<i>>"Money creation in Offset<p>Money in Offset is created and destroyed by users. Offset is designed so that the money supply changes to match the market. As the market expands, the money supply increases. When the market shrinks, money is destroyed. Therefore, You will not become rich by joining Offset early.<p>The total sum of balances in Offset is always zero. Consider two Offset friends: Bob and Charli. If Bob’s balance with respect to Charli is x, then Charli’s balance with respect to Bob is -x. The sum of those two balances is always 0.<p>We count the amount of money in an Offset network by summing all the positive balances. For example purposes, consider again the two Offset friends: Bob and Charli. Suppose that initially the balance between Bob and Charli is 0.<p>Next, assume that Bob buys a chocolate bar from Charli for the price of $2. Now the balance between Bob and Charli is -$2 from Bob’s point of view, and +$2 from Charli’s point of view. In the moment of purchase, new money was created by Bob. In this case we can say that the total amount of money in the market is $2.<p>The money created by Bob’s purchase will be destroyed when a complete buying cycle is complete: For example, Charli will use the newly created money to buy something from Dan, which will use the money to buy something from Eve, which will eventually buy services from Bob. When Eve buys from Bob, the money is destroyed."</i><p>A lot of good and interesting ideas, but what about the Infinite Hotel Paradox, as applied to money?<p><a href="https://en.wikipedia.org/wiki/Hilbert%27s_paradox_of_the_Grand_Hotel" rel="nofollow">https://en.wikipedia.org/wiki/Hilbert%27s_paradox_of_the_Gra...</a><p>That is, consider users as hotel rooms, and money as guests for those hotel rooms...<p>That value, as it approaches infinity, is sort of the theoretical upper limit of Milton Friedman's "Velocity Of Money" theory...<p>Also, as a side note, you'd probably find economic islands, that is, users who were corporations, where they produce much more than they consume, where, without taxation or other depletion, money would gel and pool and basically be prevented from circulating...<p>And, what about the people that borrowed, on credit, and never replenished from society what they took? If there's no limit, no "credit limit", then what prevents them from continuing to take, and what prevents everyone from doing this, resulting in a crashed economy?<p>Also, if there's no limitation on what constitutes an identity, then what prevents someone from signing up multiple times as different users, and giving themselves extra "credit" (ability to take) and taking, that way?<p>This being said, I think you have a lot of good ideas, and perhaps the only way to know if/when/where/how users "game the system" would be to deploy it -- and see what happens.<p>Does it succeed? If so why? Does it fail? If so why?<p>Either way, information could be gained to determine how to create more robust systems in the future.<p>Your system could work, and I hope it does!<p>Wishing you well in your endeavors!