State Redeems Some of the Tokens of Its Promises

• State does not tax back all the tokens it emitted in purchasing resources

• Citizens can save or otherwise use the tokens not taxed back

  • Tokens become "financial assets" of non-government sector

• Everyone has to pay taxes

  • ... so everyone has to acquire those tokens

  • "that-in-which-you-can-pay-taxes"

• Citizens can use those tokens to satisfy obligations amongst each other

• Tokens can serve as medium of circulation