Mind Mastery

“Hi everyone, I'm Charlie and I've been working on an alternative currency for quite a while now.

I realised that the central banks and governments have been screwing with us for far too long and robbing us through taxes and GST and leaving us with hardly any left over to survive.

So what I've developed is a digital currency that we could use to replace our national currency. We could start using it in Frocksville, prove it works, then it would spread like wildfire.

It’s very simple to use.

All you need to do to open an account is read and agree to abide by Objective Morality, which Alex will be discussing in the next speech.

Everyone who opens an account will receive an instant 5,000 credit bonus.

This is to encourage you to start using the currency straight away so we can transition away from the government and central bank controlled national currency.

Can I please have a show of hands of who here owns their own business?”

Gerald looked around the room and saw that approx 30% of people there raised their hands.

“Excellent”, said Charlie.

“And out of the business owners here, who would consider accepting a different type of currency in exchange for your goods and services?”

Most of the same hands went up again.

“Good, good” Charlie said.

“So let me go over a few of the key highlights.”

Charlie opened up a powerpoint presentation on the projector screen so he could more easily explain his idea.

“The freedom credit is currently a purely digital currency.

There is a 5,00 bonus for when you sign up, a 500 credit bonus when you refer someone to sign up, when you create a new business page on the app it’s a 1,000 credit bonus and at the end of every month its a 10% bonus added onto the total of what you’ve spent and earned in that month.

There are no fees or taxes imposed to use The Freedom Credit.

You can very easily send and receive credits using the mobile app just like you do now with your mobile banking apps.

So why would you want to transition to this currency away from your national currency?

Normally governments make you add 10% GST on top of all your transactions, which means you have to charge more for what you sell and the buyer has to pay more.

This means you can lower your prices and become more competitive on the market, while maintaining the same amount of profit.

It also means buyers have 10% more in their accounts to do with as they please, whether that be to continue supporting local business’s or to donate to town projects.

There are no transaction fees, holding fees or any kind of fees, which makes it more attractive for you and your customers than traditional banks and national currency.

The value never fluctuates as it is tethered to the value of the USD on the 9^th of may 2023.

So the value always stays the same.

This means your currency does not depreciate in value like your national currency.

Which means you have more spending power and can have more of the things you want.

You also get rewarded for using the currency, a 10% bonus.

Compare this to taxes where you can have between 10-50% deducted from your total earnings, well it makes a big difference to your lifestyle.”

“You can say that again!’ Yelled out a middle aged man in the crowd.

The crowd laughed and cheered at his brashness.

Charlie chuckled and continued.

“You cannot buy The Freedom Credit with national currencies or even crypto, you get more of it by earning it.

This is huge.

Normally with national currencies, stock markets, or crypto currencies, the people who have access to the printing press, or computers of today, have the power to crash and spike other currencies and markets however and whenever they please.

If you can buy an alternative digital currency with any other type of currency, you can be certain that it can and will be manipulated by billionaires, bankers and any other greedy bugger who want’s to get richer and see you poorer.

It’s a game they have rigged and we have no chance of winning.

That’s why we need to play a totally different game, one where they are not invited and have zero ability to influence our currency.

Please raise your hands if you would be interested in using this alternative currency or at the very least, learning more?

Everyone in the room, thousands of people raised their hands. There wasn't a single person who didn't.

“I’m glad” said charlie, this will make transitioning to a utopia much much easier”.

A man in the crowd stood up and yelled out “But what about cash, if they wanted to stop us from doing business they would just turn off the internet, we still need cash”.

“You are free to continue using national currency cash alongside The Freedom Credit.

It’s a huge endeavour to make a cash version to exist along side the digital version.

If you have a plan on how we can implement a cash version too, I’d be happy to hear it, do you have any ideas how we could implement this?” Charlie asked the man.

“Well, no, but I know we still need cash”.

“I have a basic idea that we could use home based 3d printers that somehow make a physical cash version that uses a unique identifier code, but I haven’t had time to fully flesh that idea out.

If anyone else has any plans or ideas about how we can easily and efficiently make a cash system of The Freedom Credit, please approach me after the meeting and we can organise a catch up to discuss.”

A few more points I would like to touch on, starting with loans.

Something that makes national currency appealing is the ability to get a large sum of money in advance, that can be used to start up a business, buy a new car or a house.

This makes standard banks very attractive.

If it wasn’t for the interest fee’s, I’d agree.

For example, let’s say you want to buy a new house for $500,000 in Australia and you want it on a 30 year term repayment.

Do you know how much you would actually be paying back with interest included, on average?

A 6.04% interest rate would mean that you would be paying more interest than the amount you borrowed.

A mind boggling $583,000 worth of interest.

That is absolutely mad.

They literally made the money out of thin air and they want you to pay them more than double in return?

That’s if you are even eligible for the loan in the first place!

If you wanted a 500,000 Freedom credit loan, do you know how much you would repay?

The amount you borrowed of course!

500,000!

Why would you pay back anymore?

It’s just numbers in a computer, that’s all.

You only pay back what you borrowed, no more and no less.

Now you may ask, why pay back anything at all?

Well, if you were to borrow 500,000 credits and not have to pay it back, would you keep working and contributing to the town?

Maybe, maybe not.

Until the time comes when we’re able to fully transition into a moneyless society, which will take time, we need to build structured bridges like The Freedom Credit to get us to the Utopian moneyless society that is the true goal.

So what about eligibility?

Who can borrow how much and what are the terms?

Simple.

Once you've earned a minimum 10,000 credits, you're eligible to borrow up to 5 times that amount.

For example, 50,000 credits.

This is to help launch new start up business's with easy access to a quick line of credits.

If you'd like to borrow more, you need to be generating a minimum of 0.1% per week of the asking amount.

Example:

Henry wants 100,000 credits to buy a boat.


In the last two months, Henry needs to have been making a minimum 100 credits per week and provide one friends account to act as guarantor.

 
If he wants a 200,000 loan, then 200 per week, 300,000 loan then 300 per week etc..

It’s also an easy way to always know how much you are eligible to borrow, as the eligibility requirements stay the same.

The guarantors are just there to act as an incentive for you to keep earning Freedom Credits.

It’s a much more friendly system than needing to put your house or other assets up as collateral, as many people don’t have expensive assets to leverage loans against.

Again, this way more people can have the things they want and need and everyone benefits, except the banks!

The crowd clapped and cheers in appreciation of Charlie’s fantastic ideas.

“Now the boring part, paying the loan back.”

Charlie let out a sigh.

“Alright, well, the way you pay it back is so easy you don’t even need to think about it.

10% of all your incoming transactions are automatically deducted and come off your balance.

If you earn 10,000 credits in a week, then 1,000 automatically goes towards repaying your loan.

If you only earn 300 credits in a week, then only 30 credits is paid off the loan.

It’s a fair system based upon the amount you earn.

So it takes you as long as it takes to pay it back.

If you want to pay it back sooner, of course you can.

Once you start experiencing the amazing benefits of using Freedom Credits, you’ll start to rely less and less on national currency and only use it when you have to.

Of course, there may be loopholes which some lazy bugger decides to exploit.

That’s Ok.

Because they can only spend credits supporting our business’s anyway.

And the goal isn’t to keep using The Freedom Credit forever.

This is merely a bridging tool that hopefully, I’m not sad to say this at all, isn't around for long.

My last point is that I am the master mind behind the The Freedom Credit.

Unfortunately, for me, this does not mean I will have unlimited access to funds.

I thought about it, but it just seems to be asking for more trouble than it’s worth.

It’s best that everyone have exactly the same playing field, even the creator.

We don’t want another Rothschild central banker issue now do we?”

“Here here” someone yelled in the crowd, along with many others who said some pretty vile and foul things they would like to do to the richest family in the world.

Charlie laughed.

“Those poor buggers. They don’t realise it yet, but all their money is going to be worth less than the paper it’s printed on.

Once The Freedom Credit is up and running, I may simply ask for donations or maybe I’ll have to get off my lazy ass for once and do something.

The crowd laughed and whooped in support of Charlies style.

“I’m happy to give you half of my 5,000 bonus if we get this thing working!” shouted a young lad in the second row.

“Yeah me too” echoed many people in the audience.

Charlie bowed his head in respect and gratitude.

“Thank you very much, only what is needed and no more. Large amounts of money can change a man and I quite like the man I am.

If you would like to learn more about The Freedom Credit, please go to this website.

“If you are able to help create this idea and make it happen, as it’s still in the concept stage, again, please come speak to me in the break or after the meeting.

Thank you all for listening, I’ll hand you back to our wonderful host for the night, Rebecca.”

The crowd clapped and cheered as Charlie walked off to the side of the stage and took a seat.

Rebecca took the stage once again.

“I hope you all enjoyed that wonderful explanation of an alternative currency and are as excited to make it happen as I am.

Please, if you are a software developer or have any other great ideas to add to the concept, help Charlie bring this idea into reality.

Next up I introduce Alex to discuss The Lore of Morality!”