The Freedom Credit - Page 1
The Only Digital Money With a Fixed Price, Appreciating Value & Private Ledger
What Is The Freedom Credit?
If you want to replace the horse and cart, don't fight the carting industry. Build the car. If you want to replace centralised currency, don't fight the bankers. Buy The Freedom Credit.
The Freedom Credit is a concept digital currency aimed at becoming the worlds dominant medium of exchange. It's fixed supply and locked purchase price makes it an appreciating means of trade, today and forever into the future.
It's private ledger enables the worlds first true P2P exchanges and empowers you as a sovereign custodian of your wealth.
Value
1 Freedom Credit equals the price of 1 gram of silver in your respective fiat currency, locked to March 3rd 2025.
03 March 2025
*Source - goldbroker.com
To buy 100 FC's with Euros, you'd pay €97. To buy 100 FC's with USD, you'd pay $102. If you want to know how many FC's you can buy with a particular amount of fiat, divide what you have by your fiats 1g of silver value as demonstrated below.
Example: You have ¥24,686 Japanese Yen. ¥24,686 ÷ ¥153.41 (price of 1g of silver on 3rd of March 2025) = 160.915 FC. You can buy 160.915 FC with ¥24,686. If you wanted to use $236.545 CAD ÷ $1.47 = 160.915 FC.
As you can see, the value of 1 FC is the same as the value of a country's fiat currency converted to the price of 1g of silver locked forever to the 3rd of March 2025. If you want to know the price of a particular amount of FC in your fiat currency, multiply the FC amount by your fiats 1g of silver value as shown below.
Example: You want to buy 500 FC using AUD. 500 FC X $1.64 = $820 AUD
You can buy 500 FC with $820 AUD. If you wanted to use USD then 500 FC X $1.02 USD = $510. The price will be the same today, in 12 months, 12 years or 120 years.
App
The app functions like a standard banking app, displaying your balance and transaction history in a color-coded format: green for incoming funds, red for outgoing, and black for your balance.
On the business page, you can easily search for local and global businesses that accept Freedom Credits for goods and services. For instance, searching for mechanics on a map will show red pins for those accepting FC, with a corresponding list below, similar to Google Maps. Clicking on a business icon leads to a profile page with contact details and a direct messaging feature.
If you own a business, you can create a page to promote your services and attract new customers. The marketplace operates like Facebook Marketplace, allowing you to buy and sell items for FC. It's accessible across all devices, including laptops, phones, and tablets.
Transactions
To transfer credits face to face, present your QR code to receive, or scan theirs to send. If you need to transfer credits non-locally, you can use the custom username. Example: mrmysteriox. You can also tap your phone using NFC (near field communication).
For online payments, you can easily integrate FC into your website. The technicalities ensure your funds are always transferred safely and confidentially. The whole process should only take a few seconds, from sending to receiving.
Privacy
Unlike banking and many cryptos, no one can see your account unless you provide access. Your transaction history is cryptographically secure and externally invisible. Much of your financial security comes from your financial privacy. Without privacy, unwanted surveillance can lead to censorship and loss of freedom.
When you manage your finances privately, you can make investment decisions, save, and build wealth without fear of external judgment or interference. If a hacker is unaware of your balance, they're less likely to target you. This makes it significantly harder for bad people to access your info, reducing the risk of identity theft and fraud.
Privacy and self custodial, independent control of your wealth eliminates the influence and risks of centralised authorities. It protects you from unfair scrutiny, discrimination and enhances your security.
By ensuring your transaction history is for your eyes only, you'll experience a level of financial confidence that is unattainable with banking and cryptocurrencies. Privacy is not just a matter of confidentiality; it's a vital component of a free and equitable society.
Security
The account with the best security is the one that only you can access. This guarantees not just your protection, but your children and their children's. This is a system which is being built, not a business. The goal isn't to have a management team constantly updating policy (like banks do) and consistently squeezing profits from you.
This is a system which is being built to be incorruptible and to last for centuries, even millennia. It's not a business model to be passed down the generations. It's a once off creation, that when up and running, won't require further input.
It's being designed like a magnetic, perpetual energy machine. Pull start it once and those magnets keep on spinning. The best money is built by being the most future proof. If it can last the longest without falling apart, like ALL other currencies have, then it will be the last survivor, not because of greed, but merit.
Fees
Purchasing, holding and receiving FC costs 0 fees.
Sending FC costs a 1% fee. For every friend you refer using your referral code, the fee drops by 0.10%. If you refer 10 friends, transactions become free. This fee isn't to profit from, but to incentivise you to spread The FC.
Purchase Bonuses
Purchases bonuses can be awarded when you convert your fiat earnings or savings into FC. After referring 10 friends, having an account for a minimum of 3 months and making at least 10 transactions, you'll be upgraded to "Diplomat" and receive a 5% purchase bonus. If you purchase 100 FC's, you'll receive a bonus 5 FC's.
After 6 months, if you refer another 10 friends and have made at least 150 transactions, you'll be upgraded to "Emissary" and your bonus rate will increase to 10%.
After 1 year, if you refer another 10 friends and have made at least 300 transactions, you'll be upgraded to "Consul" and your bonus rate will increase to 15%.
After 3 years, if you refer another 50 friends and have made at least 5,000 transactions, you'll be upgraded to "Ambassador" and your bonus rate will increase to 20%.
The purchase bonuses will end when all FC has been bought and is in circulation.
Cash Backs
0-6 Months Post-Launch: All FC purchases will receive a full refund of their fiat, encouraging risk-free adoption and ideally reinvestment. Funds will be secured in a time-safe smart contract, releasing after one year, contingent on referring 10 friends and completing 50 transactions.
6 Months - 5 Years Post-Launch: Fiat used to buy FC will be locked in smart contracts and refunded after five years. This guarantees the eventual return of funds while ensuring FC maintains a value equivalent to 1g of silver locked to March 3, 2025.
5 Years Onward: Fiat used for FC purchases will be locked in smart contracts and rendered irretrievable, effectively removing it from the economy. This strategy aims to eliminate the need for fiat and facilitate a transition fully to FC.
How Do I Get Freedom Credits?
There are 3 ways to get Freedom Credits.
1. Buy Them
When you want to buy FC's, go to the application and pay using a debit card. The purchase value of FC is fixed at 1g of silver on the 3rd of March 2025, in your countries fiat currency. There's a limit of up to 1,000 FC's you can purchase per day. This is to help ensure there are enough Credits for everyone and to prevent big players hoarding them.
2. Work For Them
Earn by trading goods and services in exchange for payment with FC's.
3. Apply For a Grant
If you have a business offering goods or services, you can apply for a grant.
How Many Freedom Credits Are There?
There is a cap of 10 trillion Freedom Credits and each unit goes to a 3rd decimal point. Eg, 4.745. The smaller units are called "Dit's". There are 1,000 Dit's to a FC, which means in total there are 10 quadrillion Dit's. Essentially, plenty for everyone, enough for a 1,000 years of economic expansion and progress.
The Freedom Credit is what's called a fixed, limited or capped currency. That means no new or more units can ever be created. This prevents inflation and devaluation. The FC is a deflationary currency, meaning it's real world purchasing value of goods and services increases over time. Instead of your money losing it's purchasing power over time, your Freedom Credits increase in value and purchasing ability, in line with the principle of efficienomics.
Where Can I Use It?
The Freedom Credit is available to use in any country in the world. Wherever someone accepts Freedom Credits, you can use them. The FC is designed to be a one world currency that's private and fair.
No more exchange rates, speculation or arbitrage. No more exploitation. No more recessions or depressions. No more unfair advantages to those who issue the money. No more fluctuating value. No more complexity.
The FC is an unbiased and superior money that everyone in the world can use for the next 1,000 years. From a small farmer in India to a tech billionaire in America, The FC will make everyone richer.
New Business Bonuses
Goods & Service Grant
The GSG (goods & service grant) is a scheme to boost transition into FC's and provide liquid capital to merchants. The FC is only valuable if people trust that when they receive it, someone else will accept it. If you have a business, you may be eligible for a grant to encourage you to use FC's. Once all the FC is in circulation, no more can be created.
Page 1 - Value / App / Transactions / Privacy / Fees / Bonuses / How Do I Get FC? / How Many Are There? / Where Can I Use FC? / Goods & Service Grant
Page 2 - What Is Money? | Comparing Monetary Characteristics | Sovereign Vs Democratic Money
Page 3 - Efficienomics - Closed Loop System - Morality Of The Current Monetary System - The Banks Own Your Money
Page 4 - Financing With FC : Misc
Page 5 - (Videos) Bitcoin Problems | Banking History | Currencies Compared
Page 6 - Fiat Inflation Vs FC Deflation \ The Value Of Money \ How Is The FC a Replacement To Modern Banking?
Page 7 - Sending Technicalities & Security : What Is The Private Ledger?
Page 8 - What's My Motivation? - Bitcoin Problems - Understanding Inflation
The Freedom Credit is in the concept phase. If you can improve or build it, reach out to James The Traveller on Facebook.