FAQ #8: What will the Equal Money look like – how will it work?

Most practical would be to have all the money be digital – because then it can simply be send from one (or many) central point(s) to all the individual accounts. Which would then require digital payment technology at every shop/store/warehouse and chip-technology. So it will be very similar to the payment systems that are already in place. As to what kind of chips, we could either go for a chip on a credit-card or an implanted micro-chip in the skin – whichever works best. A micro-chip has the advantage one will not lose it – which is preferable as without it you’d have problems with your ability to pay for your goods, where you’d lose time with getting a new chip. Though remember, the point here is to have a digital system – which can be done by using bankcards or microchips.

Another reason why digital money is preferable – is that just as easy as the money is created, it must be able to be deleted. This would happen as soon as the money is used at the first payment. When I for instance buy myself a pair of shoes, that amount of money that I’ve just spend will not be ‘transferred’ from my account to the account of the store, it will instead be deleted from my account. Because remember: the purpose of the money is to make sure there is equal access for all to basic living-resources. Therefore once the money has served its purpose, there is no reason anymore for it to exist.

Within this, the money could be distributed either as a monthly or as an annual income.

So, yes – the entire experience of what money is and how we use it, will certainly change.

FAQ #4: Wouldn’t it be better to have no money at all?

No. For this simple reason: the goal is to establish equality on a basic physical level – equal housing and electricity, equal food and water, equal health care and equal education. This means one will work with an economy of goods and services. Now, practically speaking it will be far more effective to distribute one single resource to all – being Money – than to distribute all the different goods and services continuously to everyone. Because when each one has their own money that gives them access to what they require, each one can then go and get what they need, for instance in central stores and shops. To go to a situation of no money at this stage would lead to chaos and anarchy – because there would be no measure for anything – while equal money is a very specific measure, that will make sure each one has their necessary resources. So money is also a tool that allows for managing distribution in an orderly way.

Furthermore the only alternative to money is Barter, though to use barter at a world-wide scale as a replacement for money – is quite impractical. One merely need to consider that barter led to the creation of money in the first place, as human populations grew larger, because it is easier to express the value of all goods and services in one commodity – being money – that is most accessible to everyone. Thus if the money is sound, the principle of barter is actually contained within the use of money and there is no loss of value. Obviously this is not the case in the current system, where the value of money is based on debt.

FAQ #3: Why using Money as a solution – will money not lead to corruption again?

Money is not intrinsically Evil or does not by itself promulgate greed. In the current system it is the way money is used and defined, that is promulgating greed – those are rules that are agreed upon. The rules of what money is based on can thus be changed. An example of such a rule, is that: no one has right to any money unless someone has worked for it. This rule dictates that children will receive no support in this world unless directly by Parents that work to earn money to sustain the child or indirectly through redirected taxes. (A third way can be through charity but that is not consistent enough to be of any significance in the bigger picture.) A consequence of this rule is that children born on earth in the current system have no right to exist – because the fact that this child exists does not grant it the right to actually have the means to live, which is money. Rights only come with labor – And if you are unable to buy yourself the right to exist through labor, someone else must be found that can buy that right for you.

This rule creates a situation of fear. Because under such conditions no-one’s existence is ever secure – as your ability to live is permanently dependent on your ability to get money from the system.

Here we can easily see that it is the rules of the money-system that are creating a struggle for survival.

It is important to see that such a struggle is a result of the rules of society – which are man-made – and not a condition of life per say.

Many use the argument that ‘the struggle for life’ can be found in the Animal Kingdom as well – which is then brought forth as the reason why such a struggle is inevitable in general. Though when placed in the proper perspective, this is invalid: because there is at this stage no reason for starvation to exist or for anyone to exist in any form of deprivation. There is actually enough for everyone today – this fact is well known, and the reason why no change has thus far come forth is due to lack of political will.

One has to understand greed. Greed is created out of fear there will at some point not be enough. So therefore one will grab as much as possible, disregarding anyone and everyone else – because in fear one is only able to act in self-interest, especially when it comes to fear of death.

Though when a provision exists whereupon everyone can trust, that no matter what, I will have access to anything I require to sustain myself in this world and lead a life in dignity, fear is immediately out of the picture, and so is greed.

Therefore one can see that such forms of greed will disappear as trust gets established and people realize there is no more need for such behavior.

So, money can actually be used as a key to change the human experience on earth, where one can walk the streets without fear of being robbed and where one can actually start trusting each other.