A Kid-friendly Introduction to Multidimensional Monetary Systems
Using our current monetary system, we would have to pump billions and billions of dollars into a city to activate its economy. Then, the city would have to generate high revenue from exports, and attract foreign investment to keep its tempo.
A self-sustaining city requires a dynamic internal economy that doesn’t depend on external capital to keep it going. A multidimensional monetary system using cryptocurrencies pegged to the ecosystem can do the trick. Sounds complicated? Not after you watch this video. It’s been tested with kids in elementary and they get it.
Pukika INCEPTION could allow users to experiment with different number of dimensions or assigning different tasks to the dimensions. After all, Multidimensional Monetary Systems are a flexible system that adapts to the community’s needs and values.