Imagine a diverse, borderless nation that includes a Universal Basic Income for all of its citizens. UBI that is not treated as a “hand-out” but instead represents a “hand-in-hand” from all participants equally.
Imagine that — instead of a Central Bank — all citizens work together to decide the direction of their economy within a structure of defined constraints and informed consent.
Imagine that the principles of a direct democracy are applied to this shared economy in a completely decentralised manner.
Congratulations, you have now imagined the project—currently underway—named Freeos.
Freeos stands for freedom. It is a tool for economic freedom. It represents a lighter — more free — alternative to a central bank. It includes — through voting — the freedom to directly determine one’s economic well-being. The term, Direct Economy, describes this new application of direct democracy towards economics.
As the opening statement suggests, Freeos can be likened to entry to a borderless, globally distributed nation with a firm policy of Universal Basic Income. This unique version of UBI comes with two basic conditions: that one has a basic economic stake in the nation, and that one participates in the Direct Economy through voting.
