The document discusses problems with the current monetary system and proposes a shift to a "quality status economy" focused on people rather than money. It argues that people are limitless in their creativity and collaborative abilities, unlike money which is scarce and limits quality. A quality status economy would value reputation and contributions of skills/time over monetary wealth or status. Bitcoin and cryptocurrencies could help this transition but still emphasize accumulation of money rather than sustainable production and quality. The proposed model is based on abundance and gifting of skills/time for projects rather than monetary exchange.

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 …