The Art of the ConA documentary novel
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Book Four · The Archipelago

Chapter Thirty-Three: The Bonus Table

33 of 42 chapters2 min read413 words

One World Coin was the harvest, and its pricing structure convicts itself on sight.

Pay one thousand, receive two and a half thousand in OWC. Pay two thousand two hundred and fifty, receive ten thousand. Pay five thousand, receive twenty-seven and a half thousand. Pay ten thousand, receive eighty-five thousand.

Look at it. Feel what it does to you.

The first line is a two-and-a-half-times bonus and is merely aggressive.

The last is eight-and-a-half times and is an accusation.

A rational reader asks one question — where does the value come from — and the answer, which no document ever stated and which every buyer half-knew, is: from the person who buys after you, at a worse rate.

That is the definition. Not the shape of one.

The thing itself.

And they bought anyway, and the novel has to sit inside that rather than stand outside it and jeer.

A physiotherapist in Launceston. A semi-retired electrician in Bendigo. A woman who ran a childcare centre in Joondalup and had read three books about central banking.

Intelligent people looked at an eight-and-a-half-times bonus table and transferred money.

Why?

Because the table was not a financial proposition.

It was a loyalty test.

The absurdity was the point. To buy at eight-and-a-half you had first to accept an entire cosmology in which money itself was fake, in which the dollar was a scam and the coin was the truth — and in which the ratio was not a ratio at all but a reward for having woken up earlier than your neighbours.

He understood this perfectly and never said it out loud, and it is the most sophisticated thing he ever did.

The token went out at eighty-nine cents.

It reached eleven.

Eighty-seven per cent gone, with no mechanism on earth to bring it back — no market maker, no liquidity floor, no institution, no regulator, no recourse.

And no complaint — because to complain you would have had to go to precisely the authorities whose illegitimacy was the reason you bought in the first place.

That is the innovation.

At fifty years of age, after twenty-five years of trial and error, Jamie McIntyre had built a fraud that inoculated its own victims against reporting it.

The childcare woman from Joondalup, thirty-four thousand down, wrote one email.

She never sent it.

She told a friend, much later, why:

"I'd have had to admit I was wrong about everything. Not just the coin. Everything."

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