Abstract
This paper introduces a kind of world common digital currency based on free energy, which scientifically defines value and wealth, consummates the theoretical basis of economics, and points out that energy coin is an ideal world digital common currency for wealth and freedom. free energy (G=H-TS) of the earth's ecosystem is the dynamical potential of its self-organization and evolution and the state function that dominates the direction of evolution. Human society is an integral part of the earth's ecosystem. In social and economic activities, free energy (G=H-TS) is expressed as the value of goods and services, and is the potential function that dominates social progress. The energy coin, which uses free energy as the benchmark of value measurement, fully reflects the nature of value ecology, politics, economics and physics. The essence of energy coin is thermodynamic potential function, driving force of human society, and benefit mechanism of system self-organization and cooperation. Free energy is the thermodynamic potential of goods and services, representing the ability of external work and empowerment. Energy coins are physically decentralized based on the energy contained in countless goods and services, and free energy is measurable and calculated, so energy coins are a natural non-national ideal world currency, that is not manipulated by any individual, organization or state, and unifies the self-organization mechanism of the earth's ecosystem with the market self-organization mechanism. Energy coin is a value chain digital currency based on block chain technology. It is a monetary system that can automatically control the size of money according to the scale of goods and services market. It solves the pain points of various currencies in history, such as gold deflation, inflation of legal currency, and the malpractice of no value base of various digital currency.
Highlights
The energy in nature is infinite, but the energy that human beings can use is limited and scarce, and the energy that is useful to human beings is the free energy that can be transformed into the earth's ecosystem and social system
It is found that the physical nature of economic wealth and value is free energy, which is the thermodynamic potential of goods and services, representing an ability to do external work and empower, it represents the increase in the expected value and wealth of goods and services to customers
This paper introduces an energy coin based on free energy, It is the ideal currency to describe the essence of the value chain of earth civilization and the motive force of development
Summary
The energy in nature is infinite, but the energy that human beings can use is limited and scarce, and the energy that is useful to human beings is the free energy that can be transformed into the earth's ecosystem and social system. As large as the earth's ecosystem, human society, as small as people, animals and plants, microbes and other living systems are dissipative structures, all need to maintain their state, order and structure by constantly consuming energy. Human society is a component of the earth's ecosystem, and its state, order, structure and motion law can be quantitatively described by the free energy state function [7, 18]. The earth's ecosystem, human society and life are all dissipative structures that need energy to maintain their state, order and structure, and energy is the driving force for the survival, development and prosperity of the earth's civilization. It represents a kind of ability to do work and enable external work It defines "the value of economics" by "free energy of physics ", which scientifically reflects the physical essence of value. It expresses the social and natural ecological attributes of value in economics
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