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Abstract This paper explains how to combine the burgeoning phenoms of
Read on and discern how Sharing 'levels up' from B2B to B4B. See how the adolescence of profiteering matures into an altruistic mesh of contract Providers utilizing reputation scoring, Open Source and Open Ledger technology to balance the scales of today's lopsided, even corrupted, economies. Background Bitcoins revolutionary block chain created the first digital currency of open ledger and revitalized banking. But it also revolutionized the logistics of supply tracking and created a new class of digital securities. Basically, Bitcoin reinvented the wheel of commerce. It's kind of a big deal. But, to the chagrin and disgust of many following block chain from the beginning, the Icon of decentralization became plagued by a legion of Centralized Exchanges designed by opportunists seeking control over the finances of the first adopters/followers of the Bitcoin phenomena, Ironic, right? The Great Experiment To fully appreciate blockchain one has to understand the power struggle between Centralized and Decentralized systems of management. Whether one feels free 'to pursue happiness' can be an indicator on whether their society successfully decentralizes. The current movement initiated by Bitcoin is act two of 'The Great Experiment' that was the American Revolution for liberty. Act one was purposed to entitle a new nation where each is king of their own castle, their home. That new country needed a new code and constitution for equality to brake the yoke of feudalism and prevent it from recurring. This first ever Decentralized society secured for its citizens their right to pursue happiness in their own way. Doctrine that was actually adopted from the indigenous Iroquois League of (Indian) nations. Pursuit of Happiness Decentralization is important to the pursuit of happiness because it insulates one from the corruption of outside influences and collusion. When we feel coerced or manipulated and therefore dis-enfranchised from lack of liberty it prevents the wanting 'to dance like no one's watching' that is imperative to ingenuity. After all, had Franklin been forced not to fly his kite, or Volta not to touch his tongue to his batteries, for how dangerous these acts may seem or worse, because those telling them wanted some control over the situation; in just that one industry we would have adversely effected the timing and advancements the whole world has collectively gained. The implied right of privacy in Decentralized governing as pertains to freedom (from scrutiny) is paramount to liberty (government scrutiny), so, in The Great Experiment, our private pursuits, endeavors, creations are protected by constitution, patents, copy rights etc. New measure Now is a time that a coin likened to Bitcoin may take up the path from where bitcoin veered into securities. A coin, not a security, for a growing network of decentralizing industries. In fact, let us not call it a coin or currency, but a Unit acting as a barometer of participation for reputation; rather than an accounting of revenue for profit. One by which users garner benefit just for participating. This new measure could determine wealth as ones' ability and willingness to be involved, productive and committed to a more broad and socially conscious purpose. This new measure would tally B4B donations (not B2B sales) and recognize a more accurate value of a user than just by riches accumulated. This new measure could calculate value commiserate with a star system of reputation, rather than a numbered system of bank accounts and make obsolete such antiquated behemoths as Equifax and TRW to liberate users from such vulnerable and centralized processes, congruent only to lending, not Sharing. Put into play Introduced to the multi-billion USD Barter Industry, this Unit could eliminate transaction fees of over 12% (think RobinHood.com) and in the process break down the walls between competing barter networks with just one map of Users while eliminating abusive practices of central offices keeping 'managed' or hidden accounts from members to essentially printing unlimited funds for themselves which dilute their own markets value. Following Barter, this Unit could assimilate Disruptives like; Uber, Lyft, AirBnB, VRBO... which provide high liquidity to current barter networks. Disruptives on the other hand would recapture up to 50% of their sales from platforms fees while they:
This last benefit of, 'Promoting the burgeoning Contract Labor Industry,' opens Pandora's Box where B4B bridges the last mile of Social Economics by creating a collective force from existing retail Member Rewards Programs (MRP) to go head to head with the likes of Amazon and Alibaba. Organizing and deploying members of MRPs, to deliver products of multiple retailers will attack the sovereignty of big boxes that have cleverly taken advantage of coved19 shut downs, whether they be big banks forcing loans on small business or big boxes having the only entitlement to remain open during crisis'. This is just a repeat of the 2007 bank crash when big banks gobbled up little ones or forced them out of business for wholesale collection of customers. Cultural shift enabled this bridge over the last mile "Click n Accept Culture" has retooled the scruples of users when strangers rent a room, catch a ride etc. without compunction over it not being an established business. Even when faced with the miss-information that 'your personal information will never be openly stored, shared, rented or sold without your permission,' the public continues to log on and connect. This bad habit can be used to grow a new system that reforms a good habit to check the balance of mega-business by scaling the weight of the public. For example: Ace Hardware has a policy to deliver additional paint to the home of a customer who finds they didn't buy enough after they started painting. In the B4B dynamic, additional paint can be delivered by an Ace Rewards member in the vicinity and Ace could Pay or Perk that Reward Member(at this time they give cash).
Genesis As a liquidator of luxury hotels I purchased furniture, fixtures and equipment then sold or donated it or trade them on barter networks charging over 12% cash per transaction. In 2010 a lady told me of a new thing her son was doing - mining Bitcoin. The closest café trading for Bitcoin at the time was 3000 miles away, so not that liquid, but... The 12% cash fee for bartering had met its silver bullet! I began studying decentralizing with block chain utilizing Bitcoin (at the time the only cryptocurrency) and compelling advantages for barterers surfaced
Earlier, in 2007, while researching my idea on cooperative development utilizing public participation, I Copy Righted a paper on how to fund production of film through public votes a precursor to crowd finding. This was well received and I was asked by a major management company in Los Angeles to 'Pitch' my production. Shortly after this, the first equity crowd fund platform launched and eventually this method in raising funds became the modus operandi of the cryptocurrency ICO. Moving ahead a few years, AirBnB and Uber were Disrupting established markets and adopting the title of Share Business to soften their image when key points came to mind...
2nd epiphany: Share and Barter are each other's missing link! The mechanics are proven and liquidity develops with each new Provider having instant access to all Providers with simple adoption of one coin that doesn't need to be purchased in advance to fund this new economic. In fact, it is a patently new type of economic. In action this Unit will:
These adaptations are a short hop for providers:
This Unit will develop and stimulate growth with:
The platform will grow in phases:
This will be a membership based platform/economy/society with a directive to promote Decentralization. We will support, fund and seek to do business with opportunities of a decentralized nature. We will maintain wallets with each of the cryptocurrencies on our exchange and listed cryptocurrencies will be in accordance to their purpose and benefit to Decentralization. Our mission, in part, will be to fund and help develop opportunities in support of Decentralizaion and design our growth toward open sourcing research and exploration. The Unit is not a security or currency, but more likened to a gift card which may be completely spent in the Shared Pool of goods and services of Member Providers. Pulling from the Shared Pool of goods is not necessarily Pulling an entitled or equal amount by FIAT rates in denomination equal to what your product may sell for in FIAT money. In fact, donors can not expect a return at all; not even in the form of a write off, charge off or Charitable Receipt to be used in balancing profit with any other FIAT currency. ALL DONATIONS ARE COMPLETELY SPENT WITHIN B4B ECONOMY OF SHARE THAT IS COMPLETELY A DONATION BASED PLATFORM. The eBitome Unit will not be designed for use in any purpose other than as divisor to a Quotient of Reputation via such dividends as, but not limited to: ability, willingness, regularity, ingenuity, initiative, responsibility and participation in the Donation and/or Share of goods and services with fellow members. eBitome will accept support in the form of cryptocurrencies traded at par (1Unit for 1coin) as found on our list for exchange. This means that a coin trading for .03 will get the same Unit as the coin trading at 3. A trade for Units of eBitome support the building of this decentralized platform and have no redemptive value aside from that value Shared of members willing to accept your request(s). We are pleased and impressed by your participation and look forward to contributing to the promise of peace from liberty through privacy and decentralization for all. eBitome It Pays to Share
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