Quantar Basics!
TheQ Australia is a Quantar marketplace, operating through Cyclos banking
software, in a demonstration of Aristotelian, asset banking concepts, free
from the imposition of bank interest. Quantar is an educational tool,
allowing us to ‘rethink’, the monetary concepts!
The name Quantar, derives from light quanta, 'ant economics',
and the 'dollar'. The Quantar currency measure is based
upon human life-force, exchanged within a marketplace,
or simply, ‘I will go to the sea for fish, if you go to the hills
for fruits, and tonight, we will feast’!
Quantars cannot be exchanged with national currencies, and there is no
capital gains potential. The Quantar marketplace is not an investment
strategy, it is only an authentic market, designed to trade goods,
services, and skills.
Quantar imposes no fees, upon marketplace trades, and Quantar's
income is based solely upon subscriptions, Quantar merchandising,
and donations.
A $AUD16 annual subscription, available for Australian residents,
eight years of age and older, creates a personal Quantar account,
with 500Q deposited into the account, each time the subscription
is renewed. This Quantar 'bonus', creates seed capital,
for Quantar trades.
The Quantar currency unit, 1Q, traded within the marketplace, is valued
at $AUD1, so the subscription increases in purchasing power, by 3125%!
All Quantar trades must conform to GST requirements, so businesses
liable for GST, must value their Quantar sales, as Australian dollar sales,
and send their GST obligations to the Australian Taxation Department.
We also ask Quantar members, to introduce five further potential
members, with each annual subscription, as this will rapidly expand
the Quantar membership, allowing Quantar to eventually interface,
with other markets, such as Ebay, and Amazon Marketplace.
Welcome to TheQ Australia, an alternative market,
for the Australian people!