Wednesday 19 September 2012

Toba Unit of Account : Terms of Use



“Living together” is the main basic concept for human societies. For decades, particularly in western countries, money and finance have been putting pressure for this idea to be forgotten. The Toba Unit of Account is designed to make knowledge exchange easier and gives innovative processes a good momentum. Unlimited credits is not a reasonable way to go because money is not an asset, or an item of wealth, like coal or wheat, it’s only a tool!!!


The equation below explains the process: 

Toba Unit of Account = (initial asset / hourly basis) * skills exchanges


You have a real asset: Use it to back a Toba unit of account and start a project with skilled partners. Once the sustainable project works well, following the concept of mitigative business, your asset is the initial wealth of a good economic momentum.
You have useful know how: Imagine what you can do for others, using the scheme of mitigative business.
 You need help from skilled people:  Explain your needs and expectations accurately. 



If I could travel back in time as a “goldsmith”, I think I could give “ad hoc” I.O.U (I owe you) only to manage the exchanges of goods and services in my area, or following a goal. We can’t create money only for consumption, but for actions in the real world.

 


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