This website is under construction as we are working on a translation of the French Version of it (https://monnaie-libre.fr/) ! Please be patient as we are only volunteering on our free time for this translation.
Welcome to Ğ1 currency, the world’s first ethical and Libre currency!
Based on the revolutionary work of Stephane Laborde (Relative Theory of Money 2010), Ğ1 currency introduces an innovative mechanism for money creation, delivered through sustainable blockchain technology, encouraging decentralised, community-level exchanges. Instead of a centralized private system creating money through debt (state-run fiat currencies: euro, dollar, pound, etc.), or a competitive and sometimes energy intensive process of mining (cryptocurrencies like Bitcoin, Ethereum, etc.), Ğ1 is co-created equally every day, by all participating men, women and children, putting human wellbeing firmly at the centre of a Ğ1 economy.
A Community Currency to Expand your Freedom and Creativity!
Decentralize the powerĞ1 is a fully decentralized currency, powered by simple, secure, sustainable blockchain technology.
- Running a node uses the same energy as a light bulb.
- Nodes take it in turns to validate transactions eliminating competition/escalation
- Providing a node is accessible to all members and is compensated by member donations.
Co-create a more just and equitable (fairer ?) worldThe mathmatical formula behind the G1 currency’s equal co-creation, results in natural, gradual, wealth convergence over 40 years (½ the average lifespan). This solves many of the limitations that we encounter in other currencies:
- Each generation creates the money it uses without impacting future generations
- The young are no longer disadvantaged in wealth creation
- Currency circulation is encouraged (you can save your Ğ1s but there’s no incentive to hoard wealth)
Expand your FreedomG1 is self-contained, not available for currency trading, and completely independent from other world currencies, so it is isolated from the impact of monetary policy and speculation, and instead provides a stable unit of value as a practical tool for life.
The Libre Currency is also designed to respect basic economic freedoms. You are free to use resources and create value. You are free to choose any monetary system and trade with its currency.
Develop your CreativityYou don’t have to strive to survive, as you are ensured to create a small amount of Ğ1 everyday. Now you can focus on creating and sharing your work and best skills with your community. The Libre Currency is a powerful tool for artists, nature keepers and any work that is not « profitable » in a debt system.
Indeed, anchored to human creativity instead of debt, G1 currency is stable, avoiding boom and bust debt cycles. No need to keep running to pay the interest!
Build a local economyThe Libre Currency is a worldwide currency empowering local and circular economies. Decentralization gives you access to G1 currency wherever you are located (city or countryside), without dependency on a centralized infrastructure.
- This creates potential to solve regional inequalities – all you need is physical or virtual neighbours to exchange with.
- The men and women you exchange with will decide the value of your product or service, and its viability in your region – not banks
- Valuable voluntary work can be compensated
How does it work ?
1. Meet and LearnThe Libre Currency is a way to rethink monetary systems. We encourage you to meet members to better understand this new system before you start creating your Ğ1 currency.
2. Create your walletCesium is an app for sending and receiving Ğ1 currency as well as managing your account. Download it and create a « simple wallet ».
3. Trade goods and servicesStart offering goods and services to receive some Ğ1 in your wallet. You can post your offer on Gchange. Mention #Remote and #English if there’s no members in your area.
4. Become a memberTo become a member and start creating UD everyday, you must have your account certified by 5 other members. No need to rush, your certifications will come naturally as you trade and meet with Ğ1 members.
Connect with the Ğ1 Community
Events CalendarYou can find out about events coming up by checking on the Libre Currency Forum. If there are no events nearby, you can participate in online meetings. You can also organize your own event and advertise it on the forum.
Find an event Advertise your event