buxbe
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====== Introduction to BUXBE ====== | ====== Introduction to BUXBE ====== | ||
- | {{:: | + | |
- | BUXBE wishes to incentivise creating sustainably/ | + | {{: |
The central idea is also a decision-making mechanism. BUXBE proposes creating consent/ | The central idea is also a decision-making mechanism. BUXBE proposes creating consent/ | ||
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===== How it works ===== | ===== How it works ===== | ||
- | BUXBE is not a usury system, either inflationary or deflationary, | + | The core central idea of BUXBE is what experiences can I/we decide/ |
- | BUXBE features two classes of exchanges. Community exchanges, and product exchanges | + | 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. |
- | An example of a product exchange transaction in BUXBE: | + | BUXBE features 4 classes of exchanges: education, community, for profit, and gifting. However, while many may start with a for profit model, either as asole trader or co-op, |
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- | If someone were to serve you a coffee valued in the system at B5, the server gains B5, the item receiver loses B5. | + | |
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- | If a transaction | + | |
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- | If you choose | + | |
+ | 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. | If you spoke with someone for 60 minutes educating in some way, you both get B60 each. | ||
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- | 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. | ||
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. | 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 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 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. |
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- | 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. | + | |
===== Proposal highlights ===== | ===== Proposal highlights ===== | ||
- | {{: | + | |
- | * Free to use | + | {{: |
- | * No tax, fees, costs, or interest | + | |
- | * Has no commodity capacity, i.e it is not listed for speculation | + | * The baseline of BUXBE [like goid was at $35/oz], is education is paid for by the bank at B60/h. |
- | * BUXBE is created in real time by people | + | * No tax, fees, costs, or interest. |
- | * The BUXBE bank is owned by the people using it | + | * Has no commodity capacity, i.e it is not listed for speculation. |
- | * Infrastructure | + | * BUXBE is created in real time by people |
- | * BUXBE is pegged | + | * 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. |
+ | * All education, infrastructure, | ||
+ | * Pricing can begin with 1:1 of what USD pricing is, if , but correct pricing will inevitably be within costs and profit | ||
===== Links ===== | ===== Links ===== | ||
- | Medium: https:// | + | Medium: |
+ | |||
+ | Twitter: [[https:// | ||
- | Twitter: https://twitter.com/BUXBE_ | + | Sharebay: [[https://www.sharebay.org/ |
- | Sharebay: https:// | ||
buxbe.txt · Last modified: 2022/12/07 23:24 by buxbe