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Rewrite line 1 to say that every credit is an IOU #11

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Rewrite line 1 to say that every credit is an IOU #11

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2 changes: 1 addition & 1 deletion janus-facing-architecture.md
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Expand Up @@ -112,7 +112,7 @@ Frontend designs for E&I platforms must be customizeable by the user.

A build that crosses any of these is not a smaller JFA; it is different software wearing the name.

1. Money is created at the moment of exchange — one balance down, one up, always summing to zero.
1. Every credit is an IOU, created at the moment two members trade — one balance down, one up, always summing to zero. That is the only way money comes into being: nothing is minted, nothing is issued from outside, and nothing accrues as interest.
2. Credit is earned, never bought, and never redeemable for fiat.
3. Each community's currency is sovereign — no shared unit, no conversion between communities.
4. Value stays home; only truth crosses.
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