D Orthodox H Coin 1.10

Presence: Gizmo and Yakov appeared to Traveler as he was outside.

Gizmo, Traveler, thank you for taking the time to meet with me. Yakov, a slight man dressed in his Orthodox robes. Where are you standing Traveler, it looks like a graveyard?

It is, First Hallow of Understanding, I was looking for a relative to do a rubbing from her marker. So what's up?

Well guys, the problem, in a nutshell is, there just isn't enough H coin, can't you make more, asked Yakov. We started using it internally. Now we are thinking about expanding that, perhaps within a couple years all of our parishioners can submit their pledges in H coin linked to the church blockchain.

Gizmo was always smiling. We are making more. There is a mining operation going full time at Wenatchee. And no, we can't make it go faster, that would defeat the purpose. You could, of course, start you own tangible blockchain, like Principus.

Yakov nodded. We have certainly thought about it. It would be much better to embed prayers than that proof of spell, how did that happen anyway?

HNMNBies. Traveler said just the one word.

Yakov nodded, yes, that higher power thing can get out of control. Amen, replied Gizmo and Traveler in unison.

You can't go faster, why? Because it would devalue? The H Coin is one of the most liquid markets. Where it is in the short term is not a concern of yours at all. You are a first level holder, for you it is tied to the value of gold, yes?

Obviously a strong H Coin is good for us as it relates to trade and opportunities within our ecosystem, Gizmo countered. Both of us have companies that trade in second level H coin, so we have first and second level concerns. And there is the responsibility of being a trustee for a growing and desired currency. You've seen cryptos crumble and fall.

Yakov, long term, the strength of the H Coin in all its forms is first a reflection of the value of gold, the core asset. Second tier is the tangible block chain, companies, or potentially in your case, churches that trade with it and store information in the proof. Third, the lab created crystals have some value, hopefully far less than the information they carry. And 4th, to some extent, the US economy since over 70% of the Circle companies are US.  No offense Yakov.

None taken, Gizmo. But the fact is it can't be a primary currency for the church, in terms of the reserve currency, because there is not enough of it. For you, shortage is value, for me, it limits what I can do from the crypto valley coin exchange.

Both Yakov and Gizmo were looking through the presence at Traveler. He nodded, so it's an impasse. First, believe me, Gizmo and I would love to have your branch of orthodoxy using H coin. Let me float an idea by you. You mentioned embedding a prayer in the proof field, reaching into his pocket he pulled out a rock cross. This is a staurolite, a rock crystal. Just for fun we grew a crystal and with all the subblocks embedded a prayer from the Transfiguration Prayer Book. It's just dummy data, but I will sell the church the genesis branch block, 3D printer, code and pattern at cost. When your members pay their pledges, escrow that money in whatever currency it is in with an exchange, then print your tangible. All you need is magnesium, zinc, manganese in the iron site and trivalent iron.  Oh, he said with a grin, you have to supply your own prayer book, Transfiguration is copyrighted.

Yakov smiled, that we can do, you have made me a very happy man. Bless you my son. Gizmo smiled, let's pray.

O Lord God Jesus Christ, Whose mercies are numberless, and the treasury goodness that is infinite, we give thanks to You for the blessings which You have bestowed., and we humbly beseech You to continue Your goodness toward us. As You have been well pleased to provide a solution to our trouble in this matter of H coin. Please do imbue our souls with all the heavenly graces, perseverance in good works, and prepare us by Your blessings in this life for the enjoyment of eternal happiness in the Life to come. For to You are due all glory, honor, and worship, both now and forever. Amen.

Amen said Yakov, you pray almost like an Orthodox. I'm Catholic, grinned Gizmo, it's close enough. Traveler, let me drop Yakov off and I will be back with you for five minutes.

Presence: Gizmo
Nice one Traveler, but anyway we slice it, we are seeing growth pains. I don't disagree with Josh and Yakov's concerns either. I wish we had stated "In God We Trust", this whole higher power thing can get out of control.

Yes, but the love of money is the root of all evil, replied Traveler, doesn't make that much difference what they stamp on the coin. That said, I wouldn't touch a Principus block with gloves on. Green Bay I guess.

Green Bay, replied Gizmo.
Out.

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