Recently we proposed the Stella – a commodity basket backed currency – as a tool the facilitate the trade among space settlements. In this post we will further explore the use of the Stella as a reference currency.
We assume that future space settlements will have their own currencies [in case of Mordan settlements that will be the Talent]. Inter-settlement trade (IST) will, however, play an important role in the economic life of space settlers. And having multiple (national) currencies might be inconvenient for IST. Hence we argue for the introduction of a complementary trade currency for the trade between different settlements. Continue reading Stella: a proposal for inter-settlement trade