Tagged: Financial-Trust-Protocol

GIFT(x) FTP Invitation

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

david pinto
Interesting. I found you on linked-in… searched for your future product foundation thing on the internet, didn’t find you, but eventually came round to your g+ page — and you are already in my circles! How are things going with you?
1:57 PM
Patrick Anderson
Hi David. I’m doing well. How are you?
david pinto
Hi. Yeah, pretty good. Too many convergent thoughts since the new year. Way too many. Hence my rather rare attempt to outreach, eg with you. Perhaps a few other players who are on the fringes, who are exceptional, may share the… burden of exploration 🙂
2:32 PM
Patrick Anderson
I don’t know where it comes from, but once you see in a new way, you are compelled to show others. I see your G+ response to my old, repetitive post. In not really sure what you mean by math or model, but I am willing to work with you to develop those interpretations
2:38 PM
david pinto
Ah, nice. You talked about fractional ownership, I think. I was asking if you have any math for this? To track fractional ownership. If this is what you were working on, coding, etc? With your product future foundation?
2:39 PM
Patrick Anderson
Ah. Hmm… It seems so elementary that I don’t see how math would help
2:41 PM
david pinto
hehehahahahah ok, cool heheha I have the opposite problem. When I engage my peers who are trying to develop algorithms that track value, they don’t see the simplicity of our solution. So, good.
2:43 PM
Patrick Anderson
I may be wrong, and an willing to try, but let’s look at a small example and then scale up to see where we lose track
2:43 PM
david pinto
Well, that’s it exactly. Ok, you free for a quick chat? Or perhaps a major engagement? How serious are you about this? By major engagement, I mean, say, an hour, where we delve as deeply as we can. So that we establish the parameters of our engagement.
2:44 PM
Patrick Anderson
I am extremely serious about this. I can prove it is the optimal organizational form
2:45 PM
david pinto
Can you prove it financially? Are you loaded? Are you living in comfort? A life of luxury?
2:45 PM
Patrick Anderson
I want to chat right now, but I have to go to work in about half hour Just because I’m not living and luxury now doesn’t prove this approach invalid
2:46 PM
david pinto
Same here. However, if you can prove something mathematically, that’s a big bonus. Something useful to leverage with.
2:47 PM
Patrick Anderson
I haven’t actually implemented anything yet because nobody understands me yet
2:47 PM
david pinto
I’ll put £5 forward to engage you over the next 20-30 mins or so. Will you.
2:47 PM
Patrick Anderson
I appreciate your offer but I am so anxious to explain this solution that I would be willing to pay you:-D
2:49 PM
david pinto
Exactly, will you put money forward? I will take you at your word. Which means, if after we engage, you don’t think it has been useful, then don’t honour your word. From the little I have engaged, I believe we are worth £5
Patrick Anderson
You want me to pay you?
2:50 PM

david pinto
Not really, it just goes forward. Part of the discussion… I’d like to have a video up explaining it, but, that’s still in the pipeline. The actual math hasn’t been finalised yet. Hence this engagement. You might be part of the solution. Doesn’t prevent us from experimenting, though. So, I am willing to put £5 forwards. Are you? Actually, with this time now, let’s reduce it to £1 since we don’t have much time left…
2:52 PM
Patrick Anderson
The system I am trying to describe “cancels out” most of the need for money
2:54 PM
david pinto
Yeah, I know, I know. I need something to sustain my exploration. I’ve done enough over two years and have to go back to work because of ‘problems’ in communication. Let’s talk another time when you have the time and the £ interest. You definitely are saying the right things. It will be good.
2:55 PM
Patrick Anderson
We will need some money to start, but I’m sure a kickstarter campaign will work once we can explain it to others
2:56 PM
david pinto
Good luck! Get back to me when you are ready to engage logarithmically.
2:57 PM
Patrick Anderson
I am in severe debt right now going through a divorce and was out of work until just the beginning of this week
2:57 PM
david pinto
Tell me about it… That’s why our engagement will be valueable. Don’t waste it through this little text chat. You are highly valuable, so am I, and our engagement will be valuable. Don’t worry. If I had the money, I’d invite you personally, but I don’t. So, be assured, get back to me when you have time.
2:58 PM
Patrick Anderson
Okay, it would help me understand your needs if you would send me example of algorithmic engagement
2:58 PM
david pinto
ehehe — which comes first, understanding or experimentation? I have enough info from your posts that I want to experiment with you. Based on that experiment, I will have more understanding, and so it builds… It’s fine, don’t worry. This engagement has already been useful. Believe me. I will record something, post it, and invite you to review it.
3:01 PM
Patrick Anderson
Ok, set you later. *see
3:02 PM
david pinto
Cool. Have a good day, really 🙂
3:02 PM

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!