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.

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. BUXBE is only usable to trade with goods and services.

BUXBE features two classes of exchanges. Community exchanges, and product exchanges where a good or service is sold for profit.

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.

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.

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.

• Free to use
• No tax, fees, costs, or interest
• Has no commodity capacity, i.e it is not listed for speculation
• BUXBE is created in real time by people using it per transaction
• The BUXBE bank is owned by the people using it
• Infrastructure and community projects are paid for by BUXBE, to be given to communities for free
• BUXBE is pegged 1:1 to the USD in price

Medium: https://buxbe.medium.com

Twitter: https://twitter.com/BUXBE_

Sharebay: https://www.sharebay.org/profile?id=52608