GovCoin: A Sign of Great Things to Come?

Photo by Bermix Studio on Unsplash

Recently, The Economist and other sources reported significant developments toward implementing Copiosis in the United States. And those in government working on it don’t even realize it.

Most people know Bitcoin, the first cryptocurrency, or “digital asset.” Since Bitcoin’s development in 2009, hundreds of similar cryptocurrencies exist. Digital exchanges such as Bittrex and Coinbase offer the public investment opportunities in these assets.

But what are cryptocurrencies?

Economists disagree on whether or not cryptocurrencies represent legitimate currency. Gold doesn’t back them. Nor does any government. Currencies come from centralized functions, crypto does not.

Decentralization and peer-to-peer transactions inherent in crypto inspired their creation. So it’s clear, at least to us, that digital currencies represent, at best, a hybrid currency.

In 2011, a piece in Forbes magazine called Bitcoin a digital replacement for state-backed currency. This replacement offers many benefits. Virtually impossible to forge, good anywhere in the world and stored on one’s computer as opposed to a bank, these currencies apparently excel over status quo options.

But there are downsides: Bitcoin’s anonymity also attracts hackers, extortionists and other cyber-criminals. Crypto prices fluctuate wildly, which can be good and bad. Writing on Medium.com recently, business consultant Salman Hasan points out:

“[Bitcoin’s] success is quite flimsy — as a single tweet from Elon Musk drove down its value by 17%.”

– Business Consultant Salman Hasan

Aside from that, cryptocurrency can also be lost, stolen and taxed — just like physical money.

Enter GovCoin

A government-backed digital currency could reverse cryptocurrencies’ trend toward economic decentralization. That could re-impose government control over this new currency. Other financial experts say digital currency will kill retail banking.

Is that good or bad?

If or when banks become obsolete, government would be the only source of credit. Digital entrepreneurs will likely fill that gap (not unlike today’s “payday lenders”). So might criminal outfits. Commerce might get easier though and banking fees and banking-related identity fraud could stop too.

No one really knows whether government digicoins represent a good thing or not. But many things started this way. Including the internet.

Exciting Possibilities!

Time will tell whether these gov-backed coins will create good or harm.

Meanwhile, a new technology, holochain, could disrupt many blockchain-tech-based coins into extinction. Among other advantages, holochain gives people more control over personal data and how it is used. They could even create virtual personal assistants to interact with Amazon, Google and other businesses so they don’t have to. That could put an end to data mining, invasive personal tracking across the internet and more.

Holochain could also support robust rating systems and reputation accounts, and facilitate collaboration and collective intelligence. Before long, it could make possible a digital currency unique to the individual receiving it.

Once that’s done, simply replace debt and the profit motive with Net Benefit…and we’ll find ourselves that much closer to Copiosis.

The Best Most Powerful Future Comes From People

Photo by Maxim Hopman on Unsplash

We’re getting towards our implementation inflection point here at Copiosis. That means making sure everything we do contributes to our mission. That means every Copiosis team member reflect in their actions and decisions what we’re creating.

Doing so requires each person carefully looking at how they’re moving through the world. After all, we take seriously being the change we want to see. If we want a regenerative society, on a healthy, restored planet, each individual must role model that change. Role modeling brings challenges, change and, in some cases, doing things in ways that cost more.

Matching my walk with my talk

For example, I’m looking at how I can eliminate all waste I create. I’m also looking at what stores I patronize and packaging things I buy come in. Considering how to minimize packaging waste presents interesting challenges. Particularly because my next home will be a 250 square foot travel trailer. That travel trailer may be my final home on Earth.

Since 2019, I changed how I poop and pee. My landlord says “If it’s yellow, let it mellow”. I agree. In other words, I don’t flush after peeing. When I use the toilet, that is. At night, I pee in a bucket rather than getting up and walking to the bathroom upstairs. For some reason too, I hardly poop at all. I think that’s because I don’t eat much.

Water is abundant on the planet. But not equally abundant in all places. Abundance doesn’t give permission to unreasonable use though. Flushing poop and pee with fresh drinking water doesn’t seem reasonable. Does it? )Photo by mrjn Photography on Unsplash)

All that saves a ton of fresh water. Literally. Americans flush over $5 billion of water every year down the toilet.

According to the article at the link above, the average American uses 90 gallons of water each day. And only 2 gallons of that we drink or cook with. Washing dishes uses four gallons a day. Laundry: 8.5 gallons per person per day. Then we use 25 gallons each day, per person, watering yards and filling and refilling pools.

American toilets flush between 1.5 and five gallons of FRESH DRINKING WATER down the toilet per flush. Think about that. We use fresh drinking water to push bodily waste out our homes. Combined, that’s 24 gallons of fresh drinking water each day. A gallon of water weighs eight pounds. Do the math.

Petal transportation over combustion

Three years ago, I gave my ex-wife’s daughter my Honda Accord. She took it to college. That left me with my bikes. Biking around fulfills me. And where I live, getting places by bike makes commutes fun. So riding bikes or walking moves me around when I need to get around. Foot or pedal makes moving around so easy, when I get in a car on rare occasions, it feels…weird.

But bike and foot transportation takes chunks out off my planetary impact. Neither my bike nor my feet use fossil fuels. They don’t pollute either. Furthermore, the US government says increasing pedestrian and bicycling trips corresponds to decreasing automobile trips. Reducing car miles driven by one to three miles on average saves a lot on carbon emissions.

Doing my part to compensate for greenhouse gas emissions isn’t the reason I ride my bike or walk most places. It’s a nice fringe benefit. (Photo by the author)

With moderate increases in bike use, the government says, we could avoid putting six to 14 million tons of CO2 into the skies. And 700 million to 1.6 billion gallons of fuel could be saved. By walking and biking, I’m doing my part.

It takes everyone every day

Why am I sharing all this? Because Copiosis creates a better world. But that world emerges from actions people take. My team and I lead that emergence. So we must lead from the front by showing others how creating the future we want happens.

It happens when each person looks at how they’re living, then does something productive about it. Something that creates less impact on the planet, and helps others do the same.

A Copiosis strategic partner introduced me to criteria I now use. Comparing myself to this criteria shows me how I do each day. Am I creating the world I promise with Copiosis? Little by little I think I am. But this criteria at Future Fit Business will help take my commitment up several notches. I’m encouraging my team to use them too.

If we’re going to create that regenerative, global gift economy Copiosis promises, then we must start, as people, doing our part. That means showing others how it’s done. Not with talk. But through our daily acts.

Only then can we maximize our results.

Our inflection point looms on the horizon. When it comes, we’ll be ready.

By Copiosis Founder Perry Gruber

How A Famous Economist Saw A Better Future In Copiosis

Photo by Marvin Meyer on Unsplash

John Maynard Keynes predicted Copiosis. He didn’t clearly understand what he saw, as most people predicting the future don’t. Never the less, in an essay still quoted decades after he wrote it, Keynes talks about a technology-enabled future that only Copiosis makes possible.

Keynes called his oft-quoted 1930 essay “Economic Possibilities For Our Grandchildren“. In it, he described a future – a century hence – where people worked only 15 hours a week.

2030 marks a century since Keynes wrote his essay. That’s about 10 years from now. Just enough time for Copiosis’ emergence. While our implementation plan hums along, let’s look at why he offered what he offered. Something some erroneously describe as an incorrect prediction.

Efficiency, technology and human choosing

Keynes’s argued for the 15-hour work week future this way. He said in a hundred years, machines, technology and new ideas would make people more productive. So much more productive, he thought people would choose working less.

Technology, Keynes said, would create a world where people needn’t work so much. (Photo credit: Jezael Melgoza on Unsplash)

Did that happen? Not really.

Today, work hours per week dropped a little in some countries. But in 1950, American work weeks averaged about 38 hours compared to 34 hours a week on average today. That’s fewer hours. But a far cry from where Keynes thought we’d be.

That said, technology did create a world where people produce far more than 1930s employees. And despite planned obsolescence and other consumerism-driving business strategies, people do enjoy far better quality goods too. What’s more, much of what’s consumed these days couldn’t exist back then.

For example, technologies warfare created dramatically improved our everyday lives. Flu vaccines, Penicillin, and plasma transfusion know how transformed medicine. Jet engines transformed air travel. Microwaves transformed kitchen dinners. And, of course, computers changed…everything.

Sleight of hand or misperception?

by Unknown photographer, bromide print, 1933

We say Keynes saw Copiosis as the future because Copiosis transforms how people experience work. Perhaps Keynes meant something different from how most interpret his essay’s reference to “work”.

Keynes talks about two factors changing people’s work relationship. The first one we talked about already. Technological advancement, he said would increase productivity.

But capital accumulation rounds out his thesis. He said many people would accumulate so much capital, they’d no longer need to work.

Today many accumulating capital keep working. Most of the richest people living today continue working well after they’re multibillionaires. Was Keynes wrong?

Keynes wasn’t wrong. He interpreted what he saw in the future through his own lens.

It’s true capital accumulation – a specific definition of wealth – will create freedom from work. We see this happening as rich people and some ordinary folks become wealthier. Wealth they create comes faster and easier. Many hardly lift a finger creating that wealth. Crypto currencies such as Doge and Bitcoin minted many millionaires. New digital currencies get created every year. Certainly more people will discover wealth that way. Any of that wealth created through what we know as “work”?

Robin Hood, an investment app turned some ordinary folks into millionaires too. Ever heard of GameStop? Some fateful, fruitful days January 2021 showed how ordinary people can now become rich. In some cases, over night.

So we see technology increasing production. We see more ways people, including ordinary people, get rich. Many such avenues didn’t exist in Keynes’ time. Capital accumulation IS happening for more people. It’s easier and faster getting rich.

So perhaps Keynes saw the future. Perhaps he only understated how long it would take. Perhaps not. What’s clear to us is, he nailed the future. That future is Copiosis.

It ain’t too hard to figure the future Copiosis creates

Think about it. Copiosis creates a world where people accumulate wealth rapidly and passively. That wealth grows through far more avenues than what’s possible today. All people need do: be good, follow their passions and benefit others.

Do that and their wealth grows. And fast.

Wealth in Copiosis looks like extremely large numbers of NBR income streams. It also looks like an ever expanding silver platter of necessity items, provided to all at no cost. Such items increasingly get more luxurious. They also get better quality-wise.

Wealth also looks like a plethora of luxuries, available to all. With untold NBR income streams, and income good only for luxuries, in short order, nearly everyone can consume what they want. That’s wealth.

Not to mention a beautifully restored planet, thanks to people passionate about doing such things.

In Copiosis, wealth flows into people’s lives at quantities so great, people will find it difficult to enjoy it all. At that point, something interesting happens. Actually, it happens well before that point.

Changing what “work” means

People get rich in Copiosis by creating benefit for others through their passions. Wealth accumulation naturally flows from passion pursuit. Many successful people today spend many hours doing what they do for income. Why is that?

Maybe because they like what they do!

Copiosis inspires that…for everyone. Think about it. If everyone does only what they like doing, are they working? Or are they enjoying themselves? Totally absorbed by what they love. Floating their boats by doing only things that…float their boats!

Ironically, Keynes himself worked until his heart literally called it quits. Descendants in his family tree said he loved what he did. World War II just ended back then. So Keynes dedicated his energies to help put the global economy back together.

So Keynes not only wrote about a future he saw. He lived that future too.

Creating Keynes’ future

We do that too here at Copiosis. Instead of working, we love seeing Copiosis unfold while we do our part as part of the fun of creating this new future. Of course, times exist where we put in a lot of effort. Sometimes that feels like work.

But when we look at what we’re doing, the amount we actually “work” sums to less than 15 hours a week. That’s not likely to change.

So Keynes future exists today. In less than 10 years his essay will celebrate the 100 year anniversary since Keynes penned it. That’s plenty of time from which Copiosis will show the world – a world – where people no longer need to work.

Some think Copiosis a pipe dream. We see it as reality and the future. We see that future because we believe in it. It’s a better future for everyone.

Keynes saw the future too. He saw it because he believed it possible. He just didn’t know the name of it.

Now we do.

(VIDEO) The Rich Want A Great Future Too

Copiosis and the one percent

Some say the rich will never do what’s right for the planet, for people and for society. These people think billionaires will only do what’s in their best interest.

But what’s in their best interest?

In addition to launching himself into space, Jeff Bezos recently gave $100 million to two Van Jones, founder of Dream Corps, and another $100 million to celebrity Chef Jose Andres as part of his commitment to give more of his fortune to worthy causes. His ex MacKenzie Scott who herself is worth $60 billion, already gave away $4 billion and expects to give away more.

Meanwhile, another billionaire who shot himself into space, Elon Musk, recently gave up all his property holdings. He now lives in a tiny house. His entire financial motivations already changed the course of the auto industry. Those intentions are doing the same for solar energy and battery technology too. The internet is next, with Musk’s intent to create STARLINK.

We believe the rich haven’t addressed capitalism, socialism and communism because, until now a better idea hadn’t exist. Wait until they discover Copiosis. When they do, people decrying billionaires will change their tune.

Copiosis offers everyone – rich included – a world where all people’s wealth gets retained by those with the wealth. But it also decouples power from wealth, leaving the wealthy with all they have, but no way to control others through that wealth. Once that happens, what’s possible becomes, as this person says, unlimited.

The rich are on our side. They want a great future too. Finally, there’s a way to create that future. A future where everyone wins.