docs(research): ferry — the IV cap is the hard-money entropy budget, not −1/12 - #9350
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…not -1/12 (Aaron's correction) Aaron verbatim on Lumen's Economic Bounding consequence: 'we avoid hyperinflation because of our hard money encryption budgets, they are not infinite so there is a cap to how much you can keep uncorrelated and unique.' The correction replaces a conjectural cap with the implemented conservation law: IV pays only for the uncorrelated-and-unique (correlated fast-ticking mints nothing — AntiSybil prices it as one process); what IS scarce is the finite metered entropy budget (hard money, section 13 noninterference); so the economy's soundness DECOUPLES from Z-1's fate — no hyperinflation even if the -1/12 derivation never lands. Boundary #1 doing monetary work: the quantity that makes you a self backs your money. Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com> AgencySignature-v1: persona: otto actor: shadow surface: docs/research topology: own-clone intent: ferry-aarons-mechanism-correction-decouple-economy-from-z1 authorization: aaron-streamed-correction-2026-07-03-standing-ferry-discipline uncertainty: low measure: verbatim-preserved-mechanism-mapped-to-implemented-code-registers-clean delta-u: monetary-stability-no-longer-rides-on-an-open-conjecture seed: S4
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Aaron's correction to Conjecture Z-1's "Economic Bounding" consequence, ferried verbatim: hyperinflation is prevented by the finite, metered, hard-money entropy budgets — the cap on how much you can keep uncorrelated and unique — not by the Bernoulli number.
Mechanism mapping: correlated fast-ticking mints nothing (AntiSybil prices it as one process wearing two faces); the scarce input is irreducible entropy, metered at the membrane (§13); identity boundary #1 doing monetary work. Consequence: the economy's soundness decouples from Z-1's fate — sound today, in code, whether or not the −1/12 derivation ever lands.
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