Are social credits insured by any Central Bank?

If bad market events happen, can I access my Vault and withdraw Social Credits?

Your Vault is a representation of digital and contributions activity, into and out of a collective pool of assets, held by a self-independent, Non-Profit Association.

Your Vault and a Vault balance is a property on the balance sheet of the Foundation. You activate your Vault with an E Residency plan in your account.

Association laws therefore apply in local jurisdictions, wherever the Foundation has a Fiscal Host.

The Foundation is NOT a banking entity or a payment service entity, with a banking license, regulated by a Central Bank, where the Foundation operates.

For acquiring and releasing social credits, the network relies on the use of third-party banking services and vendors, whose services comply with one or more Financial Supervision Authorities.

So dripping down to simplicity, your Vault activities of transacting social credits are primarily governed by Association laws and statutes for voluntary associations, and member union laws, and your Vault-related activities are therefore protected by what the Foundation adopts as Articles of Association.

You are transacting or holding a token which holds value only on the AI network and any activity that is deployed on the network.

Read Global Statutes here.

Your access of resources into and out of the Vault is benchmarked with International Financial Reporting Standards, adopted by the Foundation.

In simpler words, when you put your own contributions into the Vault to increase the Social Credits balance, or when you receive a payout, these third-party events are governed by digital commerce, and financial supervision regulations of the economy where the member resides, and which the Foundation brings its compliance levels to.