WikiMoney

Wikimoney is a project consisting in reclaiming the right to mint coins through physical countermarking, like the punch-marked coins were. Indeed, the countermark makes it possible to assign a unique distinctive sign to an object (for example, in the form of a serial number). This uniqueness makes it possible to associate an NFT with each countermarked coin, itself associated with a time-stamped and geolocated digital image. A blockchain oracle traceability mechanism is proposed for this wikicurrency.

The interest of bitcoin is in the disintermediation of banks, not the artificial scarcity of this incorruptible blockchain. To become a common good, a currency must be able to be:

1. editable by all (free minting rights),

2. based on tangible energy resources (see metallism),

3. taxable (stakeholding).

Advantages of Wikimoney :

• Wikimoney are physical currencies edited by humans : each voluteer is fairly rewarded with an issue premium in proportion to their contributions

• An overstriked or countermarked coin with legal tender (see also countermarked yen) is a new form of stablecoin

• The only requirement is to have a DIY toolkit for stamping or engraving; like nickel hobos, poorer contributors can contribute on 1 cent coins

• The blockchain oracle is the bridge between the tangible physical good (coin) and the dematerialized title deed (NFT)

• The environmental impact of these wikicurrencies is limited due to the recycling of old or legal tender coins