Topic: Universal Dollar - Countdown (Read 1425 times)

I guess I'm just EDUCATED STUPID or something.

Production hails from the one; therefore, a relevant monitor of consumption does so as well.

Currently our worth in "Social Media" is USD 500+, that is more than per capita income of quarter of world population. The information which you provide profit to some one, simply 1 billion users in facebook makes facebook 100+ billion dollar company, so Mark Zuckerberg earns 33 billion dollar ... importantly facebook have less than 10,000 employee.

https://i.imgur.com/c1L8D9S.png

https://i.imgur.com/bgTgSLe.png

It's JUST YOU made them so much RICH ... why NOT you become RICH by your own information, additionally invulnerable to fiat currency chaos.

Step 1:
What ever information you provide to SOME-ONE, then take 50% profit from THEM according to your info feed, don't throw away your valuable info for free-apps

Step 2:
If your community ready accept your IOU(promise to repay later), then you can able to create own money(Smart IOU), through decentralised ledger (crypto blockchain)

Step 3:
If you pre-compile all your consumable+biz needs and broadcast across the world and create your own money upto your consumption+biz level (like $1000) and ready to accept same kind OF "Smart IOU", you become your OWN master (like limited tokens $1000 x 3 years, and same kind of $3000 token you ready to accept from same network, that also created in same kind of policy and protocols)

Already 6 years completed for bitcoin, but still it's struggling. Our idea is "user loyalty based social networking, which gives share of its revenue for information provider; and user can create community group-ism in online, based on that user will have power to create community TOKENs, and user will have access to certain valuable information".

Simply ... in a village people TRUST each other, same way we are creating globally TRUSTABLE global village. Because "money consist only of an agreement within community for something to use as a medium of exchange".

https://i.imgur.com/PcLA1lZ.png

The online community created TOKENS could be very much useful for $500 billion dollar remittance market, which BITCOIN still not able capture, even though it's technology proven much better than traditional money transaction.

https://i.imgur.com/6j23f6d.png

Own yourself, Earn yourself

I'm sorry , but I don't really get the idea behind social media groupism and a universal USD or cryptocurrency ?

What does linkenin , facebook , or twitter have to do with anything ?


Everything else you mentioned is solid gold.

Five out of nine of your gripes about the current economy can happen to Bitcoin...or any asset for that matter.

Universal Dollar idea is taken from "Keynes Bancor Plan", which is the first international well balanced currency unit proposal ...

Maynard Keynes Bancor Plan (1944)
=================================
1. International currency instrument to make bilateral arrangements superfluous
2. An orderly method of determining foreign exchange values
3. A quantum of international currency that is subject to deliberate expansion and contraction
4. A stabilizing mechanism to exert pressure on countries, whose payments become unbalanced
5. Countries bancor stock of reserves appropriate to its importance in world commerce
6. A central institution to support other international institutions
7. A means of reassurance that methods of restriction and discrimination will be unnecessary

https://i.imgur.com/C8Lvlff.png

Universal Dollar Logic (UD whitepaper will be released soon)
==================================================
1. Transforming information oriented wealth into information providing netizen
2. Globally trust-able and audit-able netizen community groupism
3. Broadcasting needful and worth-full netizen information across the world
4. Tokenization of fiat currency, assets, bullion and minerals
5. Handling original sin in financial market through netizen tokens
6. Fortune exchange trade policy and protocols for global village netizen
7. Equilibrium oriented netizen tokens as a universal currencies

https://i.imgur.com/XGkNxoG.png

Fiat currency current status ...
https://i.imgur.com/h9jESsA.png


Fiat Currency Terrorism
https://i.imgur.com/AESXDRA.png
https://i.imgur.com/MjmMdfj.png


Crypto Currency Ultimate Power Is Achievable via Social Media Groupism
https://i.imgur.com/dF0Je9C.png


After 2008 financial crisis, fiat currency system came under major criticism due to its “textbook not written money creation and multiplication” mechanism in fraction reserve banking system. Father of modern economics Adam Smith believed that when an individual pursues his self-interest, he indirectly promotes the good for society; in his “Wealth of Nations” he described what drives the economy in a simple but most efficient way …

*** “He generally, indeed, neither intends to promote the public interest, nor knows how much he is promoting it. By preferring the support of domestic to that of foreign industry, he intends only his own security; he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was not part of his intention. By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it.” ***

Led by an invisible hand can be described as “private vices ... may be turned into public benefits”, but in the fiat currency fractional reserve banking “the private” are primarily concentrated on “elite group of people” and continuous devaluation on fiat currency makes “citizen wealth into continuous deterioration”. In other hand global export and import inequality which is growing exponential, even in the time of “deficit terror” most of the world countries are not able to use their own currencies in international trade; which makes everything worse for many lower economic nations, which is called “original sin” in economics.

John Maynard Keynes “bancor plan” is one of the first ever model to handle above chaos through bancor currency, which is “an international currency unit” supported by global institution and international clearing union. Crypto currency is still struggling to gain trust in commodity and financial market because of its decentralized ownership and various question about its valuation. Universal dollar takes its idea from Keynes “bancor plan” and IMF’s “special drawing rights”, same point of view is incorporated in netizen based “decentralized crypto currency platform” which could strengthen crypto currency adoption in commodity and financial markets due to its globally trustable prototype model.


What is our worth in social media ....
https://i.imgur.com/lEDT6wu.png

Already our worth in "social media" is USD500 plus ...
Universal Dollar ==> User Loyalty based Social Media Community Groupism + Crypto Currency + User Valuable Information Networking

Well now we know what would happen if BitCoin and TimeCube had a baby.

Today modern world economy is...
  Government IOU for Fiat Currency (without backed by anything other than government decree)
  Central Bank Created Reserve Currency (Fiat Money)
  Commercial Bank Created Loan Deposit (still not written in economic textbook)
  Fractional Reserve Banking Deposit Multiplication
  ASSET BUBBLE
  Too much fiat money behind very few real commodity and assets
  Fiat currency terrorism
  Artificial inflation
  Chaos deflation
ALL IS NOT WELL


Only worth-full and wonderful investment can be on top of "UNBANKED 2.5 BILLION" population potential... rest all are in DEFLATION time bomb with in matter of time ... fiat currency value is zero, humanity returning to THAT ... top to bottom design will be disaster very soon ...

So what is NEXT?
  Universal Dollar
  Crypto Mone'c'y
  Hybrid Mobile Money
  Hybrid Social Media Groupism
  Netizen Info Matrix


Simply...
Netizen/Citizen accelerated "Smart IOU" backed "Central Information" based "Crypto Currency"

https://i.imgur.com/tKNKEts.png

https://i.imgur.com/WDC9Z0K.png

https://i.imgur.com/QUv3C1N.png