National Bitcoin

Money, Bank, and Payment System

[A] Like Paper Cash, but Online

In everyday use, National bitcoins are like numbered paper cash bills. There are no intermediaries between payer and payee. Payments can not be rejected, delayed, detained, or sent back. There is no one to force chargebacks. No one, not even officials, can block accounts. By default, accounts and transactions are anonymous: transactions can be tracked but can not be easily associated with anyone. No ID, no email, no any other identifier is required to accept payments, store money, and pay. Storage is secure and free. No subscription fees of any kind. No payment limits. No maximum daily or monthly amounts. There are no cross-border controls and tolls.

[B] Payments Can Reach Anyone

A blockchain address is all it takes to send money. You can pay anyone, including unbanked and sanctioned people, and those living in hard-to-reach territories. You can even “upload” money for general delivery to those you don’t know personally using their social network usernames.

[C] Great for Merchants

As economic fragmentation is growing and the connectivity of the global banking system falters, merchants will soon be preferring cash and cryptocurrencies. To accept National bitcoins, merchants need no POS device.

Baseline Economic Logic: Money is Public Monopoly

[1] Fairly Distributed Bitcoins

National Bitcoins use the Bitcoin Core protocol. Some changes apply to the block reward algorithm, signature scheme, and emission curve.
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The eight National Bitcoins serve the peoples of eight self-sufficient territories. Same-mechanism regional reserve currencies operate as Russian, M.E.N.A., Latin, Indo-Pacific, Franco-German, Chinese, American, and African Bitcoins.
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For each territory, approximately 90% of coins are created with block 1 to be evenly distributed among all residents as soon as possible.

[2] Demand is Formed by Governments

Governments use National bitcoins for foreign trade and as an underlying value for local fiat money. It is governments that compete to buy National bitcoins from people. The race for power creates demand and supply forces, not speculators and profiteers. The market mechanism is being formed at the interstate level.

[3] Supply is Formed by People

Just because the source of all value in the world is people and what they do plus natural resources (which belong to the people), the only source of money (and, consequently, power) must be the people, not presidents, governments, or oligarchic clans. Despite being written down in most modern constitutions, this obvious principle is never actually implemented. For the first time in history, National Bitcoin is creating a real mechanism where the only source of money is people themselves!

Value of National Bitcoins

Seigniorage profit pie is up for re-division.

A change in world finance is inevitable.

Your local government has little room for maneuver. If it does nothing, the currency of your strong neighbor takes the US dollar’s place. Then you obey the new smaller senior. If your government recognizes National Bitcoin, your people can use this regional reserve currency on equal terms with all your fellow neighbors.

National Bitcoin is a tool for governments to take part in the coming reshaping of the reserve currencies landscape. National Bitcoin creates eight independent and fair reserve currencies. National Bitcoin is ABOVE THE GREED of regional elites.

4All People

4Merchants

4Miners

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National Bitcoin

Money, Bank, and Payment System

Baseline Economic Logic: Money is Public Monopoly

A change in world finance is inevitable.

National Bitcoin is what you need now to confront:

National Bitcoin does not depend on a single technology provider. National Bitcoin is decentralized.

Fairly Distributed Bitcoins