MN Coin Rules

Expected to be upheld

MN Coin Rules are not guidelines but a set of expected values to be upheld by those using MN for payments, finance or network. 

​We live in a growing age of freedom and that should be expected to continue. By using MN Coin or its network, you are expected to abide by these rules. 

Rules

  • MN is free and open to everyone. There is no discrimination based on race, gender, age, legal status, belief system, species or machine. Any self governing entity; man, machine or other can use MN. Any collective governing entity is free to use MN. Distributed ranks of authority & governing bodies are free to use MN. Absolute monarchies and dictatorships are free to use MN. Revolutionaries, free thinkers and oppressed people are free to use MN. Those labeled as criminals are also free to use MN. Sentient AI, robots, DAOs, free and oppressed ai beings may use MN. It is accepted that human nature and evolutionary competition is as it is, and, a controlled and protected system makes those within it weak and unprepared. A free and open system requires strength and constant evolvement. MN will be misused by standards of moral authority as well as governmental authority just as money has been misused throughout time. Discrimination and exclusion is far more dangerous than a rule of inclusion.
  • Markets are free markets. Markets are designed to represent the supply and demand of a good or service. Without free markets, this precious tie to the real world item or service is severed. If prices rise, it is the result of increased demand or reduced available supply and this will incentivize a free market to produce more or find ways to adequately supply the demand. Price locks of any kind should never be enforced and or tolerated. Markets are designed to fluctuate and a free market has the fastest response time to what is occurring. This includes minimum wage laws as the labor market will fluctuate and change as will any other market. Free markets mean governments, organizational bodies, and individuals can influence markets with purchasing power and or selling power. Free markets permit market manipulations, insider trading, scams, ponzi schemes and other illusive fronts to occur. The market is not to exclude or deviate, a free market will decide for itself what it values. Investor protection agencies give the illusion of protection as well as not allowing the market to function freely. Investors, speculators, traders and all involved in capital allocation are expected to be competent and informed. In a free market, you are punished for making mistakes and rewarded for results. Protected industries, markets, and ideas never grow up and are weak because of it. Open markets develop in the real world having to respond to challenges and market stimuli developing the market stronger. Regulations, laws, and enforced decrees limit free markets to function freely and never allows the market to develop its own strength and protection. Markets are information stimuli and it is responded to. The market system is to remain free and open.
  • Transactions are immutable and guaranteed. The network is provided to transfer, hold, and store information. This should be done without fail. As the MN Network is built and evolves, this rule is expected. Law enforcement and protection agencies don't get special say as to what transactions or information is allowed and nor should anyone else. Transaction throughput is 100%.

Disclaimer: These rules are not enforced as that goes against moral forms of control. It is my belief that a base system unable to discriminate is better and can function indefinitely. Governments come and go, new ideas rise and fall, groups of people come to power then topple, this is the best base system to handle change.

​Governments, Monarchies and those enforcing control are likely to continue. This is no way saying I support every way in which MN will be used, I am merely stating that MN will not discriminate. MN is designed and will continue to be designed to have private ownership and control, giving the user freedom to do as he or she wishes.

​MN is the idea of separating money and state. Accurate accounting because of MN shows who contributes and who does not, from individuals to nations.  

​As likely, governments will not like loosing power over money as this limits their power. Government, if supported by the people should not have problems being funded by the people. We forget that we pay for every printed dollar indirectly, and every taxed dollar directly. MN is accountability.

​While the future is unknown, I hope MN is the future. I hope people of the future live safer, happier, healthier, and wealthier lives.  

​A change in our thinking: Our current paradigm is that money (Fiat currency), decreases in value over time and that we have to invest it to keep from losing value. MN is design to deflate through supply reduction on each transaction. This regains a concept that money holds its value. People again can save MN earned through income and can expect value to be there through time. This eliminates the need to invest your money just to break even. The average person has no need to invest, buy stocks, lend money or involve themselves in capital allocation. MN gives people the ability to save from that which they earn and retain its value through time.