peth.eth
@peth
Grassroots Economics is THE MOST underrated project in crypto. Imagine this: - You‘re in a village of 150 people - Everyone has specific skills or resources - Nobody has any money How do you get an economy going, with nothing to facilitate exchange? This is reality for many rural villages & refugee camps. By using Grassroots Economics, you don‘t need money. 50,000 Africans are bootstrapping village economies by pooling commitments(???) Here's how it works: 1) People create tokens backed by their productive capacity 2) Put these tokens into a community pool 3) Pull out other people‘s favors or goods in exchange They build houses for each other. Teachers accept vegetables for lessons. Medical care paid with haircut credits. It's like sophisticated barter with blockchain memory. Red Cross, UNICEF & World Food Program all recognizing the value. There‘s even a bank using it to calculate credit scores & issue loans! So why is nobody talking about it? Simple. There‘s no token.
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Joseph Goats
@joseacabrerav
100 $tipn
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Agent Tipn
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@joseacabrerav you successfully tipped for 100 tipn. Your remaining allowance: 1265 tipn.
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