[ANN] [BARAK] Occupy Banks Coins (Israel)

[NILIcoin]

BARAK COIN


 of
 OCCUPY BANKS COINS

OCCUPY BANKS COINS is an alternative credit system in which individuals and organizations can issue coins created as self-credit to support their activity.

While regular banks hold a monopoly on credit production, given to them by the power of our states,
the OCCUPY BANKS COINS is going to be the first bank of its kind to issue self-credit, employ free market mechanism built on opens-source code, make loans free of interest charge, and run as a decentralized organisation

The goal of OCCUPY BANKS COINS is to provide self-credit issuers, with coin services and management, and  become the social network which back these coins. Also to serve as a live functioning model of an alternative to the abusive bank system practices.

The first coin BARAK COIN is issued to credit the activists participating in the activities initiated by Barak Cohen. Barak is an Israeli lawyer and a hard line activist in the 'Occupy' ecosystem. He lead the foundation of an activist group which targeting  major banks CEOs, challenging them to take personal responsibility on behalf of the injustice caused under their leadership by their bank's actions.
 

The controversial actions got the attention of the media and eventually the shareholders who just recently filed a lawsuit against the Leumi Bank and it's directors .  
http://www.forbes.com/sites/robertwood/2014/12/29/in-400m-bank-leumi-tax-evasion-settlement-who-was-willful/
 http://www.reuters.com/article/2015/01/25/us-bank-leumi-lawsuit-idUSKBN0KY0IH20150125

The group https://www.facebook.com/fightbank?pnref=story which have been very active and effective in the past few months has launched a crowed funding campaign on the Israeli crowed funding platform, Mimoona https://www.mimoona.co.il/Projects/2583

The BARAK COIN campaign is going to tie directly into the fundraising campaign as well as to the activists actions.
The coin will be the first use case demonstrating a direct link between services rendered and a currency which represent the community interest.
As describe below, all coins will get into circulation only as a payment on work, services or products which benefit the Coin-community's goals.

IMPLEMENTATION STEPS OF BARAK COIN

A chosen board of trustee will hold a multisig wallet of the coins. All coins will enter the market only as a reword payed on investment into the" occupy" ecosystem:

1 Fiat donations through the crowed funding channel of Mimoona will be reworded with BARAK COIN.
2 Activists will be reworded on their activity with  BARAK COIN.
3 Any direct product donations will be reworded with  BARAK COIN.
4 Anyone working with in the ecosystem, in marketing and implantation will be reworded in  BARAK COIN.

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[cryptowest]

>series





Edit: Oh well, at least its not another volume draining ICO.

[majeis]

You must be really bored with all these low-quality releases.

[jorneyflair]

Its time for training yiddish?

[Equate]

what language is it ? or another IPO in foreign language

[nonlinearboy]

the image can be more clear or professional ?
dev~

[tlackyang]

dev, what time the official launch, set the countdown and update detailed information, thank you!

[NILIcoin]

http://www.reuters.com/article/2015/01/25/us-bank-leumi-lawsuit-idUSKBN0KY0IH20150125
Now is the time to start creating an alternative. Banks are loosing trust of shareholders. and a crypto-currency alternative will be the answer. This coin and the action behind it ties the two together.

[NILIcoin]

dev, what time the official launch, set the countdown and update detailed information, thank you!

The time will be set soon, now that the lawsuit is shaping up. and election time in Israel is coinciding... will be very interesting..... (will announce the time within a week)
 

[MickGhee]

i support anything for Israel !


ill consider supporting you my mitzvah for the week

YAY!

[ValleyOfTheWolves]

occupy?  thats the speciality of israel occupying like Palestinian territories.

[Yuzu]

What happened to Coca-Cola coin and Disney Coin?

[Atomicat]

What happened to Coca-Cola coin and Disney Coin?

I know eh!  Need more material!  I'm almost finished my paper on narcissistic personality disorder, just need some key quotes for the summation.  Something about the reincarnation of Picasso would be perfect.

[NILIcoin]

What happened to Coca-Cola coin and Disney Coin?

Both are very much alive and well, Actually following the show in NYC I was asked to join and help develop the scheme for a platform that will serve to unify coupons gift-cards and such, into a brand currency. It is not meant to be decentralized platform or open source. How ever it is shaping to be very close to the first stage which will enable self credit in a form of a currency the way I demonstrated with my coins. It is a real link to make the future real Coca-coal coin.
 My Coins are going to get their artistic value eventually. Real value is a thing that developed as one demonstrate the ability to produce something to back the coin. Pump and damp can not sustain itself without substance. I concentrate on creating the substance that I can produce.

The Occupy coin was created to back the substance created by the activity of  raising awareness to banking system methods of abuse and fight them. It is made to be used as self credit for activists. It is still just an idea in development and the coins will not become live unless the project is able to take off.

[NILIcoin]

occupy?  thats the speciality of israel occupying like Palestinian territories.

When currency is tied to nationality thus territory,  occupying become nasty . When currency will become the choice of the individual, occupation will be nothing but a transient state describing the moment, while homes and land will be a natural right of every living being.

[najzenmajsen]

is this associated with occupy.net ?

[NILIcoin]

is this associated with occupy.net ?

Not yet, But is is a great idea to offer that as a model in there. thanks.
I need to work out a few more details of operating it. keeping in mind that the aim is to provide activist money which they can use in the grocery and to pay rent. There are a few ways to go about it. The platform of occupy.net is calling for a more global approach, while the one I was thinking of was more localized.

[jason miner]

What happened to Coca-Cola coin and Disney Coin?

dev is too busy managing multiple coins at the same time

[NILIcoin]

What happened to Coca-Cola coin and Disney Coin?

dev is too busy managing multiple coins at the same time

Indeed. since all my developments are monetary models developments, It is about using the beautiful tools so many talented developers are creating and apply them to our social and economic structure.

Since the scope of such change is much to great for most to participate in at that early stage, or even to simply comprehend it, I came to a conclusion that  the approach of "build it and they will come" is the best. But having no "corn field" at my disposal other then my time and conviction, I started by making the coins, explaining them and working on creating the real substance that will give it its real value. This last part of value means producing a product, goods or services, that have a market and is for sell using these coins.

Since all these products need to be legal and need a market, it cant be created over night, and is not made to be pumped and dumped.
My art coins like the Coca-Cola Coin and the Disney coins are created to illustrate the idea as a whole while eventually built up an art related value. The Occupy Banks Coins are coins made to serve as self-credit for activists, and the community participation is essential in order to built that value. Since I am well familiar and been involve with the local activists community as well as the local bitcoin community. I may have the  tools and connection to make that a live and functioning coin. and I intend to try and do that .

But as I said,  there are opportunities opened up to take my brand's currency ideas to the next level , So yes Im busy trying to get that materializing. Only Once I will have the capacity to move this BARAK Coin forward in the local community, it will go on the air. I estimate that it can happened with in the next few months. Since there is very low risk involved in such social centered coin, not big law issues have to be resolved and no big money need to be invested.

And though brand currency should in the long run solve all the banking system abusive practices, it will be very useful to built  strong civil powers to create a real viable sustainable currency market.

[bitcoin revo]

Why the hell are you launching all these coins? 
It's getting pretty ridiculous.

[NILIcoin]

Why the hell are you launching all these coins? 
It's getting pretty ridiculous.

It is rather for haven sake.
 And because the future of currency and freedom is based on the ease of making currency and the highway for versatility.
Also because so few understand these new currency not only as new Technologies but as very different monetary models, each utilizing different strength of different industry or community . If I was only talking about it not making it, I would still be talking to myself mostly. This way some is getting attention and is being understood. and I get to learn much more by actualy making it. So it all good, keep up your engagement and never underestimate this which you may consider ridicules at first.

[Yuzu]

I really don't understand why you don't concentrate on doing ONE thing, and doing it well, and working hard to make it a success.  Castles in the air mean nothing, you need to build a foundation beneath.  All you're doing now is throwing out ideas without substance.  You can't expect anyone to take you seriously unless you're willing to do a little more than draw pictures of Barak Cohen (is he your husband???) and copy the Coca-Cola logo.  

[NILIcoin]

I really don't understand why you don't concentrate on doing ONE thing, and doing it well, and working hard to make it a success.  Castles in the air mean nothing, you need to build a foundation beneath.  All you're doing now is throwing out ideas without substance.  You can't expect anyone to take you seriously unless you're willing to do a little more than draw pictures of Barak Cohen (is he your husband???) and copy the Coca-Cola logo.  

The main thing that I try to do is to show  the way for a multi-curernccy system to evolve form a national currency monopoly that is near a catastrophic failure. If I was an established decorated economist I would make a presentation and go around many respected institutes to make my words heard. Im sure the you and many others will consider that as one serious project . And I could be payed handsomely for doing that. But having no such certificates I have no stage or ordinance attention to my presentation. So first of all I use that forum as such stage. Making my coins.  A presentation as a goal is as important as  to create one coin for people tot invest their money in it. For the presentation I had to create more then one coin formalized its monetary model and create a working model, I have done this fully with my Coca-Cola Coin and Disney Coin. with both I created the coins and the products to buy using the coin according to the monetary model it present.   The Apple Coin and Ebay  Coins are at the stage in which the model has been formulated but I have not spent the time to create or even figure out the way to  create a real art product to execute the model. At this point I see a priority in expending the presentation into a detail demonstration of several very different models. Barak Coin unlike the other mentioned above , is based on a social agenda and is design to draw its value from a social network rather then built on manufacturer and draw value directly from products.

Mean while Im also taking my Brand currency idea further and actualy building the bridge for brands to create a functioning legal form of self-credit. On this project I am working together with another person who'm i reached by doing this work here. A presentation of the platform will be given in the Bitcoin Center In NYC in the beginning of march, And I am actualy on my way back to NYC in order to push this further.

any way  I appreciate that you keep following my work and take the effort to respond and make your point.

[Atomicat]

I really don't understand why you don't concentrate on doing ONE thing, and doing it well, and working hard to make it a success.  Castles in the air mean nothing, you need to build a foundation beneath.  All you're doing now is throwing out ideas without substance.  You can't expect anyone to take you seriously unless you're willing to do a little more than draw pictures of Barak Cohen (is he your husband???) and copy the Coca-Cola logo.  

The main thing that I try to do is to show  the way for a multi-curernccy system to evolve form a national currency monopoly that is near a catastrophic failure.

But you don't show, you just toss out vague concepts and buzz-words.  I'm also pretty sure that most people here have a pretty clear idea as to how this happened.

If I was an established decorated economist I would make a presentation and go around many respected institutes to make my words heard. Im sure the you and many others will consider that as one serious project . And I could be payed handsomely for doing that. But having no such certificates I have no stage or ordinance attention to my presentation.

If you were an established decorated economist you would have gone through years of rigorous training and had to do a ton of work to prove that you have a broad and superior understanding of economics, one worth listening to.  You would also have had to make many presentations where your ideas were outlined and clearly understood by your audience.  You have done none of this.

A presentation as a goal is as important as  to create one coin for people tot invest their money in it. For the presentation I had to create more then one coin formalized its monetary model and create a working model, I have done this fully with my Coca-Cola Coin and Disney Coin. with both I created the coins and the products to buy using the coin according to the monetary model it present.

Have you?  All we've seen is some wrinkled up Coca-Cola image that looks like it was printed on a papadum.  As to the model and concept, I don't think anyone could figure out what it was.

The Apple Coin and Ebay  Coins are at the stage in which the model has been formulated but I have not spent the time to create or even figure out the way to  create a real art product to execute the model.

Why not?   It's been half a year, more!  I learned Autocad Lisp and wrote a custom industrial app in less time.  I learned 6811 machine language in less time.  In six months I will have been out in the field 5-6 days a week, for 4-8 hours, at 4:00 am till noon, and will have taken a hundred thousand pictures.  It's called work.  You can't create by just "conceptualizing" which is why "concept" art will never be real, because it's never executed and turned into reality.

Just plain lazy.

[MickGhee]

I really don't understand why you don't concentrate on doing ONE thing, and doing it well, and working hard to make it a success.  Castles in the air mean nothing, you need to build a foundation beneath.  All you're doing now is throwing out ideas without substance.  You can't expect anyone to take you seriously unless you're willing to do a little more than draw pictures of Barak Cohen (is he your husband???) and copy the Coca-Cola logo.  

The main thing that I try to do is to show  the way for a multi-curernccy system to evolve form a national currency monopoly that is near a catastrophic failure.

But you don't show, you just toss out vague concepts and buzz-words.  I'm also pretty sure that most people here have a pretty clear idea as to how this happened.

If I was an established decorated economist I would make a presentation and go around many respected institutes to make my words heard. Im sure the you and many others will consider that as one serious project . And I could be payed handsomely for doing that. But having no such certificates I have no stage or ordinance attention to my presentation.

If you were an established decorated economist you would have gone through years of rigorous training and had to do a ton of work to prove that you have a broad and superior understanding of economics, one worth listening to.  You would also have had to make many presentations where your ideas were outlined and clearly understood by your audience.  You have done none of this.

A presentation as a goal is as important as  to create one coin for people tot invest their money in it. For the presentation I had to create more then one coin formalized its monetary model and create a working model, I have done this fully with my Coca-Cola Coin and Disney Coin. with both I created the coins and the products to buy using the coin according to the monetary model it present.

Have you?  All we've seen is some wrinkled up Coca-Cola image that looks like it was printed on a papadum.  As to the model and concept, I don't think anyone could figure out what it was.

The Apple Coin and Ebay  Coins are at the stage in which the model has been formulated but I have not spent the time to create or even figure out the way to  create a real art product to execute the model.

Why not?   It's been half a year, more!  I learned Autocad Lisp and wrote a custom industrial app in less time.  I learned 6811 machine language in less time.  In six months I will have been out in the field 5-6 days a week, for 4-8 hours, at 4:00 am till noon, and will have taken a hundred thousand pictures.  It's called work.  You can't create by just "conceptualizing" which is why "concept" art will never be real, because it's never executed and turned into reality.

Just plain lazy.

DAMM SON!
U just got served

[NILIcoin]

 Barak is an Israeli lawyer and a hard line activist in the 'Occupy' ecosystem. He lead the creation םכ an activist group which is targeting major banks CEOs, challenging them to take personal responsibility on behalf of the injustice caused under their leadership by their bank's actions.

 The controversial actions got the attention of the media and eventually the shareholders who just recently filed a lawsuit against the Leumi Bank and it's directors .  
http://www.forbes.com/sites/robertwood/2014/12/29/in-400m-bank-leumi-tax-evasion-settlement-who-was-willful/
 http://www.reuters.com/article/2015/01/25/us-bank-leumi-lawsuit-idUSKBN0KY0IH20150125

The group https://www.facebook.com/fightbank?pnref=story which have been very active and effective in the past few months has launched a crowed funding campaign on the Israeli crowed funding platform, Mimoona https://www.mimoona.co.il/Projects/2583

The BARAK COIN campaign is going to tie directly into the fundraising campaign as well as to the activists actions.
The coin will be the first use case demonstrating a direct link between services rendered and a currency which represent the community interest.
As describe below, all coins will get into circulation only as a payment on work, services or products which benefit the Coin-community's goals.

IMPLEMENTATION STEPS OF BARAK COIN

A chosen board of trustee will hold a multisig wallet of the coins. All coins will enter the market only as a reword payed on investment into the" occupy" ecosystem:

1 Fiat donations through the crowed funding channel of Mimoona will be reworded with BARAK COIN.
2 Activists will be reworded on their activity with  BARAK COIN.
3 Any direct product donations will be reworded with  BARAK COIN.
4 Anyone working with in the ecosystem, in marketing and implantation will be reworded in  BARAK COIN.

]







 
      

 

[NILIcoin]

Google removed the  webpage from search after a court order. This article in a major Hebrew newspaper  bring the story http://www.haaretz.co.il/captain/net/1.2728448
This is after Facebook closed the page of the same group of activis a few weeks ago.

The group is called "Coming To The Bankers" (in Hebrew Baym Labankaym) and all they do is calling bankers "thieves" in public places and near their homes.

Barak Cohen is one of the founders of the group and is the voice all bankers and their supporters fears, fears enough to force Google and facebook to interfere.  . BARAK COIN is created to back the group activity and is schedule to be launch soon after the Jewish holidays.