So, FTP has been rolling around my head since the beginning of the year. I haven’t finished the math, or the website invitation, but after speaking with Patrick Anderson, I pulled together this provisional video. From even the briefest perusal of Patrick’s G+ About page, it’s clear he is insightful and working towards bettering the world.
In terms of the system, I already have a Stripe submission in play, though will be looking at alternatives for moneyflow for content, eg for this site, which constitute ‘Surplus’ which is divided in the ratio of SEA. That is, the system is minimally operational!
the triggering dialogue
You want me to pay you?
readability of this post — the turning point of understanding and information
Editing a Google Hangout Chat has been a real pain. I hope it is readable. How well you penetrate this, how deep your reading, will determine the depth of our engagement, and the speed by which this protocol takes shape in 2014. Your temporal co-ordinates as you read (early January? Spring 2014, Summer? Perhaps 2015), compared to the current saturation of this (FTP) protocol in the current marketplace, will determine your importance in this process. You know, early adopters and all that.
So it comes down to understanding. I have explained complex math to kids. I am a professional communicator. And yet, with ecosquared, the resounding response from the beginning has been lack of understanding — and get this — a demand for more explanation. Just look at this site — it is two years worth of explanation! I have risked my wellbeing, my family’s wellbeing, on ecosquared. I believe ecosquared holds the kernal of a global solution, and this FTP may be the actual turning point — it enables a means of moneyflow that helps us learn how to operate a completely alternative economics, an ecological and ethical one, one based on giving.
Is there enough information, through the video, this post, the other posts on this video — is there enough INFORMATION, that it warrants engagement? It is through the process of engagement that understanding will emerge. That is, is there enough INFORMATION that you are willing to conduct an EXPERIMENT? Not just theorise, discuss, chat, etc, but actually conduct a financial experiment?
But where does the money go?
Yes, that’s the trick, isn’t it? Where indeed…
You’d like to know where it goes, but as we know from our current situation, the money end up in the pockets of those who have it. Capital. Money attract money.
Ecosquared protocols perform two hacks on money, namely MTTP and SEA. FTP performs the equivalent function of ‘capital’, though it operates more like ‘insurance’.
For now, suffice to say, you will get a say in where the money goes if it ever has to leave the network. That is, FTP is merely the decision to give money forward to a future date where you and others decide what to do with it. What power you will have in where it goes, depends on the quality of engagement you have, the value you co-create, and so on. The money doesn’t really ‘go’ anywhere. It is like a standing wave of collective intention; the accumulated FTP indicates the health of the network, the level of trust we have in one another.
Perhaps faith. Once our engagement occurs, our initial faith in one another will be honoured by trust. With small amount of money, small periods of engagement, and small projects, and over time this grows — based on results. Just like any enterprise or company or government or any social organisation in recorded history. It’s results driven. But to have results, one needs experimentation.
It’s up to you. Right now.
So, are you willing to gift £x forward to an engagement? You don’t have to pay that up after the engagement if you didn’t think it valuable. Of course not. But if you do think it is valuable, you will be happy to, and indeed, perhaps give more money forwards as your confidence in what we are doing is proven. Yes, in what we are doing. FTP is the financial protocol for collective co-creation. It is the process by which teams form in a network. And it operates from the get go.
Perhaps you will need some more information, so read on. Perhaps you need someone social validation, an article in some trusted source gets written at some point, or someone you know invites you to FTP later in the year, and after a few invitations, your trust of your friend or colleague overcomes the need for ‘understanding’ and you give it a go. And then, you will have experiential evidence of the experiment: how money-trust-time operate in ecosquared. Then it is for you to decide what to do next. Lovely.
This is a win-win-win solution. It’s just a matter of time. It’s a matter of who reads this: those who already resonates with it, and those who are willing to risk their word-action to test it. And of those who participate, those who can iterate a better version of engagement than this first, rather crude, iteration of video and blog post.
I look forward to meeting with you!