MeshCoin

MeshCoin is the native crypto ‘service token’ for the Mesh [the fully distributed network which provides communication, storage, and computing power for the majority of global post ReImagination economic activity].

MechCoin is earned byMeshservice providers, i.e. those who provide and maintain connectivity, storage, and compute on the Mesh. Mesh services may only be purchased with MeshCoin; this establishes the fundamental utility and therefore the basis of MeshCoin’s value.

MeshCoin is inflationary and is therefore not a good long-term store of value. MeshCoin inflates at a rate dependent on the growth of the Mesh-economy. Historically this has been about 100% / year.

The graph above shows the cost of a litre of standard vodka—brewed and sold on Saloa.

[vodka is used as it’s value has tended to remain constant. Gold has not prooved a good benchmark of value because asteroid mining disrupted the balance of supply and demand].

Slang for amounts of money:
MeshCoin is the name of the underlying currency, but the term Coin is more commonly used in day-to-day language.

The Slang terms Lak and Crore are sometimes used for large amounts. As the underlying currency inflates over time, the usage of slang tends to evolve.

Lakh / Lak — 100,000
Crore — 10,000,000

More Examples:
2025: 3000 MeshCoins for 10 malfunctioning battle-suits.
2025: 0.000001MC for one milligram of blood [micro-payment for a mosquito bite].
2040: 1000,000MC one pizza slice [Although this was an anomaly…]