index

Let us begin with an example. We will call it Glens Taxi.

Glens Taxi accepts Bitcoin. Hooray! How earth shattering. Now, his first problem is that his public address to collect funds is about 16 characters long, so he first uses a QR code to scan that address into the wallet, or payment app, of his users. His users then put in their private keys and the deal is done. But not exactly. On the merchant side most payment processors like Visa and MasterCard levy a 3% fee, with Bitcoin this is removed. Also, Bitcoin is classified as a commodity and financial instrument and thus does not pay GST tax in Canada or Sales Tax in America. Watch the laws on this one, however, no one transferring BTC on any exchange is paying 5-10% tax, and so just like your uncle, we can say ah-ha and thank you Mr. Taxman! Thus, our Bitcoin vendor, Glens Taxi can discount his fares 13% or so. Then consider that as Glen drives around the city introducing new people to Bitcoin his Bitcoin value will slowly appreciate, so add another 2-5% increase there. Now know that Glen also has properly encrypted the wallet.dat file with a passphrase as he wants to be a miner and thus giving him access to the new Bitcoin minted and voila, he is even happier. This effectively makes Glen not just a Bitcoin merchant but also a Bitcoin miner and mints him an extra batch of 3.125 BTC every now and again pushing his Bitcoin holdings up every year. So, our Bitcoin Taxi can discount his fares by nearly 15% or so. Also, consider that some of his clients could later find use for Bitcoin beyond just his taxi. Now, in reality, it is quite rare that Glen would be able get his hands on the newly minted 3.125 BTC every 10 minutes, as this right is currently reserved for high power mining rigs, but he still as usual supports the system. We also know that some businesses, such as when Elon Musk did, who accept Bitcoin are undefeatable. Because they can profit from Bitcoins rise and write off its falls from their taxes! Also, those who bought Bitcoin at a high of $80,000 can still lend out their tokens and regrow their losses by utilizing DiFi platforms like Compound. Glen cannot just use Bitcoin he has a clever solution; he can issue his own crypto token!

A crypto token can bring more value to the issuer and user, and serves as a micro-economy, linked into the larger Bitcoin economy. It is all about direction. Tokens can be made on Bitcoin, Ethereum a turning platform for smart contracts, and with Stellar Lumens a macro-economy of liquidity. With Stellar Lumens you can trade your token for Lumens to Bitcoin and back again. Thus, anything becomes possible and the world is now more liquid and accessible. Also, Swarmfund could be used for crowdfunding and tokenization along with DigiByte and Colony. Technically, Glen could issue as many tokens as he wants and let supply and demand dictate the price, but this is not wise; if Glen issues too many tokens and once the token has no value it is very hard to bring it back! He may even need to burn tokens. This hands-free issuance of tokens can however make sense if he is using a game, art, or NFT (Non-Fungible Token) collectable token standpoint.

Glen is aware of this, so he chooses to use a tethered coin solution. First, he can use a Smart Contact to create one TaxiCoin for every ten-dollar fare. Say, for now, each TaxiCoin sells for $2. Thus, he makes $12 on every $10 fare, not bad and he can just leave it there. This $2 is not real value, it represents only speculation and the idea that the market believes in TaxiCoin and perhaps its future. The market maker is the general market and not TaxiCoin itself. However, with a tethered account he could take it further. For every $10 Glen makes $2 could be sent to a special separate tethered Bitcoin wallet address, leaving him $8. This is a supportive, backing (tethered) reserve, and ensures that everyone who buys a TaxiCoin can redeem it for $2 via the reservoir account immediately, thus making TaxiCoin the 100% market maker and gives every TaxiCoin a $2 claim. Just like tether coin, this move holds the coin’s value. However, the amount in the tethered account can also be arbitrarily changed! So, we have a $2 tether coin that can be swapped for $2 because Glen guarantees it is so. He locked in $2 as soon as the coin is made. But he can resell it! As soon as he does his velocity of money goes up to one cycle per coin. He can also sell a regular or newly minted coin to an investor for $2 and increase his purse. The math is simple, for each tethered TaxiCoin minted $2 is lost, so Glen sells one, either a newly minted coin or a coin taken from use and gains $2. What this effectively does is put everyone on the same page and prevents the tokens value from collapsing. Glen starts with the money, $2 in a tethered reserve account, he then sells a token, collects $2 and guarantees another investor can get $2 back, or perhaps more. Then over time as the value of the coin rises Glen makes money and his staked purse value can change and increase. Glen can also issue brand new coins. This could also be used as a coupon system giving $2 off to riders (a liability) and replacing it with money from an investor (an asset) and thus we could have a CouponCoin! Glen simply waits for appreciation, changes his purse and issues extra coin. He can debase his 100% tethered purse and let the market help! This way the market and Glen are the market makers. Glen can change the coins tethered value and the size of his tethered reserve and let the market pick up the rest! This is called value locked. So, if the trading volume is large enough, and stable, this additional reserve may not be necessary. Also, this reserve is considered parked cash. In some cases, the value should be in the coin and not the “gold” that backs it up! Making trading more elastic and ecstatic and less dictated! If Glen is clever, he could have multiple supporting tethered accounts of investors (or friends) who would provide liquidity to the token, so Glen doesn’t have to do everything on his own. This could guarantee the coin’s stability. Now, Glen can use his prime position to mint more tokens, allowing him to buy new taxis and so on, perhaps eroding some of the value in his tethered coin, and then with some speculation a happy investor may jump on-board. Additionally, this investor may have heard Glen is investing in a party bus that will push the value of TaxiCoin to $5! Glen can also use Smart Contracts and tokens to do crowd funding for his party bus. He issues $100 worth of tokens and says every investor is entitled to a 10% Bitcoin dividend. So, he goes out and buys $10 worth of Bitcoin and credits it to the proper investor wallets using a Smart Contract. He then has $90 to buy a bus. In this case the market is the market maker, and they better have good faith in Glen and the future of the market for the idea to reach maturity. Still, it’s not bad for the investors who can hold on and get 10% in Bitcoin. So, a balance must be struck between how much the market can make Glens TaxiCoin work, and how much Glen must provide. However, remember, Satoshi Nakamoto would have preferred a tethered coin solution as it has a Proof-of-Work built into it and is real, the floating speculation method is not! As with all cryptocurrency people can see the transparency of how many wallets there are and the open Smart Contracts guaranteeing liquidity in the organization. This is the opposite of the curtain Wall Street uses when it orchestrates opaque financial products that collapse as they did in 2008. So, it is the math versus the curtain and the hype.

Thus, if Glen wants to be a real market maker he would have to sell a claim on his revenue. He can take this claim a step farther by issuing a second governance token alongside his utility or investment tokens. This government token would let others into the business and essentially tally up to what the hippies would call "selling out." The money from the sale could help the business, and then the owners of the token could control its supply and demand to dictate a new price all based on math! This is akin to insider trading. It is possible for them to issue a burn command or even expand the circulation to up trading and prices and move to be ahead of the curve!

Just in case you are wondering there are still more ways for Glens Taxi to profit, enter (more) Smart Contracts.

In Glens case Smart Contracts can act as an insurance agent to get him more money and ensure his customers feel cared for. Before each ride is started Glen offers a static Smart Contract to his riders. If he is on time, they pay him $5 for the insurance. In the event that Glen is 30 minutes or more late, the rider gets $20 for their troubles, if Glen is on-time enough, he makes more money. This smart taxi could also be programmed with a Smart Contract that says after 500 fares or transactions on the blockchain the taxi needs to be serviced. But this is not the end! There is more. Glen can profit from the exchange of information and sharing it via the blockchain.

Think about how taxis get fares. They wait around all day or wait for the call center to bring them up to speed. A new decentralized ledger technology (blockchain) could knock the socks of these old models of doing things. Imagine, it starts with some kids who need a ride home after a long night out. They open the GlensTaxiApp. They make a Bitcoin transaction of $5 to the wallet address of the app and it appears on the blockchain. Then in real time a mark from “The Kids” to “Glens TaxiCo” appears in the blockchain with a message “4 to pick up at Ranchmonds Bar”. This event is logged and every event after it; all on top of the Bitcoin blockchain. Yet as an added bonus we can let the kids bid more for a sooner pickup from the saloon. They decide to pay an additional $5 in Bitcoin if they are bumped to the top of the que. All this information is transparent, shared and in the spirit of blockchain and capitalism. What we do not want is all the cabs running stop signs to get to their next fare, so the process needs to be fair (pardon the pun) and, as with blockchain democratic and decentralized, meaning, in plain English, the taxis have to share the value of all the bonuses in fares. They need to all be on the same page and pay grade. They may even need an algorithm to determine who is closest to the lucky students. This transparency is what blockchain and Bitcoin is all about.

Let us take the example of a museum. Everyone pays in Bitcoin and if they do not for practice sake, we will say they transfer funds to Bitcoin on the spot; all of these transactions can be traced, and all go to one master wallet. From there the museum can be paid a 15% fee and the artists share the rest based on tracked popularity. We know who is getting paid what and by whom, and why. This can be done with 2 Factor Authentication and Multi-Sig wallets. Meaning all the parties must sign off before funds are transferred, putting us all on the same page. This can open huge amounts of value and prevent people from getting the short end of the stick, something we all care about. Smart Contracts and 2 Factor Authentication and transparency can help us. The idea here is essentially we can split up payments via Smart Contracts, multi-sig wallets and a blockchain and that we can blast information to people on a blockchain, this can help us spread the word and give credit where it is due! Who else can help us? Our very own government!

After quite a battle the government decided that Bitcoin will be taxed as a commodity and thus capital gains taxes are applied. So, if you invested in a second home you pay capital gains tax on that houses appreciation or write off deprecation (just pull a Trump) when you lose at sale time. If you bought stocks (or Bitcoin), they are taxed as capital gains are. Capital Gains in Canada are taxed on one-half of the balance of appreciation in your given tax bracket. This could be great for companies. So, they have $200,000 in profits at the end of the year, instead of paying the tax man on all of it, they could buy $100,000 worth of Bitcoin and reduce their bottom line by $100,000. They then sell the Bitcoin and only pay tax on half of the balance as capital gains tax. Thus, they save $100,000 times half of their business tax. Saving some money for the employee of the month! Also, executives could have their bonuses paid in Bitcoin. If they are in a 20% tax bracket, they will pay 20% tax on only half of their Bitcoin bonus and the rest is all for them! $15,000 in Bitcoin income sold will be taxed as capital gains tax, or upon half the amount outstanding, leaving extras. With Bitcoin in Canada, you will not pay the GST and you will be taxed at capital gains rates of one-half of the normal rate. In America it is a little different, it’s the opposite, instead of favoring corporations America favors people. If you sold $15,000 of Bitcoin from Bitwage, you will pay 0% tax on your Capital Gains on your Bitcoin if you make less than $60,000 when your tax rate is 22%! So, if you choose to be paid in Bitcoin with BitWage and sell immediately you will owe zero percent whereas if that was your wage you would owe 22%! You could be paid 10% of your salary in Bitcoin, sell it, and in a given tax bracket you will owe no tax on that 10%! In America as a corporation, you will pay the same tax for the most part, unless you have a write off. It is clear and important to remember you must pay tax on the appreciation of your Bitcoin holdings, thus as an investor you will not pay tax on your initial Bitcoin investment, but the appreciation will be taxed at a capital gains rate. It is the same as if you buy Bitcoin from an exchange: you owe capital gains tax only on what you make, not what you bought. It truly is a wonderful world! So, be sure to declare your income and pay the proper taxes. This can all be done with BitWage. If you reduce your income by just enough to get into a lower tax bracket thanks to well-timed crypto investments and payments you could save a lot on taxes. Trump would love you. It is all about the bonuses, and that is precisely what tokens can do.

If you can imagine an app, there is a token it could be using. Tokens can guide customers, provide for users, owners and investors. There are 3 types of tokens. Investment Tokens give a claim on revenue or an underlying asset. Utility Tokens are required to do something, for example playing in a game or writing information to a Natural Geographic like blockchain. Finally, there are Governance tokens that give you the right to determine a projects projected path. There are as many apps and tokens as there are businesses, let’s dive into some! The best time to search and invest is now.

Tokenizing helps create micro-economies that link into the larger Bitcoin economy and nudge consumers in the right direction. In our city there is this trendy scooter company called Lime. You download the Lime app, then unlock their scooter and away you go. It costs about $15 an hour and is truly entertaining, not to mention dangerous! Say you paid in Bitcoin, you then have Bitcoins advantage of added information and technology, you are not just doing business you are doing information; this extra information can help you. For every hour on the scooter you could earn a LimeCoin or a RewardCoin. Ten LimeCoin and you get an hour free. Or, perhaps you could take LimeCoin or RewardCoin to a local participating restaurant. Ten LimeCoin and you get a free appetizer. Say your restaurateur is a raving capitalist, he wants extra info as well! So, after your dinner, regardless of if you paid in Bitcoin or not, he gives you a TrustCoin. You can take this TrustCoin and use it to write him a review. For giving TrustCoin and writing a review you earn reward points and or Bitcoin. Now this market may not be all that liquid, so you can trade TrustCoins for Steller Lumens for TaxiCoin for CouponCoin and from there trade Stellar Lumens for Bitcoin, Ethereum, Light Coin or virtually any another currency with Stellar Lumens and Pancake Swap. You could end up being able to trade shoppers’ optimum points for airmiles and finally fly to Tokyo. The Stellar Lumens team say they want to provide this liquidity and be the gatekeeper. They already have many deals with international banks to expand on this ebb and flow of value. All this exchange is possible on the blockchain and takes business to the next level. It becomes more liquid with extra information and technology, and the more people who use it the larger it gets. It is not just (shameless self) promotion, but interrelation of businesses. It is all for sale and by using tokens you could create a way to drive customers in the right direction.

By using tokens, we could create a sharing website like Rakuten, where you could be paid to shop and redistribute wealth, in a decentralized fashion. First ads must be made on the platforms blockchain to attract customers; you have a micro payment, or micro token purchase, made from the advertisers’ wallet to the apps wallet describing the deal and it appears on the blockchain in the app. Every log entry is open for the public to see. You then know your deals. So, you go to Shoppers Drug Mart and buy a tube of toothpaste; you get 10% off, as you know. If you pay with your Bitcoin address you get that 10% funded back to you as ShoppersPoints, Bitcoin or even perhaps a special token from the app. If you spend more than $50 you could get special tokens back from the app’s promotions. Through Stellar Lumens and other such platforms like Pancake Swap, you can now trade this value for anything, between anyone! The advertisers get their promotions, the shoppers get rewarded, and the app can make money though ads blasted on the network and by releasing more tokenized commodities. We can then take finance to the next level encompassing all business.

Traditionally, finance has been a very centralized system. But blockchain has the power to provide the kind of information that would daunt a mortgage broker and the ability to give power to the people. Take Luige’s Restaurant. It is a happening place. Every order he makes he transfers on the spot to Bitcoin. Thus, he builds up a reputation that can be verified. Of course, your typical accountant could do the same for you, but it would all be paper and take some time. What blockchain has is the ability to let you take action on that data. Instead of going to a bank, proving who you are and getting a loan that will cost you 180% you have another route. Instead of doing your due diligence with an angel investor and owing him, say, 50% of your business, you can tread another route with blockchain. You can say to the world “Hey, look at my revenues for December!” and thus, you get a number. You have actionable value you can capitalize on in a fair, transparent, and decentralized way. You can issue $100,000 worth of LuigeCoin! But we do not think it will go this way. The path with be centralized to a degree, with few outsiders. It will be FinanceCoin and it will be all yours (and the networks)! So, you could take a painting (or Luiges) for example, and sell shares. You sell a million shares of a priceless Van Gogh for $1 each. If the painting later sells at $2 million dollars each share has now $2 worth. Then the painting belongs to Joe who owns 100% of it according to the blockchain. Or perhaps only 50% and the rest was again funded by clever crypto investors. This helps the average investor become something higher than himself and greater than a middleman. This is how the world of finance will be rocked, disrupted, and change, for the people by the people. Right now, we are looking at Crypto bonds and Crypto NFTs, or ERC 20 and ERC 721 tokens respectively. This will help communities grow and this will change finance. It is known as DiFi (decentralized finance), and it is the future.

This community around Bitcoin and the blockchain is already being built. A great collection of people are gathering around the flag of Steem. Steem is a social media app with blockchain power and tokens rewarding users. You contribute to the people, and you get rewarded by Steem for your efforts. You get something for being a creator, something for holding, and something for advertising. The same is true of TenCent and their QQCoins. Of course, other platforms exist where you do not have to create at all and can simply view ads by others, this is found in Connect Social for example. Brave gets you paid for surfing the net, the blockchain records it, and they have a strong token. It truly is a wonderful world. As Britney Spears said, “There's only two types of people in the world, the ones that entertain, and the ones that observe” and it is cool to be both. So, contrary to popular belief, it is not just decentralization it is in the platform. All for one and one for all. If you are looking for a cool platform, check out Discord. Through skill and community, the platform can grow.

We saw an excellent platform in ConnectJob. They would link up and hire people who wanted to do work for cryptocurrency and those willing to pay to have such jobs done. Simple jobs for supporters of the dream. The company would hold funds in escrow to make sure everything was done right and safely. With escrow Smart Contracts and a large user base this company had the right platform. Yet, it turned out to be a pump and dump scheme making millions. So, do your research! We do predict this model of centralized, decentralization will, however, grow. You can find platforms like Colony that uses Ethereum to create companies, DAO’s and streamline work. There is also GitCoin for the work of the technologically savvy. There is TaskRabbit and upWork for daily work. In the UK there is HeyMate and WorkChain. Another awesome project is ChronoBank with LaborX and its Time Token, they are worthy of exploring. A good and large platform with a great token and much work to be done is Jumptask. Finally, you can work with BitWage. There are plenty of platforms and places to help you grow and hone your skill.

In the true spirit of Cypherpunk crypto anarchist rebellion there are some options for those of you who plan to invest in solar panels and other forms of renewable energy. It is part of our dream. The adventure begins with what we would call EnergyCoin. A great friend of ours has a way to turn rainwater from your roof into electricity and when combined with solar panels people’s energy bills could be… well reduced, just like Trumps taxes. For every kWh of electricity one EnergyCoin could be minted by our special sensor and sent to the grid. The owner and soul proprietor sells you the EnergyCoin which you can then use to get the extra energy from the system. The EnergyCoin would trade at a value less than your typical kWh and become more effective further down the line as that is where the energy is needed most. This would probably be done among neighbors, but the decentralized or centralized system could step in and buy energy from you at a certain rate. Plus, you have the creativity of being able to simply trade away your excess EnergyCoin for dollars. Devious, right? Now the power to turn around the power, literally lies in the hands of the contributors in this case the work is in the hands of PowerLeger (EnergyCoin is close enough, right?). This idea could be expanded to include collecting computing power and hash-rate power for many simple scientific endeavors (like searching for aliens or helping human biology) or sold all over the world to contribute to Bitcoin mining! You could sell shares of computing power, like NiceHash and Golum, to people and help build great integrated computer networks. This could up the ante in the computing world! We made a promise to also take on Hollywood in this revolution and so that is the next area ripe for disruption by Bitcoin and the blockchain.

We will take on the agents and managers of the Hollywood world themselves. A very central system generally dictated on whom you know not what you know. An actor may not be as good as his credentials but as his manager. So, we were left dreaming about a more equitable and distributed system. Instead of agents we will have facts. First, an actor’s actions could be kept on their profile, tracking what job they did, how much they got paid and even how well of a job they did. They could include on their profile searchable facts such as age, training, sex, hair color, preferred roles etcetera. They could also choose to hide parts of their profile. Even older jobs could be logged on their profile, just for information sake. Then, along comes a movie studio. They pay the app a fee (or token) to blast their data to the users. If many studios are buying tokens to use this could increase the tokens price. A transaction from them to the app is logged along with their needs. The actors can search this, and this can search the actors; all on the blockchain within the app, sitting on top of the regular Bitcoin blockchain. If an actor is found they can make an agreement within the app. If the actor gets paid it shows up on their blockchain in the app and the app makes a fee. Typically, Hollywood agents make 10-15%, with this decentralized distributed system, perhaps an 8% cut would do. Now traditionally the film producers get the lucrative bit of producing the film. However, we can take these guys out of the picture as well. The film could be broken down into shares (or tokens) on the app and produced by real, everyday, people. When the movie makes money, it can be converted into Bitcoin or token shares, and they get a part, via a multi-signature wallet, Smart Contract, token drop or dividend. No more big producers or even middlemen, just people, simply sharing in the fruits of a new economy. Thus, taking finance and Hollywood to a new height of cooperation, decentralization, and delivery. We can use Singular DTV to invest in pictures today, as well as Decentralized Pictures, giving power to the little guy and in the next case to the most popular artists.

Concert tickets are a huge business. They can be sold and resold over platforms like eBay and Amazon; earning huge premiums and costing 10-15% to these platforms. Ticketmaster can do better than this. A blockchain solution exists. It will hold all of the tickets in house; you can never take them out. The blockchain will track the tickets for every artist and create a system where every re-sale of a ticket still results in royalties for the artists and concert holders! This means a front row seat for $1,000 sold for $2,000 still represents a cut of the $2,000 profit for the artists and producers! The ticket can change hands infinite times, but every time it does… the artist gets paid a portion, say 15%. This high velocity of exchange can make artists a lot of money. This can undercut the profits of Amazon and eBay and result in artists demanding the use of such a platform. This is a new day for Hollywood and a good way to challenge the typical status quo.

Traditionally, hippies always wanted to stick it to the man. And now we can do so. In a new economic paradigm, we can bring investment away from the government and into our hands. Say a new road needs to be built. It is going to cost $100,000. In a typical or communistic government system we would tax the people and pay for the road. With tokens we can create 100,000 tokens and sell them for $1 each. Now people would ask why do we need to do all this? The people paid for the road; shouldn’t the people own it!? We can put in place a toll booth or a sensor and get revenue from passersby. Why do that? Because a $1 investment that turns into a $1.20 over 100,000 times leads to a new car for the entire economy! One car per road built! This can create fat in the system; this gives power back to the people, and it can all be done with tokens. Invest in actual concrete. And these tokens can be traded, and their history audited; a typical communist system cannot do that. So, the people own the road, and made more, and shared the responsibility. Time really is money. This can be done with Neighborly and some muscle grease. You can also support your favorite cities and mine their currencies with CityCoins. Macro and micro finance can really change society.

There have been angel investors and banks and micro finance ventures like Indigogo, Kickstarter and Dogecoin from the beginning. Ketto in India has a great mission. Kiva creates loans and backs the needy. Imagine if every generous dollar spent on these great platforms was rewarded with 100% tokens or 10% Bitcoin back to the givers? What if we used Smart Contracts to enforce repayment with Bitcoin or Ethereum held as collateral? You could become a bank! If you want to issue investment-based tokens and the like branch out with Swarmfund. Look to the future and the compassionate for great opportunities. Some of these opportunities will simply be fun.

The blockchain can track your progress as you journey through a game universe. You can collect NFT (non-fungible tokens) tokens as you explore. You can trade them with other players and stake online real-estate. The best game with fun and profits at its center is Axie Infinity. You can battle, breed, stake and sell NFT axies. You can journey and quest. The most expensive Axie was $820,000 and 2.4 million players take part in this game. There is also Mist, an earlier production with a crazy world worthy of exploring in and of itself. You can use your NFTs as collateral as well. Yes, people are investing in NFTs but you can create your own and continue the journey. There is also Decentraland, SandBox and otherside, real metaverses owned by their participants. You can mix business and pleasure with a platform designed for the future.

We can use Bitcoin to have fun in the gamer’s arena of course, but also with prediction markets. We can use this for entertainment and protection. You can use Auger to bet openly and infinitely. There is AlphaCast for group prediction markets. Finally, if you feel like channeling the spirit of Satoshi Nakamoto himself, use Satoshi Dice or play provably fair games. There is a lot of information here and one should not get bogged down, just think simply and cater to your needs. Just check out our Where To Go Next page. We do not like the prediction markets as of today, but, if you are really, really, knowledgeable they can help. We are also concerned about someone in Mexico who would lose if orange prices fall, so they hedge and create a bet so that if in that situation they would win. That is what decentralization is about, the big guy cannot dictate your life. Now if you really want to warp your mind enter the future of self-propagating insurance.

InsuranceCoin will turn a liability into an asset, if you are truly skillful. In a communist system we would just forget about it, in a capitalist system we can dream about it and invest. It all starts with a tracker on your car, this tracker says who you are and what you have done. You give up a little lead way for the companies out there to be able to test and invest in you. This may disrupt your driving habits but will get people buying winter tires and the like sooner. Insurance companies then bid highest for your business. All bids would be made in InsuranceCoin and on the App. Each bid would contain a Smart Contract that would say if you chose this provider for three months and are accident free you net an InsuranceCoin that we can print out of thin air for good behavior. You can then transfer this to a friend, something you cannot do in communism. The house knows when to mint InsuranceCoins. They are minted when an insurer offers insurance to you. You get the coin from the house as a reward and transfer the coin to a friend or to the insurance broker, getting a discount. He transfers it to an investor or the house. They then hold on or swap. So, you can get insurance companies competing for your business, get rewarded over time (as a discount), and even buy and hold InsuranceCoin for fun. Sometimes people say crypto is a solution looking for a problem, but we think if you think creatively enough it can be a solution and turn a liability like insurance into an asset for growth and sharing. Yes, the communists do share the burden, but not the rewards. The system will grow and mint new coins. This floating system prevents overlords from rigging standard rates. Coins would be minted when needed or when rewarded. If insurance companies will pay 10% to find you, you can make 8% and get greater competition for rates! A new marketplace will be created, where you can hold or swap. This could make people thousands and share the wealth of insurance companies with others in a decentralized fashion. There is also the multi-billion-dollar blockchain project for the future we promised you.

The future of your vehicle may be found on the blockchain. Enter CarCoin. Every car ever made (or perhaps just Mercedes-Benz) gets a wallet. Each time an update is done on that car it costs one dollar worth of CarCoin. This is logged on the blockchain and within the car’s wallet as well. Think about the tune ups of every car, every day, forever. You can change the amount of CarCoin required per log, thus increasing or decreasing its price! You can buy and hold. This is a billion-dollar idea and we bid you do your best with it! You could also have HostpialCoin. Where every patient has a wallet and a logged blockchain for all their procedures. This can help fight malware attacks that have targeted many private hospitals in the United States, and can be used to find patients for a certain study; just query the blockchain and we can find people for any type of test, saving time and money. We can then see how well they did. We could also have SchoolCoin. Where students’ grades are logged on the public blockchain and if they receive certain grades a Smart Contract could divvy out bonuses in SchoolCoin and scholarships. We think transparent grades would lead to harder work by the students. By using a blockchain to log procedures information can be shared, acted upon and help the people progress. But this is just the start of the fun, we can also transfer into the realm of science, health and business.

Heath, wealth and prosperity are key areas in life. If we stay vigilant, they can reap us great benefits. During Covid we could have created a blockchain system to record new treatments and developments with the disease. Treatments and discoveries could be logged on the blockchain, transparent and for everyone to see, giving credit to the scientist who did the research. It could give people hope and connect them in new ways. We could also do this for universities or science journals. Every log would require ScienceCoin to be written to the blockchain. Then to get actual access to the blockchain, people would have to buy ScienceCoin as a subscriber, like National Geographic. This could lead to discoveries on the shoulders of discoveries, advancing science and allowing for sharing of research and credit to the creators! This could also be done for jobs. Open jobs are blasted to the network over the blockchain via a payment of WorkCoin. Then users can browse it, and it can browse users. Each user has a wallet tracking their latest jobs. As well, WorkCoin has to be purchased to see the data and they may even get royalties for finding users jobs. Then they can issue WorkCoin to make money. We can also have applications like Steem that reward users for contributing classic content and give copyright rights and revenue claim to those people. Bitcoin and tokens can even find their way into rewards, supporting people taking specific actions.

We will see Bitcoin, blockchain and tokens mint a new world in the realm of energy drinks and their likeminded extreme sports counterparts as EnergyCoins. It is part of our dream. If you buy an energy drink with a QR code you can get rewarded with a limited edition EnergyCoin. If you go to the X Games you can get some more. First, you get the rewards and advertisers, then people can complete actions, then they get points, and then they can spend and redeem them. We can facilitate people going through the hoops. If you remember Pokémon Go you could do something similar. You could have people travel all over the world to collect AwsomePoints or EnergyCoin from the Eiffel Tower to the Singapore Lion and have them spend as they did so. You could create a global Where In The World Is Carmen Sandiego with points. It could be funded by governments, people or companies that want to advertise to the world, and give back with EnergyCoin or AwsomePoints. There is Lock Trip getting you great discounts for traveling around the world, they use an NFT for this discount. We also love Travala and cover them later, they have the AVA token and a great breadth of 2.2 million locations around the world. Bitcoin is about spreading beyond boarders, creeds and sharing.

Of course, part of this will be in the global remittances sector. People need to send money home. Currently the remittance market is around $500 Billion. If there are a lot of migrants sending money home, that could artificially inflate the exchange rate differences. Mexico did not produce anything new, but there is a huge demand for pesos from Canadians wanting to send pesos (that they convert from CAD to pesos) home, thus increasing the pasos value without any work on Mexico’s side. The idea of Bitcoin sidesteps this current system. It is no-strings-attached with Bitcoin and that money can go home without off balancing exchange rates and costing a lot out of pocket! It can truly save you as much as 20% in some cases. The global remittances business is truly a lion of a beast with flows of money from every nation on earth. Bitcoin could stake its claim and a maintain utility in such cases. This will give Bitcoin a workable worth come hell or highwater. If we take 20% of the billion-dollar remittance industry and have 19 million Bitcoins we can get a workable figure for its value. What determines Bitcoins price is speculators, remittance givers, users, developers, Smart Contact creators, tokens, and miners. There are many use cases for Bitcoin, but the real-world value is tethered by people like miners saying “ok, I bought all this crazy stuff and now what?” thus, he ascribes a value and on Bitcoin goes. Originally it was truly measured in electrical kWh. Now, it is changing, and trading, and morphing in was previously thought dubious. It truly is a wonderful promise. There is still a lot to do.

Part of this will be the transfer of the offline world online. In Canada the housing registries and car registries are private and backed by the government. If you could use Bitcoin and blockchain these processes could be cheaper and more effective. Part of the offline world is coming online with Propy being an excellent hub brining real-estate transactions online. Eventually, not only registration status, but short-term loans could be taken out on a property using tokens to represent ownership, partly yours and partly the banks or an investors; with easy liquidity or use as collateral. You could use a Multi-Sig wallet to divvy out rent or share monthly mortgage payments. It’s all up to you.

We see this new global reality as one of great promise and hope. We can take on the financial infrastructure and build a new community of educated prosperity and enlightenment. Blockchain can help us track goods to prevent counterfeit items, it can make processes transparent, it can help people build their credit and reputations. We can create new value and guide people in unique economic systems. We can finance and we can share around the world. We hope you can join us on this long and exciting journey to a world banked for all. We can swap anything over our platforms and bring value to the process, that will be growing and beneficial for all as it does so. Thank you for reading this Manifesto and we pray you have a good voyage.