Just don’t want to see any time wasted here when we already have something similar. But if the idea is unique. We shall hear it out. And BUXBE like the Numero system might just end up featured on the OAE wiki too, but that might require more information to be shared.

I did take a look at the website on Medium but i think it would be better to demonstrate a break down on a ledger of at least a dozen transactions between people to get an understanding of BUXBE better.

Hi Justin,

Yes, it's very different. I watched a video on NS. It seems to be a UBI. Am I right? I've spoken to the creator before. It didn't go well. WTF is talking about with the economic models we have at the moment? It sounds do complicated.

The primary difference between usury/commodity economics, which is every currency in existence, and BUXBE it's created directly by the people choosing to use it. If we spoke for 60min educating in some way, we get B60/h each. So the bank is -B120. If you buy a coffee for B5, I gain 5, you lose 5. There are other options, such as my choosing to run my cafe as a community sércice, so I get B60/h,and I give the coffee to you for free,

I know this sounds like a time currency, but it isn't. What it does do is shoft people out of profit-centric models to a free one, and people can slowly get over valuing self and others as quantities to Quality. The big Q. :)

The bank doesn't care being negative. It is not a profit seeking entity. Any good exchange model keeps the bank as a service for free. It is the people, not separate from it. And it has to stay this way forever. NS says it's free for 10 years. That's a problem as it thinks it's separate to the people. Bad news.

I have a spreadsheet of transactions so far. Give me your email and I'll invite you to see it. If you're on twitter or Messenger, find me under BUXBE_ and/or Bux Be. You'll see the logo t verify.

As for the type of economics we have, I can't make any sense of what NS is talking about. There's usury, demurrage, or neutral. BUXBE is neutral as it has no costs, tax, interest, fees. It doesn't to lend money. People are the money, not the bank. My 'profit' is I can use a free account and be known for my creating quality. It's very much like reputation based values, but this is measured much more buy people wanting your ;roduct/service, not the BUXBE so much. I know that might sound weird, but BUXBE is a safety net for quantity focused people. They'll all figure out BUXBE isn't needed and jsut gift. They will take some pretty high end enlightenment, but you'll see I don't quantify that. I don't own it. I don't make levels. Fuckers who do that are only in it for the money, the usury kind

In usury, no wannabe wants people to be enlightened.

People really want to do good. BUXBE is about leveraging that, for people to share what they really want to create, and be known for that. A Tesla creator can be known as the guy who empowered people to travel by ,Illinois is great, but the guy serving thousands of coffees a day is no less respected. They are giving the quality they want to do. Same with [eople cleaning streets. Oh, hang on, this guy made a road design that self-cleans. Awesome! Street cleaner goes to philosophy classes and is paid for that by the bank. Everyone in that class, teacher and students, are paid equally by the bank. A negative balance at the bank shows how much people are actually doing something. BUXBE doesn't care to be separate from people. It is the people. People don't want to waste time, so the most sustainable ideas are the ones that get people's support. What similar sustainable industries are proposed now can work together. There's no need to silo.

I created BUXBE, and I will teach using it for the rest of my life, but what my target is to not have people think they need it anymore. Not because they found a different quantity]centric model better [because there isn't one], but to not live in fear of being cheated on and just give safely knowing people will give them. Not out of morals or ethics, but from excellence. No one creates excellence alone, but now no one is fighting for profit against each other, instead out of excellence which is now abundant, on demand. There's no need to be valued by owning objects, but my what ome does as best as they can, on demand.

Make sense? The quantities will not matter. It's the quality on demand that does. Everyone will create differently, but with BUXBE, everyone now has the chance to try so many beautiful ones. Trash will no ;onger exist. Only different types of quality, wherever one goes.

Hope that helps. :)

Read both your replies. Thank you for the information. I'll be in touch if i have more queries. A wiki page has been set up for your proposal here: https://openaccesseconomy.org/doku.php?id=buxbe

Feel free to add to it and correct any information provided, and later it will become accessible on the site to others from the Transition proposals section.

Hey Justin,

Cool! I just watched this about NS: https://youtu.be/s4hSv7CaVuU.

The critical problem is how NS generates the money. There is no connection to what people get and the work they do. Colonial scrip tried a way to maintain amount required to keep velocity of exchange stable, but I have no idea how they managed that, other than injecting more money as prices increase. I guess managing amounts is through govt instruments to buy or sell bonds. Anyway, that's still changing the amount of money by force. That's why how much money im circulation defines the price.

Forcing what money that's out there is still market ,amipilation, hence, not a free market. BUXBE work around is amount in circulation is independent of price mechanism because education is permanent set at B60/h, paid by the bank. I know I said this stuff before, but that's the standard to stabilise pricing, therefore making inflation redudant and purchased power for up with less money.

Thanks for the link! I'll go through it later as I'm only on a phone at the moment. Many thanks for going me an option to discuss how BUXBE incentivises creating sustainably. :)

Yes, it is. A non-commodity currency. Makes perfect sense once you get the idea that people give money value, not an authority distributing it.

Have a read of this:
https://buxbe.medium.com/there-can-be-only-one-30f9846e1f95