This prevented large-scale thefts while facilitating a partially free economy and gave users a sense of solidarity to a unit of currency ostensibly based on nothing. If a person wished to transfer Credits from one RIG account to another, they must flash-record the amount that they wished to exchange onto an empty chip at which point that it is already deducted from the account and then physically hand it to another user. Designed to be used with a RIG, these chips likely worked by being downloaded and then hard-wired to automatically wipe themselves clean in order to prevent fraud and a collapse of the utilitarian model. Wireless transfers of Credits and the shared control of accounts did not seem to be possible except in cases of legally recognized bondage such as marriage.Ĭredits themselves are electronic chips with a preset amount of exchange units flash-recorded onto them. This system of monetary value emphasized the process of getting things done rather than making sure that both parties are compensated for what they felt are owed for their time and skills. Factors such as the estimated costs associated with transportation of resources did not seem to be taken into consideration as prices for a large number of goods appear flat regardless of location. The Credit is a non-fluctuating unit of exchange likely based upon a modified form of Utilitarianism where the value of something is dictated not by supply and demand (In fact, demand probably factored very little into the economic models of the authoritarian EarthGov), but by the estimated and later practical availability of resources and the utility of those resources in getting work done.
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