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Jeff's avatar
Sep 19Edited

Y’all are great together and have some thought provoking ideas! 😄 So about the money, the current problem is interest/debt/inflation but maybe we still need an IOU but instead based on gift or resource (still need ownership) and we can mint our own money if needed based on gifting our time or resources. For example I mint a token for my days work (there I go breaking another decree 😂) or I can mint a token for my lawnmower. I can then trade a piece of my token to my neighbor who grows carrots and potatoes, or either of us can transact with others indirectly on the blockchain for our needs. If someone ever wanted to redeem instead of just trade my rouge tokens I would work for them or in the case of my lawnmower, borrowing it or re-homing it, or I could have exchanged that withdraw with other tokens I had saved up in equivalent value units. The current money is based on nothing and engineering by the stock market and fractional banking. I’m sure Jack and the anarchists can get behind the approach of resource backed crypto.

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Dr Meg Roekle's avatar

Jeff I’m lol! Just to play with.. what if the idea of ownership is gone. There’s still ‘our stuff’ .. like, the things we’ve accumulated that natural ‘belong’ to us.. but the truth is even now we don’t own it. It’s ours temporarily. That mower doesn’t die with us. So it’s not owned it’s borrowed

So the exchange is not trade.. no iou.. it’s just sharing. Imagine the whole world is family and the whole earth is ours, since we are the earth, and each other..we are all made of the same stuff.

Like a body, the right finger doesn’t own the blood that’s there now, it doesn’t trade with the elbow; there is a continuous flow in the body

How do we use a symbol of energy like a coin in a free society, where ownership isn’t a thing?

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Randolph Proksch's avatar

You’ve described one of the economic transaction systems described at Substack’s Grassroots Economics being experimented with in Kenya / Western Europe, reported at links in my comments here.

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Randolph Proksch's avatar

Here are multiple links to the Sarafu.network, that is experimenting with many ways to transition to the gift economy. Includes the years of practical experience in Kenya, and the scaling-up around the world.

It’s a simple idea —- trading services / products to eliminate the need for government money. A typical scenario — a neighbor lends me her car for a day trip … I arrange my car mechanic to do some repair on her car … who is doing that work in return for landscaping work I did for him. All transactions without money (though some networks have a community script to keep “account”), building community. You have created a unique variety for yourself in the virtual world, with all the healers you’ve interviewed, that you are trading your “medicines” with.

In the 3D world, though, this is working best among people who live in physical proximity (as in the Jon Jandai inspired and Kenya communities).

Some communities are experimenting with bitcoin.

https://substack.com/@paycleckwithaheart/note/c-157363675?r=6ayf2j&utm_medium=ios&utm_source=notes-share-action

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Dr Meg Roekle's avatar

Beautiful, thank you. Yes it’s the linking to the 3d because basically all information is free now.

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db's avatar

Yes!! There’s an excellent book by a repudiated author—the origins of virtue Ivy Matt Ridley which discusses this topic in depth. 🐾

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Dr Meg Roekle's avatar

That’s awesome! Is he on Substack?

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db's avatar

Yes he’s on Substack as Matt Ridley author I tried to link it but I’m a noob to this app ugh sorry I’ll keep trying

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Dr Meg Roekle's avatar

No worries, I’ll find him!

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The Lucid Hex 🖤✨️'s avatar

Shared Sydney Australia 🇦🇺

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Dr Meg Roekle's avatar

👋💗

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Abby-Neter's avatar

Love you ladies. Hapi Earthday Meghan. I’m unpacking my watercolor supplies as well on Saturday. See you then.

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Dr Meg Roekle's avatar

Love you too Abby. Can’t wait to see you Saturday. 💚

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Abby-Neter's avatar

Love giftcoin!

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Dr Meg Roekle's avatar

✨👍

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Faron Hamaker's avatar

Do you guys know of a place that's free and welcoming yet??

You talk about it spreading, I just hadn't heard.. this would be huge news for me!!

Like a weight off my shoulders..

You only touched on it briefly, I do like the decrees tho!

But yeah, I'm very interested in what you're building!?!

I'd love to help!!

But yeah, was unnatural how it's currently working in my area.. our dreams will work together! Powerful!

I really look forward to talking!!

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