Nick Wang

@nicwn
2 Followers
19 Following
83 Posts
Ex-MSFT, YHOO. Product Lead who created LEGO Ideas! (The website)
LEGO Ideas' Beginninghttps://www.lego.com/en-us/history/articles/j-lego-ideas

McKinsey estimates contributes $10 TRILLION to annual global GDP! That's the market cap of Apple, Microsoft and Amazon combined!

"The work that mainly women do, mainly unpaid, alongside their paid employment is not an optional extra. This is work that society needs to get done."

Quite quickly, a Dollar : Circles exchange rate will be made programmatically.

You can buy and sell most things within your community with Circles, and when you need dollars, you can exchange it from the community chest.

We can break free from Wage Slavery!

In her book “The Value of Everything”, Mariana Mazzucato laid out the main problems of the current capitalistic system - the narrative that value is created by the “sterile” class (the bankers) rather than the working class;

Trump’s H-1B hike threatens foreign doctors. Women in red states will pay the price.

Rural America is already bleeding: Maternity wards closing due to Medicaid cuts, OB-GYNs fleeing bcoz of Roe v Wade.

How do we fix our country? Our 🌍?

Let's talk about the idea of a Citizen's Dividends 🧵

2. "Community Currencies" happened more often than you'd think. You may be interested to learn about past community currencies like BerkShares and Ithaca HOURS.

Finally, if you live in Europe or Brazil, you can also get the Gnosis Pay VISA card.
https://bit.ly/GnosisPayVisa

What Circles is doing is scaling that trust network with technology, because those centralized regulatory systems always get captured by the rich and powerful.

Now, if you think this is the same as Monopoly money if you can't buy anything with it. You're wrong!

1. You can swap to another currency

The concept of Circles is simple. 1 $CRC per hour, each person's CRC is unique, trade is enabled through trust, which is fundamental to human societies.

Medieval England ran on the community responsibility system until a centralized regulatory system was created with the Glorious Revolution.

Imagine the bankers come begging for bailout the next time they crash the market.

I'd say FUCK OFF!

Billionaires shouldn’t exist! Neither should Marineland. One exploits labor, the other exploits orcas. At least one of them is finally staying shut.

Circles bills itself as a fair-money system to fix problems of today’s monetary policy.

Its core goals are “universal access” and distributed issuance –

→ Every user mints 1 $CRC per hour
→ No central authority, no Fed, no ECB
→ You join via a web of trust—3 people to vouch for you

Once I embraced this truth, I understood:

👉🏽 If we want economic sovereignty, we can’t just fight to own the value of what we produce—
We need to own the apparatus to money creation itself.

Enter: Circles
(Not the K-pop banger by SEVENTEEN—though yes, also 🔥)