Money has four core functions in Evernomics each of which is linked to its four main values:
The Unit of Space - allows to measure the Space value;
The Guardian of Vitality - allows to protect the value of Vitality.
The Store of Existence - allows to store the value of Existence;
The Medium of Time - allows to transfer the Time value;
We only exist because of all previous generations, which had passed to us the values of Existence and Time.
We use those values and the value of our Vitality to pass the values of Existence and the value of Time to the following generations.
Humans as all things are made from particles. We share them with all preceding humans and all humans which will follow us.
Every particle in the Universe and every combination of those particles has or will have one or several owners and a price tag.
Money, as a Medium of Time, allows us to acquire, to preserve, to increase and to pass the ownership rights on those particles and their combinations. Money, as a Medium of Time, permits us and all past and future humans to holds those rights forever and to exercise our ownership rights in the Eternity. That allows Humanity to preserve our collective experiences in the Eternity and to influence the destiny of the Universe.
We share ownership rights on all created things and thoughts. Money, as The Store of Existence, allows us to accumulate the value of our Existence and to add it to the price of all things and thoughts in the Universe.
The current price of all things and thoughts excludes the Values of Time and Existence of all previous generations and only accounts for the Value of Space, which is expressed by The Unit of Space function of money and the value of Vitality, which is expressed by The Guardian of Vitality function of money.
As we pass the Values of Time and Existence to the price of all things and thoughts passed to the next generations we exclude the value of Space, expressed by The Unit of Space function of money, and the value of Vitality, expressed by The Guardian of Vitality function of money, from it and let the next generations to do the same.
Our contemporary economics accounts only for the value of Vitality and the Value of Space, which means that all things and thoughts in Universe are undervalued. Their current prices reflect only the values of Space and the Vitality but do not include the Values of Time and the Value of Existence of ours and all previous generations.
We as all humans in the past and in the future keep our ownership rights forever. Consequently, we as all previous and future generations have a right to express our will about the future use of all things and thoughts in the Universe.
Because most things and thoughts in the Universe have a collective ownerships the expression of our personal will takes the form of the algorithmic consensus on our collective will.
We might express our will in the form of the eternal smart contracts. The previous generations can't. Because of that Evernomics adds in perpetuity the amortization costs of all previous generations values of Time and Existence to prices of all things and thoughts in the Universe.
for more on Evernomics, please, visit evernomics.com