04-21-2017, 09:28 AM
Yes, that's exactly what you do. You "consider it earmarked" and you broadcast that fact to the network. I haven't quite figured out how metric will exist legally, but essentially you are contracting with your peers that any money you enter as "reserves" is part of the network.
Now of course if you enter $103.14 as you have, well, that's also your balance. You haven't transferred any either, so you are a zero. You are holding as much in reserves as your balance is. If you spent your balance your reserve doesn't change.
Example: Say you connected to me and thus were on the network and could make payments. Currently you have $103.14 in reserve and the other two people have $5. If you then buy a $100 worth of website consulation services from me, then my network balance would be $105, and yours would be $3.14. But my reserve balance is still $5 and yours is still $103.14. If you then leave the network without transferring those reserves, well then I made a mistake connecting to you as you just defrauded not only me, but anyone I've subsequently made payments to. But the "money", the network balance (rather than reserve balance) will fly around the network. Hence, everyone keeping average. Tomorrow I might pay you $100 for some gold thingies.
Just like a bank deposit, a reserve deposit increases your balance. Once connected you can spend that balance with the "pay $X" command on another users account.