The United States of America is Bankrupt

People’s GRB Eco (GRBe) cryptocurrency alternative to the Fed’s US$ public debt money.

People’s GRB Eco Cryptocurrency Algorithm
People value natural resources at 5 quadrillion (q) ecos with the buying power of 2020 US$. GRB gains income from an ecosystem impact fee on GRB eco accounts and exchanges ecos with the GRB eco reserve to sustain ecosystem balance. People’s average ecosystem impact sets peoples eco account fees and the impacts of transparent commercial eco accounts sets their fees. GRB eco income maintains the GRB network and basic income supports everyone for life. The GRB invests .1q ecos each in eco-restoration, conservation, education, recycling, clean energy, technology, science, health care, agroecology, infrastructure, housing, art, the GRB network and disarmament. The people’s average feedback to the GRB eco algorithm adjusts the eco value of natural resources, the GRB network percentage and the amount of people’s basic income. GRB is a decentralized autonomous network of people who rule the GRB eco algorithm by majority. Free-flowing GRB eco accounts are accessed by biometric identification and guardians have proxy rights. Current dollar assets are converted to ecos, and possessions are transferred by smart eco contracts. After 1 year of inactivity, GRB eco accounts revert to the reserve.

GRB ecos (e) Balance Sheet (q)
Assets                                        Liabilities

5.0 natural resources              3.0 basic income for 8b+ people x e50/day x 20 years
1.0 $ assets > e                         1.4 investments in eco-restoration, conservation, etc.
_________________________________________________________________________________________
6.0 ecos minus                         4.4 = q1.6e reserve

References
The New York Academy of Sciences, Implications of an Alternative World Exchange System
Mother Earth News interview with Dr. Arthur Shaw on Copionics, i.e. Abundant Economics
Ecological (Eco) Economics video by Dr. Dan O’Neill

For peace in a world without borders, hunger, war and climate change network GRB..

Dr. Arthur Shaw, Frances Fox, Jo Anne Hissey and John.Pozzi@grb.net