Wednesday, April 18, 2018

Paying for Good Works - The design of the system must be well framed!

https://www.nakedcapitalism.com/2018/04/j-d-alt-framing-the-progressive-agenda.html

Discussion following the link has some excellent entries.  This one from Carla:
https://www.nakedcapitalism.com/2018/04/j-d-alt-framing-the-progressive-agenda.html#comment-2955632

Good Jobs is a Good Work(s).  Spend Good Works Crypto Currency into the the system for Good Jobs!  ---- instead of where it is going now in the un-Crypto Currency system!

https://www.goodjobsfirst.org/subsidy-tracker

Note;  All Governement Spending is by definition for Good Works.....as defined by Government as the purpose of spending.  All Government Spending is by MMT definition  "new money" spent into the system.  The only qualifier is that the "new money is the same form of currency (non-crypto) as the old money system from which it was "extinguished".  Extinguished because taxes do not pay for government spending in accordance with MMT theory.

Simply spend "new government money spending" using new crypto currency to introduce crypto the system until the entire monetary system is crypto!

JD Alt ---you are a genius!  A true conceptual architect of structurally strong idea design!


Paying for Good Works is a good Idea.  JD Alt is an architect and knows how to do framing!

Couple that with the Medium of Exchange to pay for them is a better idea.

Developing a system that takes those two things and implements a Social System that pays for good works is an excellent idea!

The key to the idea is the most fundamental thing that money as an object “Is” and “Does”.

 Money is a social decision making tool.

The best thing that money can do is “good social things” based on the user’s decisions.  Premised on the idea the nobody decides to do anything with money that does not benefit them, individual or collective owners of money.

Combine the paying for good works as the best thing that a collective society can do and crypto currency then the introduction of crypto currency, the creation and spending of it should be the first thing that crypto currency should do 

As its first use to do something by use to pay for some good works as judged by society.

The root of money, as least at first spending birth becomes good works rather than being introduced as the root of all evil as some see it.

After birth,  like any individual born into society it then has a life of its own that can do anything society defines as either good or evll.  

Money is a social media (medium of exchange) like Face Book is a social media and look how the simple premise of Facebook has developed on the cornerstone of initial creation and first use to do a good thing…then anything else.

A big social media thing has a fundamental seed idea but must grow in a new environment created for it.

The new environment for paying for Good Things is a Crypto Currency system designed to create and introduce currency to initially do Good Thing at first spending into the system.

If you build it they will come and use it.  




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