Economics and Finance

1501 Submissions

[8] viXra:1501.0249 [pdf] replaced on 2015-01-31 06:56:00

Mastering Fiat

Authors: Andro Antonopoulis
Comments: 22 Pages. Thank you

A coin users guide to navigating legacy financial systems.
Category: Economics and Finance

[7] viXra:1501.0172 [pdf] submitted on 2015-01-16 19:05:41

U Trio (Usl-5ue-Urf Trio) as a Socio-Economic-Environmental Karma System (Draft1)

Authors: Dongchan Lee
Comments: 10 Pages.

This paper is for overcoming the TOP 5 most critical global crises or challenges of our time for 5 Es (in Education, Economy, Energy, Environment, and Equality), all simultaneously within next 20-25 years or so with the back up plans lining up one after another with the USL 2, 3, 4, 5+ (depending on the monitored progress of the nations around the world). We first briefly describe what USL, 5UEs, and URF Trio are and then give the brief summary of the solutions in terms of the total costs and the time frames to complete the resolutions.
Category: Economics and Finance

[6] viXra:1501.0164 [pdf] submitted on 2015-01-15 14:38:02

Usl-5ues-Ugnse 0.25, 0.5, 1.0 for the Policy Makers & Shapers

Authors: Dongchan Lee
Comments: 7 Pages.

In this short paper, we explain the fundamental premises of USL and 5 UEs, how it operates, and its socio-economic and environmental implications over the next half a century and their initial funding strategies as the original USL is broken into USL 0.25, 0.5, and 1.0 sequentially each of which is designed to boost the regional or national average math skills by ½ year, 1 year, or 2 years respectively, which in turn will trigger the massive surplus economic growths. Using these massive growths, USL1 is trying to resolve the top 5 world global crises within a few decades. The various levels of collaborations, investments and donations are suggested at the end.
Category: Economics and Finance

[5] viXra:1501.0145 [pdf] submitted on 2015-01-13 13:46:40

Top Pitch Points of Usl1 for the Social Causes

Authors: Dongchan Lee
Comments: 4 Pages.

USL1 is the first version of USL (Unified Super Learning) to revolutionize the world using its colossal potential to boost the human capital in unprecedented scale to the economic growth not at the expense of the energy, environmental, social causes, but to sustainably balance them all by creating an international treaty based one 5UEs (Unified 5Es: Education  Economy  Energy  Environment  Empowerment/Equality) in the chronological order and thus positioned to resolve the top 5 global challenges or crises (Education crisis, Sovereign Debt crisis, Depleting Energy & Resource crisis, Environmental and Ecosystem destructions, including the climate change, and the Post-2015 issues especially the global poverty).
Category: Economics and Finance

[4] viXra:1501.0113 [pdf] submitted on 2015-01-09 14:39:51

Usl Paper Series 1: Back of the Envelope Calculations to Estimate the Usl1 Contributions to Resolve Four of the Most Critical Global Crises from the Economic or Budgetary Points of Views of Governments and the un

Authors: Dongchan Lee
Comments: 11 Pages.

We demonstrate here, with a bit of over-generalization to point the most critical issues for both the governments worldwide and the UN, that the USL1 (which is the version 1 of USL to boost the worldwide or national average math skills for students by quickly advancing 2 years) alone will have the immense economic growth impacts around the world after the short math education reform times in the participating nations. As the world average GDP growths may rise very fast with 3-5-10-15 times within first a few decades, the 4 of the most grave global crises that can be helped by budgeting or financing to resolve them can be solved. These 4 global crises treated here are 1) the transition to the quasi-complete renewable energy 2) sovereign debts 3) climate change damage costs 4) the post-2015 costs. The surplus gains of the national or world GDPs due to USL1 alone seem to be able to resolve all of them at the same time and for the post-2015 multiple times more. Finally, we provide the USL-5UE-URF Trio schemes to the governments, NGOs, and the UN.
Category: Economics and Finance

[3] viXra:1501.0025 [pdf] submitted on 2015-01-02 10:11:15

From Software Crisis to Informational Money

Authors: Jan A. Bergstra
Comments: 5 Pages.

Some comments are made on the societal impact of software engineering, with a focus on the impact of software engineering concepts on the development of informational money as well as on the concept of money at large.
Category: Economics and Finance

[2] viXra:1501.0021 [pdf] submitted on 2015-01-01 16:50:38

Bitcoin and Islamic Finance

Authors: Jan A. Bergstra
Comments: 19 Pages.

It is argued that a Bitcoin-style money-like informational commodity may constitute an effective instrument for the further development of Islamic Finance. The argument involves the following elements: (i) an application of circulation theory to Bitcoin with the objective to establish the implausibility of interest payment in connection with Bitcoin, (ii) viewing a Bitcoin-like system as a money-like exclusively informational commodity with the implication that such a system need not support debt, (iii) the idea that Islamic Finance imposes different requirements compared to conventional financial policies on a money concerning its use as a tool for achieving social and economic objectives, and (iv) identification of two aspects of mining, gambling and lack of trust, that may both be considered problematic from the perspective of compliance with the rules of Islamic Finance and a corresponding proposal to modify the architecture of mining in order to improve compliance with these rules.
Category: Economics and Finance

[1] viXra:1501.0005 [pdf] submitted on 2015-01-01 07:05:10

Bitcoin: not a Currency-Like Informational Commodity

Authors: Jan Aldert Bergstra
Comments: 14 Pages.

Six assertions concerning the status of Bitcoin are formulated and defended: (i) Bit- coin is not and will not become a currency-like informational commodity, (ii) currency- like informational commodities that aren’t currencies must be frauds, (ii) specific BTC amounts may become monetized and thus may be turned into financial assets, (iii) currently no BTC amounts are monetized in any currency area and therefore none are financial assets, (iv) by means of burocratic steps only some BTC volumes can be turned in to an informational currency within a given currency area, modified client software is not required for that step, (v) if a specific amount of BTC qualifies as currency, it also qualifies as money, (vi) moneyness of Bitcoin, or rather of a specific occurrence of an amount of BTC, should be questioned only after one has agreed positively on its status as a financial asset, and negatively on its status as an amount of currency. Factions in the Bitcoin promoting movement are viewed from a perspective of organizational multi-threading. Different factions of the Bitcoin movement may wish to see status issues about Bitcoin settled in different ways. Overall consistency in these matters should not be expected from the union of factions in the Bitcoin movement.
Category: Economics and Finance