How to create a new political party using an internet start-up model
by giving $10 to $15 billion in a new cyber-currency (lifehours)
directly to the middle-class.
Timism's business model does not use Venture Capitalists to write the software code for brainbees. As such, the primary funder and code writer can award the de facto stock ownership of Timism to those who explore and prove out Timism, e.g., homestead political office wage. When signing up, one receives five lifehour credits which are shares of ownership and shares for barter in Timism. Brainbees awards lifehours for each level of which one is a winner as well as bonuses if enacted into legislation--a finder's fee! Plebiscites offer blocks of 1000 shares in a regressive bonus to 1 share.
Anticipated issurance of barter lifehour credits is between 400 and 600 million in the first two years. Or, as they would say on Wall Street, a market cap of $10 to $15 billion. At some point, lifehours will be legal tender for paying loans, taxes and healthcare.
|Uber loses 50 cents on each ride. It lost $1.8 billion in 2018. IPO valuation
$120 billion or, about 1.7 billion shares!
And, the money does not go into the corporation's pocket for plants, production
and jobs but into insider's M&M's--mansions and mistresses.
In a few days in November, 2019, its ousted former CEO sold $750 million of stock (6.1 million shares). He still owned 71.7 million shares of the nearly 2 billion oustanding shares: That is almost $54 billion that will be eventually taken out of middle-class savings and pensions. Stock options and IPOs are why 401ks are the biggest bank robbery in history.
Capitalism is a victim of identity theft. Wall Street hi-jacked the terms and tools of capitalism to decapitalize American production and decapitate American jobs. Capitalism is nowhere near the crime scene of murdering the American Dream. Stock options and IPOs are why in 1980, the top 2% owned 20% of America's wealth but in 2019 the 2% owns over 60%. From 1980 to 2019, workers' retirement wealth dropped by 90%. Biggest bank robbery in history? 401ks.
Initial Timism lifehour awards are large within the marketing concept of loss leaders. Later rewards will reflect the time value of the problem solution, i.e., time is money and money is time (Ben Franklin). Furthermore, Timism has a software package that will save taxpayers over $15,000,000,000, that is, VoteTime, which works on any old computer and printer with a paper trail.
Timism's business model is a democratization of capitalism, that is, Democratic Capitalism. Opting to be a Timist is to be an optimist.
Report Bugs at Bugs@Timism.com
Copyright Robert S. Barnett, 1978-present