Ask HN: Hacking the current economic model by giving everyone an printing press

Big Idea, Mobile App device that allows any user to award themselves their own "points" based on good deeds they done each day, Deeds get publicly listed on users profile. Merchant/other Users accept these "points" for products/services; By essentially giving everyone an possible printing press (and purposely not implementing a check-stop against abuse), we are allowing them to determine for themselves their point "needs" in life, as well as eliminate the "time value" of assets (due to inflation in points as well as an the removal of the incentive of storage for under or un-utilized assets). Steps added for clearer understanding of concepts Step 1) each person gets an theoretical printing press by allowing for each user to decide how much each of their karma actions are worth, note that what is considered karma action and said action awarded will be public info, but up to each user to decide step 2) merchants and 3rd parties are allowed to accept or reject points from the user-group for services/goods as well as participate in scenario 1 Step 3) by doing so we create an "social safety net", (make-up jobs, half-assing jobs, survival jobs) I had some questions in my previous thread about how this will never work but those seemed based on certain assumptions and decided to do an repost as it seems the "real questions" are as follows Do you believe that humans, are inherently self-serving? Do you believe that given the chance, humans have an infinite appetite for consuming? Does an item has to be both desirable and scarce in order for it to retain value? I believe not, for much of history human credit was extended, many people in villages and local communities still do, for example in India and even rural America; shop-keepers will keep an ledger or an tab, (extending credit to locals and regulars). This is simply the individuals trust or credit in another, and this is infinite in quantity and desirable and in my opinion, has great value.