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Dhana is the currency unit of the Republic of the Earth. The capitals of the companies producing goods and services constitute its economical base. Holos Holding S.A. has guaranteed with a 150 billion Euro capital of Avatar S.p.A. - the issue of the first 6 billion Dhana. Other companies will guarantee the next issues. The counter value of the first issue was of one Dhana per 25 Euro, equal to 150 billion Euro divided by 6 billion issued Dhana. Dhana is a currency at guaranteed nominal value and convertible in its monetary base, that is in capital shares of the societies and organizations, which guarantee it. Dhana is divided into one thousand kana-dhana. Dhana is issued in physical, electronic or computerized money. Dhana as physical money is available in denominations of 1, 5, 10, 25, 50, 100, 250 and 500 kana-dhana, and of 1, 5, 10, and 50 and 100 dhana. Electronic dhana is contained in the transportable electromagnetic case Gandhana and it can be paid and cashed transmitting rapidly from the Gandhana of the paying person to Gandhana of the receiver. Computerized dhana is run though Internet by the accountancy system called Akadhana - which records payments and collections on request of the users. People belonging to the Republic of the Earth accept payments in dhana. The people asking to take part in the Republic of the Earth are assigned 100 Dhana People belonging to the Republic of the Earth may sell shares in exchange for dhana to the societies granting dhana. Dhana does not produce interests. At any moment they can be converted into shares. The idea of a currency with a guaranteed nominal value based on production was born together with the idea of the Republic of the Earth and was strengthen by analyzing the reality of the currency systems and of the way in which they are run. All national currencies at present have no real warranty. Each state or group of states imposes its people to accept the currency issued by a central bank. The bank system multiplies by nine the value of the deposits and gains on the interests. The inner purchasing power of all currencies decreases with time due to the states’ debts. The monetary base, that is the goods guaranteeing the currency, has been reduced by 1% of the nominal value of the current currency. The value of the currency nowadays is proportional to the general economical results of the country in which the currency has legal validity. This means that the value in national currency of a company is influenced by the value of all other companies of the same country. The planet's wealth distribution is based on monetary systems. The process of capital accumulation increases the wealth of those owing resources, but it does not solve the problem of poverty. Poor people receive charity. They are given fish so as not to die of hunger but they are not given the production means and necessary knowledge to overcome poverty. Perhaps we’re afraid a world with fewer poor people would be less religious and more pacific. Currency was born as an exchange means and was later transformed into an aim. Who issues currency and takes care of its management isn’t even interested in the governors. Money assures freedom and well being to its owners. To have it means to satisfy needs and desires. Not to have it means to suffer and often die. People needed a free and guaranteed exchange means, through which it would have been possible to modify the structure of the development mechanisms and to start a process of redistribution of the wealth among the inhabitants of the planet. The origin of dhana is the will to redistribute the wealth between those who want to be part of the Republic of the Earth. The holders of shares of companies owning other companies have decided to offer part of their capitals as guarantee of the issue of a new currency by the Republic of the Earth. The availability of wealth and means of exchange influence the development of any form of government of people because the government of people with no resources cannot exert any influence or any form of social organization without a means of exchange. It is not possible to organize people without wealth without economical relationships and without means of exchange. The two main causes from which Dhana draws origin are then the necessity to assign wealth to those in the Republic. The need of a universal currency corresponds to the universal nature of the Republic of the Earth. The people acknowledging the same government have to use the same exchange means, the same currency. Dhana was created to give the Republic of the Earth its currency and to invert the process of concentration of wealth. Those in the Republic of the Earth use Dhana according to their personal needs, the satisfaction of life needs and the production of wealth. With dhana a new economical process begins, that initially run hand in hand with existing economical systems. In the future, if there is enough participation and if the new process is acknowledged as valid, Dhana will be able to replace all currencies. Dhana is the universal currency of the Republic of the Earth. It represents a fraction of the exchange value of the wealth assuring it. Dhana is a product, a means, having functioning as a value of exchange. The base of the dhana value is based on capitals of societies and organizations. The requirements of dhana are the following: The constant value is determined by the wealth it represents. The capitals of societies and organizations offering their wealth to those issuing currency give the warrant of the value. Exchangeability depends on the force and the evaluation of a currency. The new monetary system introduced with dhana is regulated by itself, with no intervention of any monetary authority. It will be to the user to decide the quantity of outstanding currency and that of credit. This way creating the complete independence between the political system and economical relationships. Those who wish to enter the Republic of the Earth declares to accept payments in dhana and chooses the payment system he or she prefers: physical currency, electronic or computerized currency. He or she receives 100 Dhana, which can be used for any kind of payment. Who chooses physical currency indicates the denominations he wants to receive. Dhana can be converted in capital shares owned by those who guarantee it and such shares can be converted in Dhana. Dhana does not produce interests. The shares received in conversion give right to division of annual profits of the issuing society according to values and periods of time during which they are retained. The dividends are paid in dhana. Dhana in physical currency is paid as any currency. Dhana in electronic currency is paid with Gandhana - the electromagnetic case that transmits amounts through electromagnetic impulses and records the withdrawals and expenses. Dhana in computerized currency is run by Akadhana - the accountancy system working through Internet that registers the operations of credit and debt. Participants to the Republic of the Earth spread dhana. The connection between dhana and other initiatives of the Holos Project will allow a continuous increase of capitals to assure the issue of all necessary currency. Dhana and the generated economical process by the distribution of the new currency in equal parts will have effects on the macro-economies breaking the balances maintained by technical instruments. The guarantees at the base of dhana will avoid that the new currency loses purchasing power on any market. These two points make possible some logical-mathematical previsions possible. The first effect is that national states must not act on their economies and will be able to save resources balancing their budgets. Another effect is the loss of value of currencies, which even if formally have gold as monetary base are not convertible into gold. A third effect is the diffusion of dhana as a universal currency. The process of apprecia-tion of the new currency is not influenced by any rule, any power. Dhana will be if, how, when and as long as the Earth's inhabitants want it. |
