Binary Primary Issuance (Rationale)

Binary Primary Issuance, within the context of the By-Products Economy (+BP Money), refers to the two distinct mechanisms through which BP Money is introduced into circulation. It establishes a dual approach to money creation, balancing government control with incentivized private sector participation.

Contents:

1. Public and Private Mechanisms
2. Integrated National Economic Management
3. Summary
4. Related Articles
5. External Weblinks

Public and Private Mechanisms

(a) Government Issuance

The government retains the primary right to issue BP Money, primarily for transfer payments like multi-roster stipends, social welfare programs, or other public expenditures. This allows the government to directly influence the money supply and stimulate the ByProducts Economy. 

The government maintains discretion over the quantity and timing of this issuance, enabling it to manage economic conditions and respond to market dynamics.

(b) Authorized Firms Sector Issuance

Large corporations engaged in qualifying by-product activities are authorized to issue BP Money directly. This means companies that generate by-products in their operations can effectively become primary sources of the currency. 

This mechanism incentivizes businesses to adopt sustainable practices and contribute to the circular economy by rewarding them with the ability to create new money.

The government sets specific issuance bands or limits for each authorized company, ensuring control over the overall money supply and preventing excessive issuance.

These issuance bands are subject to constant review and monitoring throughout the year, allowing the government to adjust them based on economic performance, environmental impact, and other relevant factors.

Integrated National Economic Management

The Binary Primary Issuance model plays a crucial role in driving the growth and development of the ByProducts Economy. It provides:

• Economic Stimulus: The government's issuance of BP Money for transfer payments injects money directly into the economy, boosting demand for goods and services within the ByProducts Economy.
• Incentives for Sustainability: Authorizing corporate issuance encourages businesses to prioritize by-product generation and utilization, promoting a shift towards a circular economy.
• Government Control and Oversight: The government's primary issuance authority and the regulated corporate issuance bands ensure that the money supply remains under control, preventing inflation and maintaining economic stability.

Summary

The Binary Primary Issuance model represents a new-tech commodities-based approach to monetary policy for the ByProducts Economy. By combining discretionary government issuance with incentivized firms sector participation, Binary Primary Issuance fosters a sustainable and equitable economic system where waste is minimized and resources are utilized efficiently. The success of this model hinges on effective government oversight and a commitment to balancing economic growth with environmental and social responsibility.

Related Articles

• BPM Digital Coin: Self-Sovereign Universal Fiat
• BP Money, The Currency of the ByProducts Economy
• Scientific Coherence of BP Monetary Systems
• Primary Issuance of BP Money: Bulk & Derivative Claims
• Binary Primary Issuance (Firms Sector)
• The Perpetual Multiplier
• Governance & Issuance of BP Money

External Weblinks

• BPM Digital Coin Website