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Transcript of eco^2
By coupling money-time in a new scalable way, we can
the primary "external" attractor
The massive loss to our biodiversity, the impending environmental disaster, can only be avoided if we change our social practices.
This is certain.
The determinant social meme is money and its associated institutional forms which have evolved over the centuries.
A new ecological economic entity is called for.
Not company, nor government, nor charity,
returns money to the transactional intermediary it once was, liberating our fundamental -- and simultaneously highest -- human values.
double your money
Can we save the world,
and still be paid for doing it?
is a non-group)
co-create human value
this is the primary "internal" purpose
One way to think about it is, eco is like being employed by the internet.
Unlike companies, charities or government or other bounded groups, eco couples money and time in a new way which allows it to scale easily, while equally sharing surplus to all participants.
remains healthy if enough value is co-created, and thrives if the rate of invitations continues to increase vertically upwards.
This is not a pyramid or ponzi scheme since money comes out at shorter time-frames. For example, if Charlie is invited for a year on the day Betty is there, she leaves with £100 of "his" £100,000, hence doubling her money. So, money does not aggregate upwards, but percolates down to honour the shorter-term invitations.
Say Alan invites Betty for a day. Betty brings £100 at the start of the day, Alan puts down his guarantee of £100. Whatever happens, even if the entity dies that day, Betty will leave with Alan's guarantee. If the entity is healthy, Betty will leave with £200.
Where does Alan get his £100?
Like a normal company, Alan gets it from the money-flow which results from Alan and Betty's co-creation. In traditional terms, they sell what they produce.
Money is also derived by new people being invited during the day they are within the entity. Say a person is invited for a season, and their £10k contributes to the payment of Betty's invitation.
Money is further derived by new people being attracted during that day. Say David is attracted for a year, and he gives £100,000.
A person who is attracted does not expect any money back. They are like sponsors, commissioners, or funders. Nevertheless, if the entity is thriving, they will leave with the money they came with. David ends up leaving with £100,000 at the end of the year, even if he was gifting the money.
positive invitational spiral