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Author Topic: Labour-Coin: A Peer-to-Peer Advancing & Trading, Medium of Labour Exchange  (Read 250 times)
Abdun Nur (OP)
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October 27, 2016, 01:01:50 PM
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Wouldn’t it be amazing if the problem of poverty, that’s rooted in the Labour looting of the parasitical elite is solved..

So that poverty was wiped away from the Earth; wars were made impossible without the money monopoly; disease, starvation and corruption become rare and novel events. All it would take is a few moments of your precious time, and the solution can be considered.

People live in poverty because other people, those who have control of resources, prevent them from living any other way, but that situation is only possible because the small number of parasites that hoard resources, do so by dividing people, isolating them, by stripping away all forms of community, without common unity you’re at the mercy of the merciless, the paedophile class of soulless psychopaths that dominate hierarchies. Now if a way is created to form common unity with unrestricted access to resources you remove that block, which is the idea behind the labour coin concept. So turning people from economic slaves existing in the toil of subjugation, into free souls with the ability to at last follow their passions, investing their lives in things they love. The search is on for financial contributions to pay coders, and to find coders to work on the open source, peer to peer platform that would allow people economic freedom, to at last return to common unity, trading through trust, which is earned and developed.

Labour coin is simply a peer to peer software accounting system free of usury, and one that allows advances (loans), it is a true medium of exchange as it holds the original value indefinitely from one trade to the next.

A key pair encrypted within isolated operating system nodes.

Labour-coin allows encrypted trading without external tracking or taxation.
Labour-coin allows international exchange without banking fees, or currency exchange fees.
Labour-coin allows advances of the medium of exchange through a surety peer-to-peer system, without banking monopoly or credit rating.
Labour-coins allow saving without the risk of devaluation due to inflation, or currency manipulations.
Labour-coin encourages and promotes “self-willed” structures of exchange free of usury, and promotes trust so forming a self-antifraud model through bonding.
Labour-coin creates a global trading platform that is equal for all, free of regional suppression or inflation of values of exchange.
Labour-coin allows an advance of labour-coins to be suspended for up to 5 years before repayment begins.
Labour-coin allows escrow within the accounting system to protect both the buyer and the seller.
Labour-coin allows multiple trading platforms free of centralisation or hierarchy, the three C’s –
Community Platform, an individual exchange platform of goods and services comparable to Ebay
Collective Platform, a collective purchase platform removing the middle man system of exchange
Cooperative Platform, for the creation and access of cooperative trading, so removing the corporate system, as well as many other possibilities.

The Concept is developed now coders are required to build the platforms.
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