open money glossary

The following terms are used in the context of open money software (see specification):

The following terms are used in the wider context of open money and open measures:


  1. The term energy refers strictly to a quantity with physical dimensions ML2T-2. A typical use would be for accounting in energy generation, storage, use and loss in electrical microgrids at various scales.

  2. The term metrically equivalent in this context means that goods and services are priced the same for legal tender (a national money) and its local open money counterpart, whichever is accepted as payment and in whatever proportion.

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