers exchange rates, counterparties and settlement. CBER payments do not require this exchange step.
| Example | Where |
|---|---|
| Buy bread using the Basic Pulse | inside |
| Pay for a repair using Luxury Coin | inside |
| Receive CBER for work | inside |
| Exchange CBER for euros | at the door |
This is the permitted design structure, not a claim that every function is already available.
Payment does not consume the reserve
Paying a seller moves claims. The energy stays in the reserve. Energy withdrawal burns claims against measured delivery. Product prices are agreed by buyer and seller; they do not equal the energy used to make the product.
Current status
The engine and simulator support coin transfers and funded basic energy. Merchant payments from the Basic Pulse and currency exchange still need to be built. The stress report shows when the experiment can and cannot meet basic energy demand.
Read about everyday life, architecture and open problems.