Can I get rich with Circles, like the early investors of Bitcoin?

Not really. Bitcoin is designed to function like gold or a digital collectible: it’s based on scarcity. There is a limited amount of bitcoins that will ever be created. So bitcoin is only good for storing wealth in real money. This makes people hoard and doesn’t encourage them to spend it on their communities.

Bitcoin doesn’t challenge the current economic system (that’s riddled with fiscal crises) as we do. Instead, Circles has another approach that’s based on abundance and is designed for circulation and spending. Just like a healthy body needs blood circulation, the economy needs healthy spending too. If a body part accumulates too much, that might lead to dangerous blood clots. Similarly, if a small group of people hoards too much, that might lead to crises, creating even more inequalities.

 

Therefore, the creation of Circles tokens (CRC) is limitless. The total amount of CRC issued depends on the number of people who join the network. Circles gives power back to the people: the power to issue credit in order to claim resources. Circles is a mechanism for monetary creation, not a get-rich-quick scheme.