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--- buxbe [2022/10/15 23:46] – jusr
+++ buxbe [2022/12/07 23:24] (current) – [How it works] buxbe
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 ====== Introduction to BUXBE ======
-{{::buxbe.jpg?200 |}}
-BUXBE wishes to incentivise creating sustainably/regeneratively. The primary objective of BUXBE is to build a framework for helping create trust-based economies.
+{{:buxbe.jpg?200  }}BUXBE wishes to incentivise creating sustainably/regeneratively. The primary objective of BUXBE is to build a framework for helping create trust-based economies.
 The central idea is also a decision-making mechanism. BUXBE proposes creating consent/consensus for relevant resources to be directed to the people that will best use them most efficiently to create experiences to empower the most people in the most sustainable way possible.
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 ===== How it works =====
-BUXBE is not a usury system, either inflationary or deflationary, as an easy way to adopt using BUXBE in the beginning. Therefore, they are not exchangeable between each other, nor is BUXBE exchangeable with any other currency.
+The core central idea of BUXBE is what experiences can I/we decide/create to empower the most people in the most sustainable/regenerative way in synergy with Earth. The scale of a choice made is less relvant than what is possible in the locality and environment one is in. An idea that empowers internationally is a credit to the creator, but this takes nothing away from a brilliant idea that empowers only locally. People decide what they want there creatioon to be, then be the best at it, as scale demands.
-With BUXBE it is impossible to, and cannot be owned as a corporate entity of any kind. BUXBE proposes that BUXBE only exists through the people that use it.
+BUXBE is a neutral currency, meaning it has no commodity structure to make money with itself, as usury does. It will have a lean towards deflation, but not with the same parameters as usury economics does. Instead, prices will fall to the point where a true free market economy will stabilise. Pricing may fall, but purchasing power goes up: always getting the best quality at the cheapest price.
-Education is paid for by BUXBE, for both teachers and students, at a mean rate of B60/h. BUXBE proposes this helps keep the currency stable.
+BUXBE features 4 classes of exchanges: education, community, for profit, and gifting. BUXBE is connected to the Honor Pay network [honorpay.org] to reinforce quality is the key focus of who best to exchange with. While many may start with a for profit model, either as a sole trader or co-op, there is a natural tendency to make it a community project, being paid for by the BUXBE bank and give what is created for free. This would ulimately make BUXBE currency more like points, but what it really does is respect the qualities of what people create, ultimately making BUXBE fundamentally redundant, with all people simply gifting. The intention of BUXBE is a cushion for humanity to let go of quantitaitve exchange. if that is never reached, BUXBE still maintains its neutral framework, supporting everyone in their journey to self-awareness/actualisaiton/realisation.
+An example of a product exchange transaction in BUXBE:\\
+If someone were to serve you a coffee valued in the system at B5, the server gains B5, the item receiver loses B5.\\
+If a transaction is a community exchange, examples of such transactions work like this:\\
+If you choose to run your cafe as a community service, you get B60/h, and customers get your coffee for free.\\
+If you spoke with someone for 60 minutes educating in some way, you both get B60 each.
+With BUXBE it is impossible to, and cannot be owned, as a corporate entity of any kind. BUXBE proposes that BUXBE only exists through the people that use it.
+No one is forced to transact with someone if they do not want to in the BUXBE system, with a focus on reputation to decide if people are worthy to transact with. BUXBE proposes an economy that values competition to find the best ways to collaborate.
-BUXBE proposes that transactions for goods and services can be either community exchange or sold for profit, as free market pricing will accept by relevant communities. No one is forced to transact with someone if they do not want to with a focus on reputation deciding if people are worthy to transact with.
 ===== Proposal highlights =====
-{{:spreadsheet.png?200 |}}
-  * Free to use.
+{{:spreadsheet.png?200  }}
+  * The baseline of BUXBE [like goid was at $35/oz], is education is paid for by the bank at B60/h.
   * No tax, fees, costs, or interest.
-  * Has no commodity capacity, i.e it is not listed for speculation
+  * Has no commodity capacity, i.e it is not listed for speculation.
-  * BUXBE is created in real time by people using it per transaction
+  * BUXBE is created in real time by people choosing to use it per transaction.
-  * The BUXBE bank is owned by the people using it
+  * The BUXBE bank is fully owned by the people using it. There is no preferential treatment of the creator. Everyone is a peer with access to educaiton to discover what they truly want to create to empwer the most people as sustainably as possible, in synergy with Earth.
-  * Infrastructure and community projects are paid for by BUXBE, to be given to communities for free
+  * All education, infrastructure, and community businesses/projects are paid for by the BUXBE bank, to be given to all communities for free.
-  * BUXBE is pegged 1:1 to the USD in price
+  * Pricing can begin with 1:1 of what USD pricing is, if , but correct pricing will inevitably be within costs and profit in BUXBE economies as there is no conneciton to usury economics in any way as the median is all people are paid B60/h for educaitopn. This is for teachers and students. This has to be otherwise BUXBE will be considered a commodity, which it isn't.
 ===== Links =====
-Medium: https://buxbe.medium.com
+Medium: [[https://buxbe.medium.com|https://buxbe.medium.com]]
+Twitter: [[https://twitter.com/BUXBE_|https://twitter.com/BUXBE_]]
-Twitter: https://twitter.com/BUXBE_
+Sharebay: [[https://www.sharebay.org/profile?id=52608|https://www.sharebay.org/profile?id=52608]]
-Sharebay: https://www.sharebay.org/profile?id=52608