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Showing content with the highest reputation on 03/15/18 in all areas

  1. Testing it... needs a few more buttons to make it easier to understand and use.
    1 point
  2. Arcurus

    MANNA?

    yes, i agree, that in an system with price inflation people have to argue for higher salaries to get more or less the same while a stable currency or a demurrage based currency prices may stay more stable, therefore employees don't need to argue to get inflation increase of their salary. To the other part, lower wages must not lead necessarily to less productivity, or higher prices, most likely its the other way round, lower wages would lead to more employment, because less cost and lower prices, because less money too spend (not counting the money inflation itself). What an UBI woul
    1 point
  3. Rik8119

    MANNA?

    Thank you very much for your reply, i also see the effects you describe but i'm really not sure if adding a basicincome (or QE4people) -like many suggest- can do the trick alone. Because if it does i really could save my time and stop working on Solidar and Freicoin, because Manna and Circles are much more popular. My observation regarding inflation is that most people don't want to argue with their employer about a higher wage only on the basis of inflation (because especially in our fiat money system its hard to measure), so demurrage (stable prices) makes it much much harder for
    1 point
  4. Stellar would be an example of such a protocol. However see this paper from IBM's research division about the failings of such proposals: https://arxiv.org/abs/1707.01873
    1 point
  5. Arcurus

    MANNA?

    Hi Rik, to inflation vs demurrage and the above article. What is currently happening / not happening in the system like wage increases cannot be compared to a system which distributes the newly generated money directly to the people. I'm not so much talking about basic income, im talking about fair access to money. Currently the newly generated fiat money accumulates with few people because it is generated by giving out loans and by directly buying stocks and properties. But simply giving out new loans does not increase the need for new products, because the money go
    1 point
  6. Rik8119

    MANNA?

    As you can see here: https://www.marketwatch.com/story/turns-out-the-great-inflation-scare-of-2018-didnt-happen-wages-still-not-rising-rapidly-2018-03-09 Inflation does not lead to higher wages. That means the prices rises but wages don't. The incentive to work will be even lower than in our fiat money system. Manna and circles will both create <1% super rich (early adopters) and a very small middle class, that will work for the rich. And the rest will live on basicincome. What will only be sufficient enough to provide the basic needs. The "dirty" and hard work would be done by those t
    1 point
  7. Hi everybody, i made a small app where you can check the prices of the different coins. Sourcecode is not online yet. But i will post as soon as possible. Rik FXchecker[1].apk
    1 point
  8. Rik8119

    MANNA?

    Yes, they have a nice concept. But as i mentioned i am not convinced that it is adorable, since they use inflationary money with some of the same problems we have in our modern money system. Inflation still justify interest what will still concentrate money. Though it is a little harder to concentrate money (the decades until the total collapse (like in the 1920s and nowadays) could increase. The problem will stay the same. Inflation will create ever growing prices and makes it impossible to track if a product is costing more than the UBI inflation or not. That alone makes it easy to mani
    1 point
  9. Arcurus

    MANNA?

    By the way Bick, we have allready a Manna forum since long time here, the name is just outdated (Manna was formerly Grantcoin)
    1 point
  10. Arcurus

    MANNA?

    i guess manna will reach this year already 100.000 people if they manage to scale up to the demand. Only thing i worry about is, that they have a similar problem like we have with with the Freicoin Foundation. Currently their Foundation holds a big part of the available manna (true market cap must be so 100 million already). Also the current manna wallets are on a centralized server. both could be hacked.... Of course with one exchange currently its easy to make the hack undone, but would destroy some trust...
    1 point
  11. Arcurus

    MANNA?

    Fedde said he wants to add Manna... I like manna very very much. Currently They are the leading basic income currency. I hope that Fedde will add Manna soon, i think Manna is very promising, except we finally manage to start our basic income project Manna currently has only one exchange, if we add Manna now we could make freiexchange to the most liquid manna exchange! All the good, Martin P.s.: Im in contact with some of them, and they seem to be very nice and welcoming! Disclaimer, im for sure invested currently in Manna
    1 point
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