Currency Solutions for a Wiser World » Bernard Lietaer on ...

Circles UBI is now Live!

Circles UBI is now live! Congrats to Martin Köppelmann@koeppelmann and the rest of the team after 7 years of visioning and hard work! Here are details from Martin's Twitter announcement:
Circles is an innovative UBI that can be seen as six things:
1) A voluntary basic income scheme without the need of a state
2) Fully decentralized money but fair in time and space
3) A mutual credit system where credit lines are set by default to make credit fungible
4) A p2p form of money to make money and thus ultimately the economy more human centric
5) Crypto currency that is minted only by human life time
6) The original Ripple idea combined with UBI
The core rules are simple: 1) Anyone can create an account and start minting their personal Circles. Every account (person) mints different Circles. 2) Minting starts at 8 Circles a day today. This is increased every year by 7%
3) People can trust each other - which means that they are willing to exchange their Circles 1:1
That's basically it. I will try to explain the reasoning behind all 3 from the perspective of "fair money" (again there are other ways as well to look at Circles).
The first rule is simple: Soon after Bitcoin made people see that money outside of a state is possible and that the potentially design space for money is quite large people came up with ideas: "like Bitcoin but coins are distributed equally per person".
The second rule - specifically the 7% increase per year makes sure that newly minted currency also matters in the future compared to already existing currency. (Read here how ~7% can be logically derived from a 80 year live expectancy) vit.free.fTRM/en_US/solu…
The third rule does 2 things: a) it is a fully decentralized solution to the sybil attack problem. Almost all other UBI blockchain solutions fall back to a centralized authority that decides who is human/ who can get a UBI. b) It anchors the value (the trust) of Circles...
...in human relationships. Money is in my opinion best defined (e.g. by Bernard Lietaer) as a "social contract". Circles makes that explicit and very local. The minimal viable "economy" of Circles is just a group of 3-4 friends that decides to grant each other a UBI via Circles.
Anyhow - you can read more here: joincircles.net medium.com/@ConsenSys/bas… Or a bit more technical stuff here: handbook.joincircles.net/about/whitepap…📷 Fair Money for All: Basic Income on the BlockchainFor most people money is something that just exists. In order to receive money, someone needs to be willing to spend this money on you…https://medium.com/@ConsenSys/basic-income-on-the-blockchain-fair-money-45662889077c
Here you can see the Circles p2p network growing: dashboard.circles.garden (that is Martin in the network)
Circles servers are getting overwhelmed by all of the interest, so be patient in getting signed up. http://circles.garden
submitted by CryptoUBI to CryptoUBI [link] [comments]

Writing Bachelor's Thesis about BitCoin (Economics). Part 1 (15-20 pages) should be BitCoin-related but not about BitCoin - central banking, money, local currencies and so on. Any idea where I could start?

Now first thing first - I am sorry if something doesn't seem to be clear enough - English isn't my native language and it might show. So thanks for understanding!
Anyways, I decided to write my Bachelor's Thesis about BitCoin. I've been watching it closely for a few years now and I have pretty good idea about what I'm going to write in Part 2 of my thesis (which is about BitCoin) - however the first part is not really supposed to be about BitCoin. It should be focused on stuff such as central banking, money, local currencies and so on. So far I have roughly 10 pages and I feel like they aren't very good.
I don't ask anyone to do my homework for me but rather I'm looking for unbiased, different view. I just can't put my finger on what exactly should I write about (because "Central banking" is pretty damn wide term, so is "Money"). It should relate to BitCoin somehow (at least a little - I wrote a few pages about "Why do we need central bank" for example).
Any chance you guys could brainstorm an idea or two? I don't really have any friends who are interested in BitCoin who I could ask to help me out.
Thanks!
submitted by TheMoki to Bitcoin [link] [comments]

Prof. Bernard Lietaer On Bitcoin People of Crypto World - Bernard Lietaer Bernard Lietaer on the definition of money Bernard Lietaer - Best Summary on Bancor Protocol (Blockchain) vs. the false-flag Bitcoin Bernard Lietaer: Modern Monetary Theory is right

Bernard Lietaer is an expert in innovative monetary systems. While at the Central Bank in Belgium he co-designed and implemented the ECU, the convergence mechanism to the single European currency system. During that period, he also served as President of Belgium’s Electronic Payment System. In 2012, he was the lead author of Money & Sustainability: the missing link, a publication of the EU ... Bernard Lietaer was a great thinker with an unusual bright intellect, enriching the lives of so many people. For us he stands in the line of economist like S. Gesell, J.M. Keynes or N. Georgescu-Roegen. Isaac Newton is quoted saying that we are all standing on the shoulders of giants and hence can look further into the future. On the 7th of February Bernard would have celebrated his 77th ... Bernard Lietaer Image credit: Willi Filz, Brandeins . We are deeply saddened by the loss of our dear friend, Bernard Lietaer, who passed away recently at his home in Hoherhagen, Germany with loved ones. Bernard was a financial justice warrior; a fierce advocate, sharp businessman and revered educator who dedicated his extraordinary career to exploring global monetary systems, uncovering truths ... Bernard Lietaer website YouTube reviews Rethinking Money "The Rise Of Hayek's Private Competing Currencies" Peter Ferrara forbes obituary May 13, 2019 – We are deeply saddened by the loss of our dear friend, Bernard Lietaer, who passed away recently at his home in Hoherhagen, Germany with loved ones. Bernard was a financial justice warrior;… "Bernard says Bitcoin is not at all interesting as a complementary currency, since Bitcoin's purpose is actually to mimic two negative aspects of conventional money: speculation and anonymity. It does not make it a better, more transparent medium of exchange than normal money. So in that sense, there is nothing complementary about Bitcoin.

[index] [47780] [49694] [15839] [33401] [23198] [30978] [45754] [27367] [4822] [49461]

Prof. Bernard Lietaer On Bitcoin

Recording date: 23. April 2014 Location: School of Business and Economics, Maastricht University Speaker: Prof. Bernard Lietaer Title: In conversation What i... Prof. Bernard Lietaer On Bitcoin - Duration: 2:55. School of Business and Economics 3,483 views. 2:55. Martin Wolf: The World Economy in an Era of High Debt - Duration: 37:42. ... Paul Buitink praat met de Belgische professor Bernard Lietaer, bekend van het boek "The Future of Money: Beyond Greed and Scarcity", over zijn pleidooi voor complementaire currencies en een divers ... Our partner: https://www.cloudtokenwallet.com/ Registration code: 5516709372 Meet Doctor Bernard Lietaer - Known as the Architect of the Euro. He is also the... Bernard Lietard on bitcoin.

#