General Retirement Funds (GRF), also known as Galactic Retirement Funds is, in the Galactic Milieu, both the name of a blockchain-based cryptocurrency and the name of a corp. The corp is the issuer of the currency, which, like bitcoin, consists of a maximum of approximately 21 million coins.

GRF was a key initial player in the setup of the Galaxies Online project, providing half the financing for most of the startups, with GMC (General Mining Corp aka Galactic Mining Corp providing the other half.

GRF is not a publicly traded corporation, or if it is, it is traded on an exchange on some unknown planet. It is not known who its shareholders are or, technically, whether it even has a shareholder structure at all. (Some speculate that it is owned and operated by non-human entities with thought processes entirely different from human thought processes.)

GRF is, in short, something of a mystery. Possibly all it ultimately is is the blockchain based currency itself, since in various jurisdictions various different local forms and conventions are forced upon it by local customs, mores, laws and so forth.

Although GRF scrip is traded on the Digitalis Open Transactions server, trade on that server's markets has not so far been a major part of the GRF scrip economy. Large scale trades between multigalactic corps, nations, clans and suchlike groups have typically been conducted by direct account to account transfer, so the markets do not see most GRF scrip activity. Like other multigalactics, clans and similar groups, GRF is believed to operate Tor, I2P and/or Freenet services whereby much of their business is conducted; in particular any interfaces with (Earth) fiat currencies would presumably be carried out by such means. or more likely by way of bitcoin since all parties have access to a wide array of existing third party services through which bitcoin can be exchanged into (Earth) fiat.

Despite the opacity of the corp, there are nonethless traditions and general indications that at least part of its mandate has to do with real estate; tradition has it that in addition to providing sentient beings with the financial wherewithal for a comfortable retirement, the corp takes steps to ensure accomodations suitable to retirees are available. For example the corp is believed to have significant involvement in various landscaping enterprises and to be involved in lobbying in support of the interests of retired people, especially those who live on the large and luxurious retirement estates it has involvement with.


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