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What does Circles have in common with permaculture?

Understanding Circles - What’s Going on Here?

The current money system is like industrial, intensive agriculture. The whole landscape is producing the same crop - it’s efficient in a certain sense (or for certain people): you can harvest all the crop, and you only need one type of machine and only one distributor. But you will also need a lot of pesticides and in ecological terms, this land will be almost dead. If a new type of pest attacks your crop and it’s resistant to your pesticides, you’re likely to lose all your production. This is basically how our current debt-based, state-ruled money system works.

Circles is a currency pluriverse: the smart contracts issue personal tokens to everyone at an equal rate. With complementary currencies, like Circles, we can make our systems more diverse and, therefore, more resilient. Yes, it may be clumsy (you need to learn to use Circles, just like you learned how to use paper money, or your new Fairphone), but the economic system as a whole may become more stable. Just like with organic, permaculture agriculture: if you lose your strawberry fields, you will still have your roses and potatoes and cannabis. 🙂

November 3, 2021
https://joincircles.net/wp-content/uploads/2022/05/Circles-logo.png 0 0 Szamo https://joincircles.net/wp-content/uploads/2022/05/Circles-logo.png Szamo2021-11-03 13:58:352022-01-22 12:16:28What does Circles have in common with permaculture?

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CIRCLES UBI

Circles UBI is an alternative currency that works something like a basic income. We launched in Oct 2020. Read our whitepaper: https://handbook.joincircles.net/docs/developers/whitepaper Or find out more at: https://joincircles.net

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