Keys to Success

Why Dot Money Will Succeed

1Utility to governments
Dot Money assists governments to provide services similar to social welfare services, which is one of the greatest expenses of government. Hence governments are inclined to support Dot Money. It is the intention of the Global Currency Reserve (GCR) to pay every peaceful person in the world a subsistence level monthly income (equivalent the spending power of about $1,600 USD as of December 1, 2014).

In addition, the Global Currency Reserve can use Dot Money to provide governments with additional liquidity in support of the value of their own currencies and in order to help in times of natural or man made disasters.
2Utility to the financial community
Presently the values of major global currencies are under threat of random, unpredictable and substantial devaluations, which can occur for a variety of reasons including economic, manmade or natural disasters. While Dot Money is not directly fixed to a specific currency exchange rate it is bound by upper and lower exchange rates within specific margins that do not change. Thus Dot Money helps to stabilize the value of all major global currencies and protect countries and their constituents from economic and monetary value collapse, from which they are currently unprotected. Dot Money provides a hedging utility for individuals, institutional traders, fund managers and governments that can help protect the value of their investment portfolio. Dot money strengthens the entire global economy.
3Reduce taxes for businesses
One of the goals of Dot Money is to pay the sales taxes and/or VAT of businesses that accept Dot Money as payment. This should substantially lower costs for all businesses and increase profits.
4Individuals and the will of the people
In order for Dot Money to be successful (even more so than BitCoin and community currencies, such as the Brixton Pound) individuals must take a stand and decide to use and transact in Dot Money as much as possible. People must hold their liquid net wealth in the form of Dot Money and avoid converting back into other currencies as far as possible. Dot Money is not an enemy of any other currency but is rather a manifestation of the evolution of the use of money as a tool to unlock the true potential of individuals rather than allowing money to enslave mankind.

For every person who genuinely wants to end poverty without redistributing wealth or taking anything away from anyone the methodology exists and the time is now.

For centuries people have struggled with economic hardships. Hardships felt by the lower classes of society and to those wealthy people who lose it all for whatever reason. Social welfare programs founded on taxation and redistribution of wealth are not only unpopular with those who have to pay, but are inadequate due to the limited supply of money in our current debt based monetary systems. Thus welfare programs that are paid for by the rich and middle class are unsustainable under the existing debt based monetary supply systems. In fact, use of the debt based monetary supply systems around the world are now threatening the bankruptcy of these very same governments. Dot Money does not seek to eliminate any of the worlds currencies or the sovereignty of any of the countries, but rather Dot Money seeks to help provide governments with a “way out” of the problem and a tool that can help them to retain, and in some cases re-establish, the value of their own currencies and the relevancy of their own governments. None of the current forms of government in the world have ever been able to adequately address the problem of the deprivation of rights to use property that arises randomly for people who find themselves in poverty either through birth or other loss. Every person, both rich and poor must therefore be compensated for the use of property that they would otherwise be able to use to survive (live off the land) if it were not for the existence of the governments whose primary function is to regulate and protect use of property.

Eric Majors author of "Dot Money"