**Property owner**

**Levy** · demonstration user owner

You settle the **levy** in **CC** or in **sovereign currency**. Demand for **CC** at tax time is what makes **CC** money. You acquire **CC** from those who received it and tender it at **par**.

What you do

Worked example

The gravel **payable** put **CC** into the **circuit** (**F** = 1,000 **USD**, **demurrage** $r$ = 4.16%/year (1-year Treasury), term 90 days, **CC₀** ≈ 1,010.30, 500 converted). Receive **CC** via Send CC from a holder, then Pay property tax in CC.

Open the demonstration

Username owner · password cc-demo

What you do not do

You do not **mint**. You do not convert at **T**; that option is personal to the original **creditor**.