BUXXB
= Project proposed by Frederic Malouf in Australia
URL = https://medium.com/@buex
Description
BUX (Be You Exchange), is a zero-cost exchange (ZCE) that is scalable from the size of communities to in and between nations. The concept of BUX is to shift incentives from unsustainable product manufacture and processes to sustainable ones. This also shifts what is considered as wealth, allowing people to receive what they need to create what they want, without the need of excess. It drives status from the waste of dominion and ownership creating commodities to obsolescence to the efficiency of sharing experiences to possible redundancy.
It is built solely on the basis of an exchange and has no commodity value, therefore, unlike the current ICO market, is not available for speculation in currency or commodity markets. Still in concept, the model is validated by other ZCEs such as NumeroSet and TUMIN. While these have different parameters, the core is none demand a cost, therefore are connected for testing with their differences to know what parameters outside of zero cost work best to empower the most people to have status creating sustainably.
Details
Money
The present focus solely on human nature misses the need for an environment to its evolution to happen. It is quite obvious that, with all the fight for change we go through, predominantly through politics, little has changed. The one constant throughout change has been and is debt-based currencies (DBCs). Therefore, this is the one area that needs more attention to for any substantiative change to take effect. Current exchange innovations do not change the parameters of currency, just change the costs within them, which changes little. They concentrate on the characteristics of currency, which are incidental the parameters of currencies.
There are 4 basic parameters that change how people will use an exchange model:
1 Amount available (finite or infinite)
2 Distribution model
3 What it is based on
4 Costs or not
Unlike any other commodity, money is the only one that has an interest cost. Why this is the case is not important. That is does is. This affects the relationship to money above anything else and inherently makes all things created from it diminutive to it. It would be obvious why owning money would be so desired, but this contradicts the balance of nature, competitive as it is. As no innovation takes out this core concept, nothing much will change. BUX flips the model to afford being competitive, but working in balance as in anything created, synergy and empowerment are key to be given resources and labour for ideas to come to fruition.
ZCEs
In any variation to a ZCE, the central idea of one being used is to drive creating experiences, customised on demand, that empower the most people in the most sustainable way possible. The idea is to stabilise or even reduce prices for higher quality experiences as required. This keeps the purchasing power high, distributed primarily evenly, with little, if any, need to control pricing. This also allows the market to be free, as it is meant to be in capitalism, truly allowing people to access what empowers them the most without the need for ownership.
Outside of their having no cost which is fixed, varying factors include:
5 If participants are given some of the ZCE for joining
6 if the ACE is run without cost
7 if controlling the amount of currency in the market is separate from the amount of work being created
8 will education be credited to participants
Application in Societies
There are core industry orbits that are ubiquitous in any social structure: food. clothing, shelter, tech, healthcare, and transport. To scale these are 2 core centres: education and energy. Anything else is subject to how empowering, or disempowering, these are managed. The effects of these using DBCs in managing these is blatantly obvious. It can even be considered that all cycles, economical and societal, are created by using DBCs. This is why changing the exchange model we use can have such a huge impact.
DBCs are inherently disempowering, built on fear-based game theory. This is why money and politics work together. Both are built on corruptive foundations, delusions of grandeur, and power over others. This is also why many industries not only exist, but are bloated, in assisting with the compromise: banking, defence, insurance, anti-trust, advertising and public relations, to name a few. With ZCEs, the energy running these is lost substantially, if required at all. Using DBCs leads to compromises in ethics: not knowing whose to follow, and being caught, again, in the status of finding a solution, not effectively applying them. As ZCEs promote efficiency empowering all aspects involved, the default ethic is creating excellence for self and all. Therefore, oversight to create excellence, what DBCs process to achieve, becomes redundant.
More information
- Documented here at https://medium.com/@buex