Topic: community coin development (Read 117 times)

Hi everyone


Im a economics and investment banking student who is currently studying in the uk. I have been studying money and the fiat banking system (both modern day and historic) in depth. I came to conclusion that money as we know it (promissory notes) were created initially as a record for storage of precious metals but soon became a tool to enslave the general public when notes became standardised.

Modern day banking practices such as fractional reserve banking (practised globally) is that i believe is crippling our society, being able to lend and re-lend any new money introduced by the central banks allows the system to create over 10 times the original amount introduced in new debt. for example the bank of Englands budget for quantitative easing is currently £435Billion to purchase goverment bonds and £10Billion for private sector bonds. So as you can imagine the commercial banking system can now create a further 10x more in new debt (at a reserve rate of 10%).

This then gave me the idea to create a crypto that rather than enslaves the people it would enrich the lives of the people who adopt the coin and one that is also transparent and actively involves the community in development and implementing our core strategy.

we currently have a few developers on board who are researching the best way to move forward from a technical aspect. We are currently leaning towards DAG "chain" and are looking for developers within the company to help bring the vision to fruition.

we are also looking for economists, mathematicians, community managers to work along side our development team. if you would like to know more about the project or would like to be considered to join the team please contact us via a private message or on [email protected]