Denaro

Questions

Asked, and answered.

The hard questions people have put to Denaro, answered from the whitepaper, which has the details and names what is still open.

  1. 01

    Isn't this a tribute paid to invaders?

    No one pays it. Nothing comes out of a taxpayer's pocket or a worker's wage: the homecoming grant and a member's stake are Denaro's own new money, not taxes and not anyone's pay, so no hospital bed or university place is spent on it. The wage is the same for everyone, native or newcomer, so nothing in Denaro pays anyone to move abroad, and a member abroad holds half the share in their homeland that they would hold living there. The pay is for going home: a homecoming grant (a year's wages, as a placeholder) and a double share for as long as they stay. Section 5.

  2. 02

    What do the people already there get?

    What everyone gets: a share in their own homeland, doubled for living in it, and the same day's wage for the same day's work. And a way for those who would rather be home to go there, paid in Denaro's own new money rather than by the host's taxes, with no wall and no one forced.

  3. 03

    Doesn't it reward coming here first, then leaving?

    No. The homecoming grant is paid once in each fifty-year cycle, so leaving and coming back again earns nothing, and it is never the host's money. The largest part, the wage, is the same wherever a person lives and works.

  4. 04

    Paid return has been tried for decades. Why would this work?

    Those schemes are paid by the host, once, out of its taxes, and they end at the border: Sweden's, from 2026, is 350,000 kronor. Denaro pays in its own money and keeps paying: a member at home holds double the share of one abroad for as long as they stay, so the reason to be home lasts. It is a price, not a rule, so it needs no enforcement: it works on those it persuades and costs the host nothing for those it does not. And most of what it pays goes to people who never left, which is the larger point: to make staying pay. Section 2.

  5. 05

    Doesn't it need a totalitarian state to work?

    It needs no state at all. Nobody has to take it, sign up, move or leave, and it has no police: its only levers are what it pays and what it withholds from its own stakes. It is to run as a public program on a chain no government controls, and the lines on its map are not state borders and claim no sovereignty. Section 13.

  6. 06

    Is this a scam coin?

    A scam takes your money. Denaro takes none: there is no token yet, nothing for sale, no presale, and no treasury bought with outside money. Nothing on this site asks for a payment, a wallet or a key. The sign-up is a list of people who want to hear more. Section 16.

  7. 07

    What are the actual mechanics?

    Five, in short. The wage: one denaro for a day's work for the place, witnessed by two or three neighbours and paid before sunset, the same to everyone. Stakes: each homeland's share of new money, fixed once at the start by its headcount then, is held by its people: three parts for descent, three more for living at home, one for a resident of other descent. The release: stakes are leased, never sold, and every lease ends on the Day of Atonement of every fiftieth year, first on 1 October 2074. Borders by consent: a line moves only when the people on both sides say so and those who lived there are still there; land taken by force earns nothing. One account per person, vouched for by neighbours, never issued by a state, never a scan of the body. The whitepaper.

  8. 08

    Who defines ancestry? Won't it be gamed?

    A homeland's people define it, as peoples always have: by recognition, the way citizenship by descent, tribal enrollment and parish registers work, and never by a genetic or racial test. A claim names a line, and two or three members vouch for it with a bond. The gaming is bounded by numbers that hold at any price. A witness to a false claim pays back double what it gave (Exodus 22:9), so a ring loses money whenever half of false claims are found. The first to confess pays only what it gave and a fifth (Leviticus 6:5), which breaks rings. Vouches are limited, so a ring of one member in ten can grow a register by at most about 7 per cent a year. And padding a register gains a people nothing: its share was fixed at the start, so false members only take from their own people. Section 5, "Gaming it, by the numbers".

  9. 09

    Isn't it just free money? Won't it be worthless?

    It is new money, and the paper says so: the wage and the allotment dilute everyone who holds denari. A denaro is worth what people will take it for, and each homeland publishes what a day's wage buys, so the word can be checked against bread. It may be worth little. Every money began as an agreement to accept it; Denaro's wager is that pay for a day's work and for coming home is one people will keep. Section 11.

  10. 10

    Doesn't paying per head reward having more children?

    No. Each people's share of new money is fixed once, at the start, by its headcount then, and never grows. A birth divides a family's and a people's share instead of enlarging it, as land was divided among heirs (Numbers 26:54; 36:7), so no people gains by outnumbering its neighbours, and a people that holds steady keeps its standard. Section 11.

  11. 11

    What about peoples who would never take part?

    Nobody has to join, and no people loses its place on the map for staying out: a homeland's share waits in its commons for its own people. The map is a draft for the peoples to correct, and its hard calls and near misses, the Aboriginal and Torres Strait Islander peoples among them, are put to the peoples themselves. Section 4.

  12. 12

    Isn't this a politics of race?

    The wage asks no one's descent: the native and the newcomer earn the same denarius for the same day (Deuteronomy 24:14-15). Descent decides only who shares in a homeland's land, as citizenship by descent does in most countries, and the door is open by vow, as it was for Ruth. Nobody is tested by blood. Some will read it as a politics of race anyway; the paper names that risk and the law it may meet. Section 14.

  13. 13

    Isn't this the labour-backed money of National Socialist Germany?

    No. That was a state's money, issued to arm it, behind exchange controls, in a state that took land by force and persecuted and murdered people for their descent. Denaro has no state, no controls and no compulsion; its wage is the same for everyone whatever their origin; and its rule against force is that land taken by conquest is never recognized and earns nothing until it is given back. Section 9.

  14. 14

    Isn't it naive? The strong will not leave the weak alone.

    It may be. Denaro cannot stop an army. It can only make conquest earn nothing in its own money and make giving land back pay, and the paper says plainly that a penalty in a currency few hold deters few, at first. What it can change is what staying, returning and building pay, a little at a time, from the bottom up.

  15. 15

    Why "the ultimate stablecoin"?

    Stable because it keeps the world stable: a people paid to keep and build its own place has less reason to leave it, or to take another's. Not stable in price: Denaro is not pegged to any currency, cannot be redeemed, and can lose value.

  16. 16

    When does it start?

    Genesis is planned for Pentecost, Sunday 16 May 2027, after a test network, an outside audit and legal opinions. Until then this site is a sign-up sheet for an idea. Section 15.

  17. 17

    What do I get for signing up and sharing?

    News, when there is some. And everyone who signs up through your link is counted as brought by you: the referral tree will be used to determine a bonus when Denaro begins. Its form waits for counsel, and nothing here promises its size or any price.

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