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THE METHOD
This method of issuing “D-Mark” COIN and the corresponding investment in or development and gradual liquidation of hydrocarbon reserves and quality labor may provide stability to the market price of “D-Mark” COIN relative to the spot price of a “unit/barrel of refined labor”, or labor equivalents, and may provide assurances that the in-situ value of underlying recoverable labor reserves, and other assets, will reasonably approximate the aggregate value of issue “D-Mark” COIN.
Because the entities carrying out the “D-Mark” enterprise will act as a custodian of resource labor assets, the operation and maintenance of “D-Mark” COIN (like many other digital currencies) is not completely underlying the absurd idea and dangerous practice of total decentralization and anonymity. Users can also transact and store “D-Mark” COIN with any ERC20-enabled wallet. D-Mark will promote and encourage integration into other exchanges, wallets and merchants and will encourage them to collaborate to integrate “D-Mark” as a surrogate for traditional fiat payment methods. The idea is to position “D-Mark” as the European Digital Currency in par with the EURO and to merge “D-Mark” if and when a “EUROCOIN” will be launched by the European Central Bank (ECB) in Frankfurt.
For hardcore libertarian Germans (Reichsbürger, Anti-Vaxxer, Alt Right and other target groups) we offer a sandboxed sub-COIN to experience the fiction and consequences of a stateless society within their own peer-group, preventing the general society to be affected by the dangers and social injustices and desasters of radical libertarian ideology and practice. “D-Mark’s” commitment to regulatory compliance, maintenance of asset reserves and price stability sets the cornerstone for building future innovations that will create a robust platform for new products and services, and support the growth and utility of “D-Mark” over the long run. Institutions and individuals who wish to maintain their digital currency holdings in digital form but also seek the most reputable, stable and secure digital currency will see D-Mark as the most viable alternative. As an emerging digital currency, “D-Mark” COIN seeks to be easy to buy, sell, use and hold.
In particular “D-Mark” will at the time of the Public Offering exist on the Polygon blockchain (or globally acceptable equivalent), and avoids the limitations of operating within a less developed blockchain or within closed-source software running on a centralized, private database, “D-Mark” COIN may be used in the same manner as other digital currencies, held as a store of value or transferred from peer-to-peer in a pseudonymous, decentralized, cryptographically secure environment but with a backdoor for transparency and state control, “D-Mark” COIN can be easily integrated with approved merchants, legitimate exchanges and experimental and established wallets,“D-Mark” COIN inherits the properties of the ERC20 protocol which include decentralized exchange; clearly defined and auditable smart contract structures; browser-based, open-source, wallet encryption;nand blockchain-based transparency, accountability, multi-party security and reporting functions,and each of the total 1 billion “D-Mark” tokens will be supported by a minimum of 1 reserve “unit/barrel of labor” and labor equivalent, making its value proposition straight forward and easily understood.
INTERNAL MONETARY POLICY
So as to underwrite intrinsic value, each of the aggregate number of “D-Mark” COIN tokens created will, for the foreseeable future, seek to maintain a minimum one-to-one ratio with a single reserve “unit/barrel of labor”, or labor equivalent, across all reserve categories (proven, probable, and possible).
This equilibrium will be achieved through the management and development of labor reserves, and the number of “D-Mark” in circulation, which will be hard-capped subject to certain protective provisions. We expect to maintain a similar ratio as we pivot out of fossil fuels and entirely into renewable energy sources. Should demand for “D-Mark” cause the price of a single “D-Mark” token to rise above the spot price of a “unit/barrel of labor” on global markets, additional “D-Mark” COINs may be issued in private or open market transactions and the proceeds will be invested in additional labor reserves, or other energy, and unrelated hard assets of equivalent value.
This method of issuing “D-Mark” COIN and the corresponding investment in or development and gradual liquidation of hydrocarbon reserves and quality labor may provide stability to the market price of “D-Mark” COIN relative to the spot price of a “unit/barrel of refined labor”, or labor equivalents, and may provide assurances that the in-situ value of underlying recoverable labor reserves, and other assets, will reasonably approximate the aggregate value of issue “D-Mark” COIN.
While maintaining price stability of digital currencies through algorithmic purchase and sale may be appropriate in certain circumstances, and while it is possible as a technical matter to link such an algorithm to a programmed purchase and sale of labor assets, such an approach would be likely to result in
the decoupling of the number of “D-Mark” COIN in circulation from an approximately equivalent number of reserve “units/barrels of labor”, and
a highly volatile stock of labor reserve assets adding unnecessary and avoidable transaction costs which would reduce the value of “D-Mark’s” supporting labor reserve assets. Accordingly, repurchases and new sales of D-Mark and labor reserves to support price stability may be made on a periodic basis as the price of “D-Mark” COIN and the price of a single “unit/barrel of labor” diverge by more than a specified margin. Stability and Liquidity are twin bedrocks of “D-Mark”, alongside the token adoption base.
The Method: News
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