As part of the Screems Project rollout of Devices, products and service, screems blockchain announces the eminent global launch of Mercium & MERX that is a crypto standard measure unit, an infrastructural bridge to solve the global inequalities chasm internationally, that without MERX will remain insurmountable.
Here’s the real problem; It is said that, just nine men share the same amount of wealth as the poorest half of world; that has to be immoral as well wrong!
The globe’s richest 1% own half the world’s wealth, according to a 14th November 2017 report [from Credit Suisse] highlighting the growing gap between the super-rich and everyone else . The world’s richest “Haves” have seen their share of the globe’s total wealth increase from 42.5% at the height of the 2008 financial crisis to 50.1% in 2017, or $140 Trillion, according to Credit Suisse’s global wealth report.
The “Have Nots” can never own any part of what the rich, the “Haves”, have today, not of their property, or their monetary & banking system, not even access to their hard & soft political power. Big FIAT money controls everything and that is an absolute fact. Only the “Haves” really rule the world.
Don’t forget the “Haves” financially control-in-fact all law and order and the judicial system. The “Haves” can pay millions to defend themselves, and to prosecutor the “Have Nots”, whereas, the “Have Nots” can only get minimalist legal aid, if they are lucky. This is pure injustice disguised as justice. The stark contrast between the “Haves” and “Have-Nots” has always existed but in recessionary times, the injustices become more painful.
Over the centuries of history, it is always proved that challenges to the unequal wealth of the “Haves” will be met with the full force of the “Haves” power and further entrenches their very existence. The inequities of wealth ownership worldwide is clear, that the richer will get richer, while the trickle down is tiny and the poor remain poor, if not proportionately poorer. It simply doesn’t work and never can work evenly or fairly for the “Have Nots”.
Mercium & MERX is designed to defeat this global Wealth inequality. How you ask?
There are 2 things that matter in eliminating the gap between the “Haves” and “Have-Nots”:
1. Firstly, don’t fight it!
Let the rich “Haves” have it.
2. Secondly, emulate it!
Create and rollout a new high-powered economy layer that isn’t what the “Haves” have. Make it better than what the “Haves”, have, and make it for the needs of all “Have-Nots”. The solution is actually quite simple, that is to make sure every “Have-Not” has full access and a meaningful part of the new high-powered economy.
Create and multiply a completely new wealth class for the “Have Nots”, so they become this new wealth class. After a short while, the “Have Nots” don’t need to grovel in the margins of the “Haves” system, and can leave it.
In time the “Have Nots” new wealth class becomes bigger and fairer than the “Haves” system, simply because there are Billions more “Have Nots” adding to the new wealth class, and not to the “Haves” old system.
Mercium & MERX will establish a parallel economy, that’s bigger than today’s valued circulation :
a. $90.4 Trillion (in 2016 terms) in total money issued in the world, including book values “Broad Money”,
b. $36.8 Trillion (in 2016 terms) that is all actual money in the world today – currencies only “Narrow Money”.
“Bigger” means, mathematically it is actual quite simple: (a) the world’s population of “Have Nots”, X (b) a quality lifestyle without debt, + (c) variables to narrow differences, + (d) share of capital infrastructure to sustain quality lifestyles, + (e) share of services to sustain quality lifestyle, + (f) share of reserves for flaring incidents and conflicts, hereinafter known as the “MERX Formula”.
And this, the Mercium platform with MERX as the secular fuel, will deliver quality lifestyles globally for all. There will be no need for international borders to be recognised, as they, like today, suffocate the progress of relief for the world’s “Have Nots”.
So, what is the MERX in MerciumMERX?
There is a very good convincing reason for MERX, simply put; the “Have Nots” can’t have, without it. One could say it is essential. It is a very much-needed new infrastructural bridge that doesn’t exist today.
MERX, a bit like Bitcoin (“BTC”), but isn’t a coin, neither is MERX just like the others, it’s not cash, coins or tokens, well, nothing that limited.
MERX is more than the sum of them all, it is the utility for the exchange of commodities, merchandise, articles, goods & services globally; it is the new crypto measurement of all value. Vitally, it is the payment and information system, as one big application, for screems energy.
MERX does like these other cryptocurrencies and their services, but doesn’t like the things that don’t work so well, or are limiting, or don’t do al all, and MERX does fill in the bits that are missing. For example MERX transactions are in real time no waiting, and no transaction fees, and no there is chance of losing your MERX in a transactional mistake, or loss of wallet or keys. Now that’s really new!
MERX will be minted in tranches to match market demands of supply of the MERX Formula, not held to ransom by the inconsiderate very few who missed the point of Bitcoin, and now use it just to manipulate the little BTC market to just increase their private net worth. Hardly the message that the founders thought would happen when they launch their 31st October 2008 selfless peer-to-peer concept .
1. The nominal face value of every MERX will be struck at 1:00€ (ONE-EURO) on the release to the market after the 1st tranche has been auctioned off.
2. Multiple exchanges will have MERX listed straight after the auction of the 1st tranche, targeted in April 2018.
3. The circulation of MERX will occur in multiple Tranches, economically projected to match supply and demand, and to gain the benchmark of both the MERX Formula volumes. The actuarially calculated rollout and Mint volumes are a closely guarded secret and will not be disclosed. Only eminent Tranche releases will be announced within hours before issue.
4. MERX comes with a wallet that covers everyone of your crypto holdings in real time, so you can chose at the checkout to pay with whatever crypto you like from your MERX wallet. Of course, a payment with MERX means no charge or fees deducted from you.
5. And you’ll love this one, because there is no mining to generate new MERX (they are minted by the Screems Treasury and electronically issued to satisfy the demand and supply balance), with period quantitative easing managed to meet the market needs at all times, means the price of a MERX will be kept stable, and not volatile.
6. You’ll love this even better, the newly issued MERX units under new issue Tranches and via our quantitative easing, aren’t issued to the banks as happens today with FIAT currencies, no, they are to be issued to MERX holders, proportionately to their current balance, and trading activity that recognises high turnover in the merchandising marketplace. So, the “Have Nots” have the full benefits of MERX.
Now that’s how to fairly grow the economy; don’t give the money to the rich. The difference here of course, is the “Have Nots” own the issued MERX, not a rich few.
All MERX are to be fully backed by high-quality liquidity reserves and Climate Change securities:
The reserves in public audited safekeeping are to be made up of:
1. High-quality liquidity reserves, same as the Bank for International Settlement (“BIS”) standards under Basel III rules for all financial institutions, 7%
2. Additional high-quality liquid security, since MERX is a new value, 15%
3. Securities invested in the MerciumMERX infrastructure and operations, 18%
4. Securities in the Paris 2015 Directive, as ratified by 175 Parties (Countries) on 4th November 2016, for Governments required investment infrastructure in energy, 30%
5. Securities in matching clean energy infrastructural projects (Screems Project is one), 30%.
These 5 reserves and investments all have increasing value and as a result, end up with more value behind MERX that actually in circulation. For example, the Price Earning value of screems energy @ IPO is 26 X income. And that is represented in the Public Stock held. Of course holding Government bonds supporting the investment into countries energy infrastructure as acceptable premium quality ratings.
The meaning and definitions of Mercium , Latin expression in English for “carrier“, “transporter“, “cargo“, “Spedition” in German.
• Mercium, like Ethereum.org, is our umbrella blockchain platform, that is an incorruptible digital ledger of economic transactions that can be programmed to carry and record virtually everything of value, and provides for Smart Contracts that are tailored to merchandise, goods, products, services, commodities, wares and articles.
• Noun; Inflection of merx (genitive plural)
• In use in Law: LOCATIO MERCIUM VEHENDARUM
The meaning and definitions of MERX, is the crypto-fuel for the Mercium network, Like Ether (“ETH“).
• Noun: Gender, Feminine; article, goods, merchandise, commodities, commodity, wares.