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People Are the Real Money - Frederick Malouf (Timebeats Global)
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People Are the Real Money - Frederick Malouf (Timebeats Global)

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What is the Endgame of Bitcoin? People are the Real Money. Presentation by Frederick Malouf, who shows how Bitcoin can lead the shift from a money status to a quality status economy. …

What is the Endgame of Bitcoin? People are the Real Money. Presentation by Frederick Malouf, who shows how Bitcoin can lead the shift from a money status to a quality status economy.

Published in: Economy & Finance, Technology
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  • 1. © 2014 FREDERICK MALOUF | TIMEBEATS GLOBAL - ALL RIGHTS RESERVED CC BY-NC-SA www.creativecommons.org/licenses/by-nc-sa/3.0/ PEOPLE ARE THE REAL MONEY how Bitcoin can lead the shift … … from a money status to a quality status economy
  • 2. © 2014 FREDERICK MALOUF | TIMEBEATS GLOBAL - ALL RIGHTS RESERVED CC BY-NC-SA www.creativecommons.org/licenses/by-nc-sa/3.0/ MONEY IS A DIRTY WORD money = scarcity costs nothing to create, yet costs you to use creates nothing in itself centralised distribution - promoting hierarchical governance ! price limits quality
  • 3. © 2014 FREDERICK MALOUF | TIMEBEATS GLOBAL - ALL RIGHTS RESERVED CC BY-NC-SA www.creativecommons.org/licenses/by-nc-sa/3.0/ PEOPLE ARE LIMITLESS people = abundant creativity collaborative capacity is limitless ! want to love and be loved create and be valued for our creation always want to learn, educate, and innovate
  • 4. © 2014 FREDERICK MALOUF | TIMEBEATS GLOBAL - ALL RIGHTS RESERVED CC BY-NC-SA www.creativecommons.org/licenses/by-nc-sa/3.0/ THE MONEY GAME the games money puts us through are incredible ‘if only we had the money ….’ ! idea.people.money = products.money ! money does not promote a quality sustainable economy it is designed to own your creativity
  • 5. © 2014 FREDERICK MALOUF | TIMEBEATS GLOBAL - ALL RIGHTS RESERVED CC BY-NC-SA www.creativecommons.org/licenses/by-nc-sa/3.0/ THE PEOPLE GAME if we took money out of the equation, what would happen ‘if only we had the people ….’ ! idea.people = products ! people are incredibly adaptable, unlimited, and trusting an exchange model has to support these basic facts
  • 6. © 2014 FREDERICK MALOUF | TIMEBEATS GLOBAL - ALL RIGHTS RESERVED CC BY-NC-SA www.creativecommons.org/licenses/by-nc-sa/3.0/ MONEY v QUALITY (PEOPLE) the collaborative capacity of money is limiting the collaborative capacity of people is limitless ! try this | whenever you say a sentence with the word ‘money’ … change the word ‘money’ to ‘people’ ! how does this shift the meaning of what you want to do, 
 how you will do it, and why?
  • 7. © 2014 FREDERICK MALOUF | TIMEBEATS GLOBAL - ALL RIGHTS RESERVED CC BY-NC-SA www.creativecommons.org/licenses/by-nc-sa/3.0/ CAN CURRENCY PROMOTE … perpetual sustainability greatest quality localised production diversifying culture respecting people’s time good stories ! people learning, doing, sharing, what they want, when they want?
  • 8. © 2014 FREDERICK MALOUF | TIMEBEATS GLOBAL - ALL RIGHTS RESERVED CC BY-NC-SA www.creativecommons.org/licenses/by-nc-sa/3.0/ THE BIG B : BITCOIN incentivised to invest in infrastructure and be rewarded totally decentralised competitive peer-based banking 21million BTC limiting release by or before 2140 no fractional reserve lending ! can it be the sole solution for a global economy? +
  • 9. © 2014 FREDERICK MALOUF | TIMEBEATS GLOBAL - ALL RIGHTS RESERVED CC BY-NC-SA www.creativecommons.org/licenses/by-nc-sa/3.0/ THE BIG B : BITCOIN infinite number of C-currencies possible still emphasises accumulation of money as status and power does not perpetuate sustainable production not secure or politically protected ! all currencies have the potential to be owned therefore, they can own you –
  • 10. © 2014 FREDERICK MALOUF | TIMEBEATS GLOBAL - ALL RIGHTS RESERVED CC BY-NC-SA www.creativecommons.org/licenses/by-nc-sa/3.0/ C CURRENCIES Bitcoin BTCs - 21million Litecoin LTCs - 84million Ripples XRPs - 100billion ! follows the same mining curve as gold or oil money is still being created out of nothing maintains money as a measure of status still promotes currency being owned – x
  • 11. © 2014 FREDERICK MALOUF | TIMEBEATS GLOBAL - ALL RIGHTS RESERVED CC BY-NC-SA www.creativecommons.org/licenses/by-nc-sa/3.0/ IF WE ALL USED CURRENCY … takes out any idea of owning money completely we would be fighting for price in a limited pool of money ! how would we differentiate ourselves from others for people to buy from us, securing our quality of life? ①
  • 12. © 2014 FREDERICK MALOUF | TIMEBEATS GLOBAL - ALL RIGHTS RESERVED CC BY-NC-SA www.creativecommons.org/licenses/by-nc-sa/3.0/ THE BIG Q : QUALITY :) money is only as good as what it can buy it is meaningless without our will to create the owners of money know this ! quality doesn’t have a price!
  • 13. © 2014 FREDERICK MALOUF | TIMEBEATS GLOBAL - ALL RIGHTS RESERVED CC BY-NC-SA www.creativecommons.org/licenses/by-nc-sa/3.0/ THE BITCOIN ENDGAME! BTCs will be infinitely divisible to buy increased number of trades, forcing lower pricing for higher quality goods and services therefore, price becomes meaningless ! quality is the true wealth, the true value in experiencing life in the most immeasurable way possible to achieve this is priceless
  • 14. © 2014 FREDERICK MALOUF | TIMEBEATS GLOBAL - ALL RIGHTS RESERVED CC BY-NC-SA www.creativecommons.org/licenses/by-nc-sa/3.0/ THE QUALITY STATUS ECONOMY people are the core of a quality focused reputation gift economy resources are scarce, but what we can do with them is limitless focuses on perpetual sustainability. anything else is a waste of time is completely scalable - competitive to the debt money model ! what you do with your time is the most valuable thing you can do anything that controls this limits your participation in experiences we already value quality, but without money, there are no limits
  • 15. © 2014 FREDERICK MALOUF | TIMEBEATS GLOBAL - ALL RIGHTS RESERVED CC BY-NC-SA www.creativecommons.org/licenses/by-nc-sa/3.0/ THE QSE ENDGAME identity | self and community working together with their best ideas
 economical | giving innovators full reign to create their highest brilliance, collaborating and sharing knowledge to build the highest quality products with minimal resources in the shortest time
 social | collaborating to create local cultural diversifying foundations
 political | transparent peer consensus democracy
 environmental | promotes perpetual sustainability as a default ! forecast: for everyone to experience as much of life in the time we are alive, and making these experiences possible for others
  • 16. © 2014 FREDERICK MALOUF | TIMEBEATS GLOBAL - ALL RIGHTS RESERVED CC BY-NC-SA www.creativecommons.org/licenses/by-nc-sa/3.0/ WHY THE QSE WORKS follows basic tenets of human nature - we want to trust first extends reputation gift economies, using quality as the driver builds foundation to be educated in anything you choose, at will cuts through crowdfinding straight to crowdsourcing paradigms maintains an entrepreneur focus, with the reward being fame ! everyone will benefit from moving to a quality economy, the most wealthy, most innovative, most powerful
  • 17. © 2014 FREDERICK MALOUF | TIMEBEATS GLOBAL - ALL RIGHTS RESERVED CC BY-NC-SA www.creativecommons.org/licenses/by-nc-sa/3.0/ ABUNDANCE DAYS we live in abundance, so lets show that off! make any project possible by having people give their time 
 and resources for free, in return receiving accreditation 
 in participating in fulfilling a project that has meaning 
 for all involved ! feel free to contact me for more information and register your interest in being part of the team to put this together
  • 18. © 2014 FREDERICK MALOUF | TIMEBEATS GLOBAL - ALL RIGHTS RESERVED CC BY-NC-SA www.creativecommons.org/licenses/by-nc-sa/3.0/ people have a lot more to give you than money ever will :)
  • 19. © 2014 FREDERICK MALOUF | TIMEBEATS GLOBAL - ALL RIGHTS RESERVED CC BY-NC-SA www.creativecommons.org/licenses/by-nc-sa/3.0/ ! … for gifting me your time :) ! ! Frederick Malouf timebeatsglobal abundancedays THANK YOU VERY MUCH …

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