I'm here to change the internet!

submitted by _Fi from self.Introductions

sorted by:
top
newinsightfulfun
you are viewing a single comment's thread.

view the rest of the comments →

[–]_Fi[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (3 children)

Actually Fi will have a financial system based on community member points distribution and community driven treasury. Open-source projects and platforms will be created by Fi Organization/Fi Members and the profit/donation that has been gained by this projects will go to the treasury. Because of the voting system which controls money and the rules, our time will have a value and money either. Distribution of community member points(or basically points) will be determined by rules and will be based on contributing to the Fi Projects and doing some tasks that has been set by community. Points are non-transferable and you can only spend them for voting system(and as i said before generally used to distribute money to the community).

[–]Evola 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

Ah I get it. A pyramid scheme.

[–]_Fi[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

No, points will be decreased periodically and non-active community members will lose power in this system. As you can see Fi doesn't has a referral system and does not provide any interest rate,loan,deposit or anything related to pyramid scheme(or banking system either). People only take the money for the contribute they do and the time has been spent. However i will describe Fi completely in the future...

[–]Evola 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Right so the idea is that of a digital commune.

So the issues are more social in that you'll have to filter out liers who take out more than they put in.