Communication was the first problem.
Before people can govern together, vote together, or coordinate globally, they need a way to speak freely and verify truth. That’s why the Foundation Protocol began with identity and communication.
But there is a second problem we cannot ignore:
Money itself is broken.
Today’s global economy is fragmented, unstable, politicized, and increasingly weaponized. Entire populations can lose purchasing power overnight due to decisions they never voted for. Inflation, sanctions, capital controls, and currency manipulation are now routine tools of power.
If the United Nations of the Earth is serious about global cooperation, it cannot depend on national currencies as its economic foundation.
So the next phase is economic.
Not speculation.
Not hype.
Not “crypto.”
Infrastructure.
We are designing a global digital currency with one primary goal:
Stable value relative to the world as a whole, not any single country.
This currency is intended to:
Be usable by anyone, anywhere
Avoid extreme volatility
Remain neutral between nations
Operate without central control
Integrate directly with UNE identity and governance
Be fully open source from day one
This is not meant to “replace money overnight.”
It is meant to become a global reference layer — a shared measuring stick for value, participation, and coordination.
This is:
A protocol-defined digital currency
Stability-first, not growth-first
Pegged to a global average, not a single asset
Governed by transparent rules
Designed to last decades
This is not:
A pump-and-dump token
A speculative investment vehicle
Controlled by a foundation or company
Pegged to the US dollar
A CBDC
A promise of guaranteed returns
Instead of asking:
“What is this currency worth in dollars?”
We ask:
“What is the average value of money in the world right now?”
The currency tracks that average.
If one country inflates → the system absorbs it.
If one currency collapses → the system dampens it.
If the global economy shifts → the currency shifts with it.
This creates relative stability, not artificial rigidity.
At the heart of the system is a Global Value Index (GVI).
The GVI is computed from:
A basket of major global currencies
Weighted by economic relevance (GDP, trade volume, population)
Smoothed over time to reduce volatility
Updated automatically by the protocol
No single currency dominates the basket.
The exact basket composition and weights are bounded by protocol rules, not arbitrary governance.
The system does not trust any single data source.
Instead:
Multiple independent oracle nodes publish signed price data
The protocol computes a median value
Outliers are discarded
Time-weighted averages smooth sudden shocks
Oracle participation is:
Permissionless
Incentivized for accuracy
Penalized for manipulation
This ensures resilience even when some data sources fail or lie.
This currency is not inflationary by default.
There is no unlimited minting.
There is no discretionary printing.
Possible issuance pathways (to be finalized later):
Small, predictable issuance for maintaining the network
Transparent public-goods funding via governance
Strict epoch-based limits enforced at the protocol level
The key principle:
No actor, no vote, no emergency can override issuance rules.
This is critical.
Even global voting cannot:
Seize funds
Inflate supply arbitrarily
Change the peg definition
Redefine ownership
Override cryptographic rules
Governance can:
Adjust basket weights within strict bounds
Add or remove data sources
Allocate public funds transparently
Propose upgrades to non-monetary layers
This is constitutional economics, not politics.
This currency becomes:
The unit of account for global proposals
A staking layer for governance participation
A funding rail for public initiatives
A neutral medium for cross-border cooperation
But:
Wealth does not equal power
Reputation and accuracy still matter
Voting remains human-centered, not capital-centered
Money supports governance — it does not control it.
The system fails only if:
Global participation collapses
No one runs nodes or oracles
Economic data ceases to exist globally
In other words:
If this fails, money has already lost meaning.
That is acceptable risk.
This document intentionally stops before implementation — but it clearly defines the next engineering steps.
Phase 1 (Simulation):
Model basket behavior under inflation, collapse, and shocks
Test smoothing and weighting strategies
Validate oracle aggregation logic
Phase 2 (Specification):
Define exact basket composition rules
Define oracle message formats
Define issuance invariants
Define governance boundaries formally
Phase 3 (Prototype):
Implement a testnet currency
Use mock oracle data
No real-world value at stake
Phase 4 (Integration):
Connect to UNE identity
Connect to governance modules
Prepare for public review and audit
Global communication without economic coordination is incomplete.
If people are going to:
organize globally
vote globally
fund global initiatives
hold shared institutions accountable
They need a shared, neutral economic layer that does not belong to any nation.
This is not about control.
It is about coordination.
This is not about power.
It is about stability.
We are not trying to invent “better money.”
We are trying to create money that does less harm, lasts longer, and belongs to everyone.
Like the rest of the United Nations of the Earth, this system is being designed as a gift to humanity — open, transparent, and independent of its creators.
The protocol will outlive us.
That is the point.