Juan is EVP of Strategic Partnerships and Chief Transparency Officer at Bitreserve.org, a cloud-based payment network that allows members to remove bitcoin’s volatility and merchants to receive payments at zero cost.
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Peer2Politics
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on peer-to-peer dynamics in politics, the economy and organizations
Curated by
jean lievens
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Gar Alperovitz is an economist and historian at the forefront of the movement for a new economy. Join the discussion today. 
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A new book by French economist Thomas Piketty on "Capital in the Twenty-First Century" has recently caused a major stir on the opinion pages of newspapers and magazines. Piketty has resurrected from the ash heap of history Karl Marx's claim that capitalism inescapably leads to a worsening unequal distribution of wealth with dangerous consequences for human society.
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If HullCoin can spark a new inclusive economy which creates gives poor people guaranteed material benefits (e.g. rent, tax and food) from poor people doing voluntary work, then the strategy should work in other communities. It could take off like wildfire. Now that really would be revolutionary with prosperity being created from the bottom up. The question would then become would central governments give up the power to “run” (more like meddle in) economy. Another question is, how will volunteers be managed, so they do really productive work?
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Programs to manage poverty in the United States aren’t cheap either. The combined costs of supplemental food assistance, Earned Income Tax Credit, and Medicaid top a trillion per year, according to the Cato Institute –over $20,610 per year per poor individual, when the minimum poverty threshold was $12,119 in 2013.
Àqíł Štår's curator insight,
February 25, 2014 9:07 AM
Free money does not quite solve poverty.sometimes it makes it worse because if the government have to give free money then there won't be enough of it. This will cause the whole state of even the whole country to be in poverty. 
Shareezan's curator insight,
February 27, 2014 3:42 AM
I can see that it is not easy to solve poverty problems as it can cost or use up a lot of money. As there is a huge percentage of poverty, it is going to use up a lot of finance to help every single one. For Singapore it is a small country so it is not a big issue. For other countries on the other hand, it is the worst problem to counter. I think the government is trying their very best to help as much as possible but they cannot do every single one. I wonder will the people understand what is the government trying to do? 
viknesh's curator insight,
March 2, 2014 9:40 AM
Generically, the problem is how we handle money, not how much money we have (or don't have). When apples cost 5 cents we had poverty, now they cost a dollar and we have poverty. 'More Money' was why we went from gold to paper. Generically, those with credit or an inheritance have the means to move ahead, and those with help fall behind. They are just trading places, one moves up as another moves down. To solve the problem of poverty (inequality or concentration), then we need to look at how we handle money, and in particular how things are valued. People scream about wage and price controls destroying the free market, but we have wage and price controls already, set by business owners (like me). The system can't work, because competition makes us grotesquely inefficient, which is really what poverty represents.
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Andrew Walker's comment,
February 2, 2014 6:59 AM
i agree with you. The community does have a big impact on poverty. If everyone helps out, poverty may be at a very small amount today. Even though people have their own lives to tend to, it shocks me that more people of the community are not helping.
Belinda Lee's curator insight,
February 6, 2014 11:17 AM
Connections: This shows that connections with peers and families do help to reduce poverty as the strong willpower they have withstands it. Encouragement, support and inspirations do help too, as studies shown. Whaticia came up with a STOP Senseless Tragedies Oppressing Our People campaign which encourages people to provide encouragement and support as a way to help one come out of poverty. 
Eugene Yong's curator insight,
February 22, 2014 12:05 PM
Connect:This article is about how the safety net systems is critical to help the low income people from falling out. i think it is important to help families leave poverty and gain economic and social mobility. In Singapore, we have a lot of welfare assistance to help the needy, for example:'' Sinda Fund(Singapore Indian Association) '' provides assistance for fellow Indian people. I think we should also learn from the African American parents in New Orleans who started a social club to provide activites and cultural events for their children and also prepare their children to rebuild after the disaster.
Extend: We can learn from what other countries do in the safety net system to help their people. The examples quoted under FII are useful references.Perhaps other countries can also learn and create such safety nets system to help their poor people. These support systems can help to fight poverty.
Challenge: I think that safety nets system also need funding to be able to carry out the activites. It may be the duty for everyone to take part and help to improve society and help the needy to escape poverty. I also believe that low income families should also be pro active and help themselves by legal means and not forever rely on the support systems.
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As part of a series of filmed conversations on the theme of ‘Change through Sharing’, STWR’s director Rajesh Makwana was interviewed earlier this year about the political implications of global economic sharing for a world in crisis.
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In 1977, the U.S. agency of Housing and Urban Development audited the real estate industry and discovered that blacks were shown fewer properties (or were told they were unavailable) and treated less courteously than their white counterparts. Today, the Information Age has introduced modern discrimination problems that can be harder to trace: From search engines to recommendation platforms, systems that rely on big data could be unlocking new powers of prejudice. But how do we figure out which systems are disadvantaging vulnerable populations—and stop them?
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From
recode
Filmmaker Ken Fisher was preparing about a hundred tech workers to find, talk to and videotape homeless people in the vicinity of the Twitter building in midtown San Francisco.
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http://goo.gl/Bp1gAa Simon Dixon discusses banking, Bitcoin and poverty in Europe live on Press TV.
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On the 25th October last year Paul May, Jason Chan and William James were arrested for stealing food from dustbins behind an Iceland supermarket in Kentish Town and charged under The 1824 Vagrancy Act.
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A Florida philanthropist is using an alternative currency to help Pensacola's homeless population (RT @tom_watson: Bitcoin feeds the homeless. I like this story.
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