Difference between revisions of "Currency"

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==New Day Alliance==
 
==New Day Alliance==

Revision as of 22:42, 8 July 2019

This is a hub page for all of the different currencies referenced in the Course Books and related materials.

Gudersnipe

The Gudersnipe Foundation uses the GATE Credit as currency. One GATE Credit or GC (often incorrectly defined as 'Gudersnipe Credit') is good for moving 1 cubic-foot of matter through one transit in the GATE system. Credits are issues and tracked by the Gudersnipe Bank. Because the Foundation has total control over both how many credits are issued and how many redeemed, they are able to exert a strong influence over the buying power of the credit. This has made the credit an extremely stable currency over time. While the actual buying power varies noticeably(sometimes over very short time-frames), the usual comparison of 7 credits for an inexpensive meal has been true over much of the run of the Alliance, at least in areas where GC is used.


Alliance

The Alliance has long attempted to create a single, centralized currency that can be used for the exchange of goods and services throughout the known worlds. However, given income and resource inconsistencies, the buying power can be wildly inconsistent. Outside of localized regions such as the Arindell and other major centers, Alliance Dollars are primarily used for large transactions between banks. While Alliance Dollars are issued with "The full faith and backing of the Unity Earth Sphere Alliance", their lack of widespread use has made the currency relatively stable.


New Day Alliance