With love I offer this as a partial solution to quest for a better community currency, though limited to predictable goods and services.
The Product Ledger
This records the quality and quantity of past and future production.
Groups auction future products to crowdfund land without debt.
You may pay with plain-old-money or by signing one or more work agreements.
Workers receive startup products and future products and land ownership.
Past (already completed) work is kept to estimate future performance.
The Land Ledger
This records the property titles of current and future land ownership.
Groups auction future land ownership for work agreement signatures.
Once enough plain-old-money has been committed, the land is purchased without debt.
Workers receive land ownership as production goals are met.
The Work Ledger
This records contract details and signatures of past and future work.
Workers auction future work signatures for future land ownership.
Workers receive education, apprenticeship, teaming and standards.
Worker ranks are determined by experience and work reviews.
Buy future goods and services to initiate and control that production.
Pay with money, just like crowdfunding, or by signing one or more work contracts.
All of that money is used to buy land and tools without debt to begin production.
Workers do not receive money, but instead receive real land ownership.
During 'onramp', workers also receive a Basic Outcome of goods and services.
Land vests to workers as the first round-of-production is completed.
These land owners accept future goods and services as the natural ROI.
Workers implicitly trade with other workers when they buy future goods and services.
Permaculture and appropriate technology help ensure the essential infrastructure.
Open Source Production:
- Users buy Future Products to drive that production.
- That funds land without debt for permaculture production.
- Workers receive Future Products and land as they complete work.
- Each land owner accepts Future Products as the natural ROI.
Terms and Timeline
Consumers buy Future Products to control the production of those goods and services.
This funds the purchase of Sources (land, tools, water rights, etc.) without debt.
Some consumers buy Future Products with money, just like crowdfunding.
Others buy with Future Work when they sign one or more work contracts.
Workers gain Source Ownership on a work-to-own basis as they complete work contracts.
This enables debt-free housing, food sovereignty, water security and social stability.
The owner of Sources is the owner of future products without purchase.
This delivers goods and services at the real costs of that production.
Sources are hodl to protect against being charged price above cost.
The return on investment is that you avoid paying profit or rent.
Production is vertically integrated through permaculture and localized manufacturing.
Abundance and permanent solutions return as natural goals. Economy and ecology align.
In this model, the owner of Sources is the automatic owner of those future products.
Instead of buying products from the group, each Source Owner claims their part directly.
Profit is UNDEFINED because the final transaction of purchase simply does not occur.
Whether you or someone else does the work, ownership of the product does not change.
. When the consumers are owners there is no sale.
. Just as when you own a tree, you own the fruit,
. when you co-own a forest, you co-own the fruit.
. You own the outputs because you own the inputs.
Workers gain property ownership in the Sources of the products they use,
and so receive all goods and services 'at cost' and under their control.
When we sell future products to own sources and trade work this way, we create an imperfect insurance of that future production.
As the investor's interest is refocused on the product, abundance returns as the true purpose of production while 🤖 become our friends.