Bernard Lietaer, A Financial Justice Warrior Who Fought ...

Circles UBI is now Live!

Circles UBI is now live! Congrats to Martin Köppelmann@koeppelmann and the rest of the team after 7 years of visioning and hard work! Here are details from Martin's Twitter announcement:
Circles is an innovative UBI that can be seen as six things:
1) A voluntary basic income scheme without the need of a state
2) Fully decentralized money but fair in time and space
3) A mutual credit system where credit lines are set by default to make credit fungible
4) A p2p form of money to make money and thus ultimately the economy more human centric
5) Crypto currency that is minted only by human life time
6) The original Ripple idea combined with UBI
The core rules are simple: 1) Anyone can create an account and start minting their personal Circles. Every account (person) mints different Circles. 2) Minting starts at 8 Circles a day today. This is increased every year by 7%
3) People can trust each other - which means that they are willing to exchange their Circles 1:1
That's basically it. I will try to explain the reasoning behind all 3 from the perspective of "fair money" (again there are other ways as well to look at Circles).
The first rule is simple: Soon after Bitcoin made people see that money outside of a state is possible and that the potentially design space for money is quite large people came up with ideas: "like Bitcoin but coins are distributed equally per person".
The second rule - specifically the 7% increase per year makes sure that newly minted currency also matters in the future compared to already existing currency. (Read here how ~7% can be logically derived from a 80 year live expectancy)…
The third rule does 2 things: a) it is a fully decentralized solution to the sybil attack problem. Almost all other UBI blockchain solutions fall back to a centralized authority that decides who is human/ who can get a UBI. b) It anchors the value (the trust) of Circles... human relationships. Money is in my opinion best defined (e.g. by Bernard Lietaer) as a "social contract". Circles makes that explicit and very local. The minimal viable "economy" of Circles is just a group of 3-4 friends that decides to grant each other a UBI via Circles.
Anyhow - you can read more here:… Or a bit more technical stuff here:…📷 Fair Money for All: Basic Income on the BlockchainFor most people money is something that just exists. In order to receive money, someone needs to be willing to spend this money on you…
Here you can see the Circles p2p network growing: (that is Martin in the network)
Circles servers are getting overwhelmed by all of the interest, so be patient in getting signed up.
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Bernard Lietaer on the definition of money Bernard Lietaer on monetary ecosystems, Ecuador, Greece and bitcoin Professor Bernard Lietaer: Bernard Lietard on bitcoin. Prof. Bernard Lietaer On Bitcoin

Bernard Lietaer, A Financial Justice Warrior Who Fought for Freedom of Currency. February 10, 2019 - by Galia Benartzi. I am deeply saddened by the loss of my dear friend and mentor Bernard Lietaer, who died Monday morning at his home in Hoherhagen, Germany with loved ones. I had the great honor of getting to know Bernard in recent years as he served as President of the Bprotocol Foundation ... While Bernard was already battling his illness, our friend, colleague and advisor John Clippinger, who co-authored with Bernard “From Bitcoin to Burning Man and Beyond” (a work conceived at a similar gathering he hosted, at the same historic location), warmly accepted the award on his behalf. It is with poetic synchronicity that Bernard, like his heroine Elinor, was similarly able to only ... Bernard Lietaer was a great thinker with an unusual bright intellect, enriching the lives of so many people. For us he stands in the line of economist like S. Gesell, J.M. Keynes or N. Georgescu-Roegen. Isaac Newton is quoted saying that we are all standing on the shoulders of giants and hence can look further into the future. On the 7th of February Bernard would have celebrated his 77th ... Bancor Protocol Foundation Adds Author and Euro Designer Bernard Lietaer as Chief Monetary Architect– June 10, 2017 […] [...] Bernard Lietaer, A Financial Justice Warrior Who Fought for Freedom of Currency Published on February 6, 2019 February 6, 2019 • 84 Likes • 10 Comments

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Bernard Lietaer on the definition of money

Paul Buitink praat met de Belgische professor Bernard Lietaer, bekend van het boek "The Future of Money: Beyond Greed and Scarcity", over zijn pleidooi voor complementaire currencies en een divers ... Prof. Bernard Lietaer On Bitcoin - Duration: 2:55. School of Business and Economics 3,493 views. 2:55. How Neuroscience Can Hack Your Brain's Potential Dr. Andrew Huberman ... Bernard Lietaer Talks About Money & Sustainability & Cryptocurrencies - Duration: 1:20:53. ... Bitcoin value will ultimately fall to zero: Jordan Belfort - Duration: 4:50. Fox Business 53,678 ... Professor Lietaer is one of the architects of the euro. A detailled biography of him can be found here: Bernard Lietaer, author of The Future of Money, is an international expert in the design and implementation of currency systems. Key ...