When millions have billions in lifehour credits
then we will have a problem-solving cyber-currency.
Eventual Market Value of Lifehours
Lifehour theoretical value is tied to the average hourly wage. Its practical value is tied to the number of people who have claimed or earned lifehour credits via Timism's Business Model.
As time goes by, legislation will legalize a gradual percentage of payments for taxes, loans and healthcare to be paid in lifehour credits. Smart phone apps will facilitate this process like other pseudo-currencies. Lifehours can be traded on line. Lifehour warrants will be purchased from supporters on a FIFO basis. A dutch auction will facilitate supporters wanting some cash today instead of waiting for FIFO payments like equity funds purchasing insurance payouts for pennies on the dollars. The EMV will increase as Timism's various cashflow sources increase in revenue.