How to Build a New Level

of Community Using

Currency

A new opportunity to build an Egalitarian Community

Why do we need a new currency?

Chris Martenson in his online Crash Course has shown how the Economy, Energy and the Environment are connected

Destruction of our environment, pollution, a desperate search for new raw materials, climate change – all are linked to the way that our fiat currency, the £, has been designed – it needs growth and inflation to avoid collapse

In 1931 the UK came off the Gold Standard and the £ became a fiat currency, which was a licence for the Bank of England to create unlimited money

Fiat means order or decree – it is money because the government says it is – its value is based on faith

Since then wealth has been channelled increasingly to 0.01% of the population – is it a coincidence that these are banking families, Rothschilds, J.P. Morgan etc ???

Exponentially growing debt is the reality

for the remaining 99.99%

Weaning ourselves off fiat currencies

Cycles of boom and bust have always occurred with fiat currencies –

history is littered with the remnants for thousands of years. No fiat

currency has ever survived the test of time.

If you are not aware of this yet and want to explore it more – read J.S.

Kim “The Golden Gift” on Lulu.com ( all profits donated to charity )

The longer we rely on £ sterling without a gold standard to hold it in

check the more likely it is to collapse.

Unfortunately we cannot abandon £ sterling completely because it is the

legal currency of the land and we need to pay our taxes with it.

However, this doesn’t mean we have to use it exclusively!

Who should hold the power?

The design of currencies is not really an economic issue it is a sociological one

Those who create money have power over us

For centuries the power to create money has been surrendered completely to banks

We allow Central Banks to manipulate the economy and other banks to hold the power to issue debt and control how much currency is circulating in our economy

Without debt there could be no fiat currency to move around the economy which makes us all completely dependent upon the banks !

Is Reform the solution?

Money Reformists, like the Positive Money movement, suggest that National Government should take away the power of the Bank of England and print money themselves – this would abolish National Debt and put the power in the hands of the government.

BUT – do we trust government to design a currency that would be to our benefit?

Why not take back the power ourselves?

We can create our own currency

and reduce the amount of power

that banks and governments have

over us

We can do everything we possibly

can to remove ourselves from the

prison of exponentially growing

debt that is sending us over a cliff

towards climate change

How should a currency be designed?

No interest charges should be

incurred for loans

Fractional Reserve Lending

needs to be prohibited

These two are the primary

factors that lead inevitably to

exponential growth and

hyperinflation

If a currency is 100% backed by

Gold then we can have a stable

currency without boom and bust

cycles

Rules for a User Created Currency

A currency can be created by users of the

system, not bankers and not governments. This

way we control our own lives.

The costs for transferring money between users

should be minimised.

The people in charge of looking after the system

that manages transactions are entitled to earn a

modest living but should not become the

wealthiest in the community.

The main objective should be to bring benefits

to the users of the system not those who run it.

What is a community currency?

A community currency is a currency that is owned by the community that uses it

A community currency benefits the community that makes use of it in social, and environmental as well as economic ways

A community currency is created by the individuals that make up this community

Is such a currency possible?

Meet the UK Karatbars Exchange

Members of this community have the choice of using two currencies.

The first is called the Realm

The second is called Karatpoints

Both of these currencies are linked to the value of 1gm Gold in the form of a classic Karatbar

What are Karatbars?

Where do we get them from?

Go to www.karatbarslancaster.co.uk

How do we spend them?

Option 1 – Carry them around and spend them in local businesses that set themselves

up as K-Exchange Centres

Option 2 – Exchange a physical Karatbar for the online digital currency called the

Realm in the UK Karatbars Exchange

The first option is easiest, especially if you like the convenience and anonymity of

physical cash

But K-Exchange Centres will need to have a margin of between 10-15% to make it

worth their while to buy and sell Karatbars

There is also the risk of loss or stealing while carrying them in your wallet

The second option gives you 100% of the value of the Karatbar to spend anywhere in

the UK and charges no transaction fees.

You can use a Mobile or a PC or a Tablet to transfer value from one member to another

Where does cash fit into all this?

Why use Gold as a commodity to back Realms?

It is the only commodity that is recognised around the world as

deriving its value from its use for storing value i.e. as money! It does

not deteriorate over thousands of years and it is not used for many

industrial purposes.

Because of this it is the only commodity that is free from VAT!

The value of the £ is designed to become less over the years

( £1161.80 was required in 2011 to buy the same in 1970 for £100 )

(1 gm Gold was worth 15 shillings in 1970 – today it is worth around £40 )

Currencies around the world used to be backed by Gold – economies

were a lot more stable then

For long term resilience are we better backing Realms with the £ or

with 1gm Gold?

Do prices go up over the years?

Do £’s fluctuate against the $

Do Euro’s fluctuate against the $ ?

Does the price of Gold vary against the $ ?

What has happened to Stocks and Shares

over the last few years?

Let’s Focus on Gold Prices in 2015

And in the last 60 days …..

Quote from Market Watch

Article 6th October

“Mark O’Byrne, research director at GoldCore in Dublin, was today bullish on

the outlook for gold prices.

He believes that gold may have “bottomed in the summer,” and could climb

to as high as $1,300 an ounce by the end of this year.

And longer term, O’Byrne expects gold to “double in price and surpass its

inflation-adjusted high of $2,500 per ounce in the next 3 to 5 years.”

The metal “remains undervalued when compared to assets such as stocks,

bonds and property—all of which have surged in recent years,” he said.”

These predictions are basically saying that prices of Karatbars could rise from

£40.08 today up to £45.69 by Dec 31st and up to £88.17 in the next 3 to 5

years.

Why buy Gold and use it for Trading?

The price of Gold against the £ can go up or down BUT at this moment in time the

price is far more likely to go up than down as a general trend

The general trend could be upwards for the next 10 years like it did from 2000 to

2011

Along the way there will be ups and downs

As a community if we use Realms backed by Gold we will have a growing common

reserve of gold that is highly likely to increase in value

By using Realms to trade when the price is increasing both parties benefit

By buying more Karatbars and exchanging them for Realms when the price is

decreasing then there is more value to gain as the price starts to increase again

You can’t do this with a community currency backed by the £ as the £ always

decreases in value as time goes on

Do we all now understand why we could all

benefit by buying Karatbars and to start to

trade with Realms?

What are Karatpoints?

We are not creating currency by exchanging £’s for Karatbars and then

for Realms. All we doing is exchanging measures of value and

preserving it within the community.

Karatpoints are how we introduce liquidity into our community that

isn’t there at the moment.

Business members or Organisation members of the Karatbars Exchange

are allowed to issue Karatpoints against an overdraft limit they are

awarded according to the level of Business Package they choose

They can award them like loyalty points to make a purchase from

them more attractive

They can accept payments in part Karatpoints and part Realms.

They can pay off their overdraft by converting Realms to Karatpoints

or by accepting payments in Karatpoints

How do Karatpoints create liquidity?

Businesses and Organisations can trade with each other using

Karatpoints and Realms

By making use of their overdraft facility a business is effectively

taking on a loan from other businesses interest free

The businesses who give loans can get their loans paid back by trading

with other businesses and organisations so the loan is being passed

around

It gets paid back when someone decides to convert Realms to

Karatpoints so that they stop having to pay their overdraft fee of 0.01

Realms per month per 1000 Karatpoints overdrawn

Karatpoints allow the community to get round the limitations of there

being insufficient money around to pay for their goods and services.

The entire business community can create liquidity to work together

Who pays for the cost of administering

the UK Karatbars Exchange?

The simple answer is - Karatbars International plc

Each business and organisation joining the exchange will become a marketing affiliate

of Karatbars International

Each business and organisation earns commissions for introducing other businesses and

organisations to the exchange and points for each Karatbar bought by their customers

The design of the commission structure means that each affiliate only needs a team of

two others and then helps them to build their team

The exchange will grow through word of mouth and the commissions earned will

hopefully cover the full costs of administering the system

No charges need to be made for individual users of the system

Recap - Rules for a User Created Currency

A currency needs to be created by users of the

system, not bankers and not governments. This way

we control our own lives.

The costs for transferring money between users

should be minimised.

No interest charges should be incurred for loans

Fractional Reserve Lending needs to be prohibited

The people in charge of looking after the system that

manages transactions are entitled to earn a modest

living but should not become the wealthiest in the

community.

The main objective should be to bring benefits to the

users of the system.

Where do we go from here?

Some of you may want to start purchasing some Karatbars for yourself while

the price is still relatively low.

Some of you may want to join the UK Karatbars Exchange as a free member so

that you can exchange Karatbars for Realms and then spend Realms and

Karatpoints.

What I need is a team of businesses and organisations who I can help to

promote this opportunity to others

Each member of that team will become an affiliate of Karatbars to start

earning commissions as we recruit more businesses and organisations into our

team

Lancaster can be the first city to really get to grips with using a gold backed

currency again so that we can then help others to share in this truly equitable

community currency

Contacts

Tony Haslam No Ink Marketing 07428 669856

tony@noinkmarketing.digital

http://www.karatbarslancaster.co.uk

To Purchase Karatbars online

http://www.karatbarsexchange.co.uk

To become a member and trade 100% of the value of your

Karatbars using Realms and Karatpoints

https://www.facebook.com/The-Realm-Exchange-

800749196712135

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