The Grand River Dollar
One Grand River dollar is one Canadian dollar. Always. Backed in full, and proven every day.
What it is, how it stays safe, what it does for a business and for the Nation, and how to pay with it · From Book XXIII of the National Books, The Grand River Dollar
The river of a dollar: where it comes from, where it goes, and how it is proven along the way
GR$ 1 = CA$ 1 no exchange rate, no spread, no fee: a dollar in, a dollar out
RSV001-261027-000001 · root 7f3c…a91e on the Ledger · anchored in Bitcoin by OpenTimestampsDrawn for the poster. Published at /reserves/, every day.
A member’s year, in figures
| Paid in GR$, the year | GR$ 24,000.00 |
| Spent inside the Nation | GR$ 18,400.00 |
| Discounts taken, 8% on average | GR$ 1,472.00 saved |
| Fees a card would have cost | GR$ 460.00 saved |
| Payments proved, from the phone | 212 |
| Turned back at par | CA$ 5,600.00 |
| Share of the Nation’s income | when it comes |
An illustration in the Nation’s own arithmetic, not a forecast.
Two rivers: the same dollar
GR$100 spent inside goes round three hands and comes back: GR$300 of the Nation’s activity. CA$100 spent outside leaves on the first hand: no tributaries, no seal, no growth. Tap to send them again.
What a member can do
- Keep money safelybacked in full, never lent out
- Pay anyone in the Nationby phone, by code, at the Secretariat
- Save up to 20 per centwhere a Nation business gives a discount for paying in GR$
- Prove any paymentfrom your own phone, against the Ledger
- Turn it back at parinto Canadian dollars, whenever you choose
For a business: a GR$50.00 sale
| On a GR$50.00 sale | Paid by card | Paid in GR$ |
|---|---|---|
| Processing fee | GR$0.75 to 1.50 | none |
| When it arrives | days later | at once |
| Proof of payment | the card company’s record | sealed in the Nation’s record; the customer’s phone proves it |
| A discount for paying in GR$ | none | up to 20 per cent, at the business’s choice |
Station 8, the Nation grows: its purposes
- Housingfor members, on the Nation’s land
- Landbought back into the Tract, and the Million Acre Wall
- Implementsequipment, farms and works
- The loan fundfor the Nation’s own businesses
- Holdingspartnerships, stocks and bonds, in the Nation’s name
- Relieffees and levies the Nation can lift from its members
Set by the Nation by its Gazette; paid from the Nation’s own account, never from members’ money.
Seven protections
- 1Full backinga Canadian dollar held for every Grand River dollar owed, never less
- 2Never lent outloans come only from the Nation’s own loan fund, never from members’ money
- 3Two signaturesnone is created or retired without two officers signing, with a key kept offline
- 4A daily proofpublished every day at /reserves/
- 5A sealed recordevery night’s payments sealed in a Merkle tree, its root on the Ledger, anchored in Bitcoin
- 6Against crimeknow-your-customer, records and reporting, after the FATF Recommendations
- 7Who checksan independent compliance officer; an audit each year to IPSAS, published; the Inspector General at any time
Is it legal tender? No: accepted by those who choose to accept it, as every local currency is, and always redeemable at par.
Can the Nation make more out of nothing? No: one is made only against a Canadian dollar received, with two officers signing. The daily proof would show any gap.
What if the Canadian dollar falls? The Grand River dollar falls with it: it is a Canadian dollar, held. The Nation holds no one’s currency risk, and pays no return: it is not an investment.
Is my money insured? Not yet by deposit insurance; it is protected by being held in full and never lent. Deposit protection, after the IADI Core Principles, is the next step.
Paying is the fourth station: open My Register, scan the shop’s code, confirm. This is a real payment from Book XXIII, two coffees and a scone at the River Lots Café. Tap Confirm to see the proof the phone keeps.
PAY001-261027-000123Sealed tonight; your phone keeps the proof, to show anyone.
The night’s seal, and the particulars
Read it from the bottom up. Each payment is a leaf; each pair is joined into one fingerprint, until one root remains. The root goes on the Ledger, then into Bitcoin by the day’s anchor, so a change to any payment would show. Tap the tree to seal it again.
The printed poster
Download the poster as printed, A3, full quality: the-grand-river-dollar.pdf