Upside down economic model or resource based economy from the bottom up!
I've been thinking about money and everyone here would probably agree that it's just an economic bartering system or token. In the current economic paradigm those tokens are issued in a top down centralised manner, with only governments and banks being able to make new money or debt.
But if you think about what money really is it is just a bartering system for time. Think about it all resources are inherently free, air, water, food, land, minerals, fossil fuels. They were all just sitting there on earth before mankind came along. Nature is in essence a free economy.
So if money is a bartering system for time then why do we have a system that is centralised and controlled, that pulls people into time slavery doing jobs and tasks that are a lot of the time just oiling and turning the cogs in the machine that is our corporations and governments.
So as hopefully a lot of people here will or have already come to realise we could turn the system upside down, with a basic income for all then people could spend their money where they choose and on what they need. As well as working with and for each other providing services.
This is doable now with a dedicated cryptocurrency that distributes a basic income to all approved individuals.
In a way the system would be similar to current time banking systems.
It should also solve the fundamental problem of resource based economics, allocation, with a basic income people would only need to pay for the time it takes to provide the resources and services.
As automation in the industrial complex progresses we will see a larger and larger divide between the haves and have nots. A basic income driven grass roots economy could be just what we need.
Apologies if TZM are already working on this and grasp the fact that time literally is money.
Last edited by Arowx; 04-07-2016 at 05:03 AM.
Indeed, time is fundemental to the NLRBE I will be making my own thread detailing the workings of the NLRBE.
There is a cryptocurrency that was apparently started with TZM in mind:
Zeitcoin | Digital Currency
No Basic Income, or even RBE subsystem, looks like a scam.
Shouldn't an RBE CryptoCurrency give credit for resources, and let people spend their currency hiring those resources?
For me a next generation economy would have a Basic Income component, providing money to all users every day. Encouraging people to spend their time on things and to spend their time earning more.
Last edited by Arowx; 04-08-2016 at 04:39 AM.
Its not just that govs and banks are making money through creating debt.....its that they basically create it out of thin air by 'adding' interest....we accept it....they get rich....while the majority limps along....
A Basic Income Economy is really just another 'Bandage' being put on the Free Market System. Sure things get a little better for people but the regular everyday problems would still be around no matter how hard we think that they won't. Money Based Economic Systems all produce the same type of Inefficiencies & Unsustainability that we must try to get away from. Its good to try new things like this but we Must not end there. We Must Continue to Evolve into more Livable Systems that get rid of all the inherent problems caused by our current understanding of Economic Models.
the only thing stopping this is ourselves.
to many are focused on others and not themselves, people say to think of others, when in our natures we know this is wrong. to help others we must first help our selves.
i have now developed a system for people who are ready for advancement. but it is confronting. my name is boyd wilks, remember my name, one day you will see it again, when im finished constructing the greatest plan in history to fix the mistakes we made in our past you will see it again. for now im training my mind to prepare it for my purpose and life path. be aware of self.