Monday, January 14, 2019

Scientific Coherence of BP Monetary Systems

BP Money (ByProducts Money), is designed with scientific coherence to established models of bio-chemical science and macroeconomic management. It aims to align economic incentives with sustainable resource management principles, drawing upon insights from Material Flow Analysis (MFA) and Material Productivity metrics. This article will delve into the mechanisms governing BP Money issuance, particularly highlighting the role of primary issuance permits granted to businesses.

Contents:
  1. Scientific Coherence
  2. ByProducts Multiplier
  3. Primary Issuance Permits
  4. State of the Art Materials Management
  5. Related Articles
  6. External Weblinks

Scientific Coherence

The foundation of BPM's scientific coherence lies in the statement: "Materialisation of Economic Material is prefigured by Technical Efficiency of system outputs, and the requisite Physical Efficiency (primary) and Material Productivity (byproducts) of system inputs." This essentially means that the creation of economic value from materials is dependent on efficient production processes (Technical Efficiency), responsible use of primary resources (Physical Efficiency), and the effective utilization of by-products (Material Productivity).

By-Products Multiplier (BPM)

The Material Protocols further refine this concept by classifying materials into three categories:
  • M1 (Material Reserves): Scarce or critical materials requiring stringent conservation efforts.
  • M2 (Material Resources): Abundant but still requiring efficient and sustainable use.
  • M3 (Material Economy): Materials already in circulation that can be recycled or reused.
These classifications provide a basis for determining the ByProducts Multiplier (BPM) attached to each commodity, good, or service.

Primary Issuance Permits
  • Government Authorization: The governing body issues ByProducts Primary Issuance Permits to businesses based on their engagement in qualifying byproduct activities. These permits allow businesses to issue BPM directly to consumers.
  • Material Flow Analysis (MFA) & Material Productivity Metrics: The issuance of permits and the determination of BP Money multipliers are guided by principles outlined in MFA and Material Productivity matrices. This ensures that BP Money issuance is aligned with sustainable resource management practices.
  • Regular Reviews: Permits are subject to regular reviews to assess the environmental impact, resource efficiency, and overall contribution of the business to the ByProducts Economy. This allows the government to adjust issuance limits and ensure ongoing compliance with sustainability goals.
State of the Art Materials Management

BP Money is a proclaimed self-sovereign currency unit, designed with a scientific foundation that connects economic incentives to sustainable resource management. The issuance of BP Money, particularly through Primary Issuance Permits to businesses, is carefully regulated and guided by principles derived from Material Flow Analysis and Material Productivity metrics. This approach aims to ensure that BP Money promotes a circular economy where waste is minimized, resources are used efficiently, and economic activity is aligned with environmental sustainability.


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