Tagged: scalable

scalable invitation (mttp)

This constitutes the primary boundary that constitutes the entity. It is purely an interaction of money. A good way to think about it is, money left on the outside, and value on the inside. For people inside, money is plastered up along the outside, so that internally, people are free to collaborate without concern about money. For people outside, they see the money that the entity is surrounded by, and are attracted to it.

 

How does this work? The basic mechanism is “double your money”. When you are invited to the entity, the person who invites guarantees the invitee will return with double what they bring. So, if I am invited to visit for £10, I bring £10, leave it at the door, do whatever is required for an hour, and when I leave, the person who invited me gives me £20. This money guaranteed. It is all black. In fact, they match the initial £10 at the beginning of the hour.

Imagine a glass plate. People on the inside plaster money to the inside. People on the outside see the money and plaster money to the outside. There is a matching of inner and outer money. Once a person enters, they leave this money there, and only when they return to they pick it up if they have been invited in. Otherwise, money floats around on the inside to match up with more money from outside.

The generalised transaction is simple:

or

 

f(2x,p)

(where x is the base value of the invitation, p is the time period)


or

 

“double your money”


Money is tagged to time. Since our time, each of us being human, is the same (at least in this first proposal, since it may be varied by intensity, wrt children and so on). The amounts and periods are given below.

 

Note: this has been subsequently described as MTTP, the Money-Time-Trust-Protocol, the two simple conditions of which can be found in the ‘Social Contract’ tab above.