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Feathers of Change

Oct 1, 2024

2 min read

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As the current banking system continues to reduce bank branches and remove cash and cheques from society, humanity sits in a dilemma as many businesses and banks have already gone digital, but during the many outages of internet or to the power supply, banking which has been the bedrock of trade is now compromised.

   It is for this reason that an alternative currency is sought, which we can also help to weed out the corporations to move our local wealth to an overseas bank account, weakening our local economies.

   Many have tried and failed, and only a few have stood the test of time because of the limits each has built into their systems.

   Those that are ‘pegged’ to the existing currency matching 1 for 1 have been more resilient, and yet most have failed due to greed as someone tries to get a free ride over the many.

   To create a lasting alternative currency, and to give it legs to grow exponentially all around the world, is to remove the hierarchy and let it grow organically.

One community here, one community there, all linking to a leaderless central system where 1 for 1 is honoured in every country.

   Karmic credits is a pay-it-forward 1 for 1 linking system which every community can use wherever they live in the world, and this could override the IMF money market manipulation over 180 world currencies.

   Looking more like a pirate currency, karmic credits simply classes every currency denomination as a credit, ending the unfair manipulation to hold people back paying $30 per hour in some countries an $2 per hour in others.

Karmic Credits is more than a currency, and being needs-based, the possibility of 1 for 1 in every country and 1 for 1 globally allows the people to set a basic wage for every man woman and child of 30Kc per hour.

Equality is the basis for changing from a debt-based currency to a needs-based one, and as such there are a few eye opening differences to become familiar with.

Karmic credits is regenerative, and this means that money is born and dies, and the system itself is a simple plus and minus accounting system which does not use interest, fees or charges, nor does it require a periodic payment or loan facility.

This means we can have a global society without poverty, homelessness and debt, and all you have to do is download the free Karmic Credit Trading Ap on the Playstore or go to https://karmiccredits.com.au

Oct 1, 2024

2 min read

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