I learned at a young age through watching Star Trek: The Next Generation, that the "economics of the future are somewhat different" to quote Captain Picard. Earth economy does not function correctly. Central banks have the power to lend money they don't actually possess. Governments have the ability to ...
I learned at a young age through watching Star Trek: The Next Generation, that the "economics of the future are somewhat different" to quote Captain Picard. Earth economy does not function correctly. Central banks have the power to lend money they don't actually possess. Governments have the ability to print money that they do not have. I believe our earthly system of economics is under complete control of the central banks and I do not want to see this happen to Asgardia! If and when SOLAR becomes an internationally recognized currency, it can never be in complete control of our banks or the elites in government. We need to work as a collective and vote on how to best use the funds to advance our nation forward. If we get to a point where we are employed and paid in SOLAR then our SOLAR should be taxed a certain percentage into a pooled account shared by all Asgardians. The government will put forward ideas on how best to allocate funds and the citizens will vote. Each Citizens profile should show how much SOLAR have been contributed to the shared account. No freeloaders! Citizens will not be able to withdraw funds from the collective account, as funds will not be needed by citizens directly. All Asgardians should be able to communicate requests for fund allocation to their representative in government, who will pass on requests to the banks for approval. There could be categories to which funds can be applied ie: Education, Housing, Land or Space Property Acquisition, Health & Welfare, Research & Development, etc and we can all vote on the area we would like the money allocated. All citizens should have the ability to donate through their profile which would be converted from their native form of earth currency to SOLAR. Imagine what we could accomplish if each citizen contributed even $10 dollars a month. At the time I became a citizen there were almost 900,000 citizens. Thats over 100 million dollars to benefit this great cause! Please comment! I would love to have discussions with other citizens about this topic!
Jessy
Yes, I agree the burden should be equal and relative to each citizens Nation of origin. It could be something similar to the way the Mormon church tithe works. In that type of system, each member of the church contributes 10% of their income. 10% I think is too ...
Yes, I agree the burden should be equal and relative to each citizens Nation of origin. It could be something similar to the way the Mormon church tithe works. In that type of system, each member of the church contributes 10% of their income. 10% I think is too high, but if there was a reasonable minimum amount that everyone could afford, I think it would be worth it. People can always donate more than the minimum if they can afford to.
Hello there Jessy,
There are some really interesting points in your post here about how 'money' should be used and appropriated in the future. SOLAR will be a cryptocurrency, so the likelihood is that it will be running on some sort of blockchain technology.
<p ...Hello there Jessy,
There are some really interesting points in your post here about how 'money' should be used and appropriated in the future. SOLAR will be a cryptocurrency, so the likelihood is that it will be running on some sort of blockchain technology.
If this is the case, then it would mean that it is decentralised and that the bank won't have 'direct control' over it.
I like the idea of a society that 'saves money' together in a collective pool - at the moment, tax is voluntary and people simply donate to Asgardia. Once parliament is formed we'll be able to discuss how we actually tax people or businesses and how we put those funds to work.
Generally speaking, it looks like our methods won't be too far from those that you envision.
Maybe it would be a good idea to flesh out your ideas into a report and think about how it might work practically.
The one criticism that I would have about 'sharing the load' is that $10 to us might not be much. But in some countries $10 carries a high value. If people are going to be taxed or if they're going to contribute, then it should be proportionate to their own geographic location and their own means.
For instance - Rather than saying "people should be taxed $120 a year" we should say "people should contribute 0.2% of their income." or something. That way, everyone is shouldering the same burden.