> For the complete documentation index, see [llms.txt](https://docs.shiftctrl.money/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.shiftctrl.money/introduction-1/what-is-shiftctrl.md).

# What is ShiftCTRL

## A global monetary framework for a brighter future

Imagine a financial system where economic stability and personal freedom flourish. A system where the economy serves people, not the other way around. That’s the vision of ShiftCTRL.

## Guided by Austrian Economics

ShiftCTRL respects individual rights, supports the free market, and believes in sound money principles. These ideas come from pioneering economic research.

## Inspired by the Classical Gold Standard

ShiftCTRL is modelled after the classical gold standard, known for its economic and personal freedom. However, it improves upon the original model with a few key changes:

* Gold is replaced by Bitcoin.
* Paper money is replaced by stablecoins.
* Central banks are replaced by community governance (decentralized governance).
* Centralized settlements are replaced by blockchain transactions.

Under the classical gold standard, governments had to hold gold reserves to print money, usually at a cover ratio of 40%. This meant that for every 100 dollars printed, 40 dollars' worth of gold had to be in reserve. This system limited how much money could be printed.

ShiftCTRL uses a similar idea. Users can create stablecoins, called [**Tabs**](/introduction-1/introducing-tabs.md), which are pegged to any of the 155 national currencies, by depositing Bitcoin as reserves. These reserves must meet a minimum reserve ratio of 180%.

The core of ShiftCTRL’s model is its decentralization. No single entity can stop or control the system. Instead, all system parameters are managed through decentralized governance, ensuring fairness and stability.