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Description Jennifer Windh: 'P2P payments are primarily defined by their counterparties. Counterparties are the individuals or entities sending and receiving payment. The counterparties to P2P payments are consumers and small businesses. Within the payments ...
Case Study Blockchain Technology and Polycentric Governance "The Bitcoin Scaling Debate describes a period between 2015 and 2017 during which the Bitcoin community engaged in a polarizing discussion on how best to scale the transaction throughput on the ...
- Background
- Definition
- The Terra Characteristics
- Practical Operations of The Terra
- Discussion
- More Information
Sanjay Perera: "According to Lietaer in his influential The Future of Money, there is a four-tiered monetary system for the future. People and businesses will routinely and comfortably deal in this multiple currency system, just as we today use all kinds of value cards, air miles, vouchers, credit and debit cards and virtual currencies in the cours...
Lietaer excerpts from the THE TERRA TRC WHITE PAPER. Bernard Lietaer, 2004. Bernard Lietaer: "The Terra is a complementary, privately issued, demurrage-charged, Trade Reference Currency, that is backed by an inflation-resistant, standardized basket of the dozen most important commodities and services in the global market.
Complementary Currency.The Terra is designed as a complementary currency operating in parallel with national currencies. Therefore, everything that exists today as monetary and financial products or practices continues to exist. The Terra mechanism is only one additional option available for those international economic actors who voluntarily choos...
The following scenario and accompanying diagram walks through the key elements that are involved in the Terra mechanism--from the creation of Terras to their final cash-in. (1). The Terra Creation Process. (1a.) Excess Inventory Sale.The process whereby the Terra Trade Reference Currency is created begins with the sale of some excess commodity inve...
BENEFITS OF THE TERRA
Bernard Lietaer: The Terra Initiative addresses each of the major economic and financial concerns mentioned earlier, and offers both general benefits and specific benefits to particular interest groups. General and specific benefits will be examined next, followed by an analysis differentiating the Terra from all other proposals and initiatives aimed at redressing present monetary concerns. General Benefits of the Terra The Terra mechanism, by virtue of its demurrage charge and being inflatio...
Differences with Earlier Proposals
Bernard Lietaer: "The Terra is a commodity-basket currency. For more than a century, there have been several proposals for commodity-basket currencies by a series of well-known economists. The main reason why they have not been implemented is not due to a technical fault of the concept, but rather because they were aiming at replacing the conventional money system. Such replacement would have put in jeopardy powerful vested interests. This is not the case with the Terra proposal. On the contr...
For those interested in keeping informed on the developments of the Terra Initiative, please consult www.terratrc.org.For more information contact: bernard@accessfoundation.org
2014年5月17日 · The characteristics of chaordic organizations. The chaordic commons is a network infrastructure created to support P2P-like initiatives, created by Dee Hock, the former chairman of Visa International and author of The Chaordic Age. Here are the principles behind the movement. • Are based on clarity of shared purpose and principles.
Description WAMOTOPIA 2023: From December 16, 2023, to January 1, 2024, Wamians will jointly undertake a profound exploration of the future world, weaving a spectacular emergence, a prototype society of the future in Chiang Mai. In August 2022, a group of ...
The WikiLeaks financial blockade - which started in December 2010 and targeted MasterCard, Visa, PayPal and other banking institutions in response to the publication of US diplomatic cables - was one of the moments that led to such a transformation. around ...
2019年8月9日 · 5. Work with political parties to secure commitments to pro-open cooperativist policies. 6. Negotiate with local and national govt to set up community owned trusts, and other appropriate policy actions. 7. Adjudicate/mediate between multi-stakeholders. 8. Safeguard open coops from sell-outs or unprincipled takeovers.
