[samstave]

I am awaiting the announcement of SquareCash or CryptoStripe - where you have a walled currency garden where those participating in the Square or Stripe ecosystem can start generating CompanyCredits with which to spend within the ecosystem.

How would the valuation to user actually function?

Would one allot some % of their transactions to Square (above both fee and margins) into the pool. Then they earn various mechanisms to increase their pool share (including buy some/debting some from square) and then be able to use all of it as in-system credit? Where goods and services were exempt from taxation due to there being no "actual US currency transacted"?

It would be very interesting to see if such a system results in the truth that labor-resource is the true vector of tax - not money. Unless that is already established and I am just ignorant....