WORLD BASIC INCOME

 

A sovereign wealth fund is being created to provide up to 100 million people with an experimental World Basic Income.

The World Basic Income Program is being launched to end global poverty post-COVID-19. An Earth Sovereign Wealth  Fund is being created to fund the World Basic Income Program, which is modeled after the Norwegian Sovereign Wealth Fund which successfully generated $131 billion to give it its citizens in 2017. The World Basic Income Program is not tied to any country, nor is it tied to any national debt, so it is an elegant solution to end poverty and hunger worldwide without stressing the global financial system.

As people struggle during record unemployment worldwide during the Coronavirus COVID-19 Pandemic, World Basic Income (WBI) is a very simple solution to create prosperity and increase the quality of life by giving people money which we call World Basic Income and sometimes called Basic Income or Citizen’s Income, which have agreed to live a sustainable lifestyle. World Basic Income Program benefits both people and businesses.

We plan to give about $1,000 per month in World Basic Income to 100 million people during the Coronavirus COVID-19 Pandemic. This will be on a first-come-first-served basis and as per rollout by geographic location. The $1,000 per month is equivalent to $1,000 USD in buying power in the USA and will be adjusted from country to country depending on the standard of living of each country. The WBI program will begin once we reach 100 million registrants. People will have to wait for the next round, once the first 100 million registrants are filled up. The WBI is paid in the form of the Earth Dollar and other cryptocurrencies, convertible electronically to local currencies such as USD, Euro, Yen, and so on.

A World Basic Income grows and stimulates the economy because people can acquire good food and services out of reach of their current budget. Jobs are created because businesses have more income. If not enough money is circulating, nothing moves off the shelf! The idea is supported by many people from countries such as Finland, Switzerland, Namibia, and Alaska. It gives every person on Earth a chance to succeed in life.

What is Basic Income?
Basic Income and COVID-19
How is money created for the Basic Income?

The World Basic Income Program is being launched to end global poverty post-COVID-19. An Earth Sovereign Wealth  Fund is being created to fund the World Basic Income Program, which is modeled after the Norwegian Sovereign Wealth Fund which successfully generated $131 billion to give it its citizens in 2017. The World Basic Income Program is not tied to any country, nor is it tied to any national debt, so it is an elegant solution to end poverty and hunger worldwide without stressing the global financial system.

As people struggle during record unemployment worldwide during the Coronavirus COVID-19 Pandemic, World Basic Income (WBI) is a very simple solution to create prosperity and increase the quality of life by giving people money which we call World Basic Income and sometimes called Basic Income or Citizen’s Income, which have agreed to live a sustainable lifestyle. World Basic Income Program benefits both people and businesses.

We plan to give about $1,000 per month in World Basic Income to 100 million people during the Coronavirus COVID-19 Pandemic. This will be on a first-come-first-served basis and as per rollout by geographic location. The $1,000 per month is equivalent to $1,000 USD in buying power in the USA and will be adjusted from country to country depending on the standard of living of each country. The WBI program will begin once we reach 100 million registrants. People will have to wait for the next round, once the first 100 million registrants are filled up. The WBI is paid in the form of the Earth Dollar and other cryptocurrencies, convertible electronically to local currencies such as USD, Euro, Yen, and so on.

A World Basic Income grows and stimulates the economy because people can acquire good food and services out of reach of their current budget. Jobs are created because businesses have more income. If not enough money is circulating, nothing moves off the shelf! The idea is supported by many people from countries such as Finland, Switzerland, Namibia, and Alaska. It gives every person on Earth a chance to succeed in life.

What is Basic Income?

Basic Income and COVID-19

How is money created for the Basic Income?

Poverty is created by man. This year we shall uncreate poverty with the start of the World Basic Income Program.

What is World Basic Income?

World Basic Income (“WBI”) is a very simple solution to create prosperity and increase the quality of life by giving people money in the form of Earth Dollar and other cryptocurrencies which we call World Basic Income and sometimes called Basic Income or Citizen’s Income, which have agreed to live a sustainable lifestyle. World Basic Income Program benefits both people and businesses.

A World Basic Income grows and stimulates the economy because people can acquire good food and services out of reach of their current budget. Jobs are created because businesses have more income. If not enough money is circulating, nothing moves off the shelf! The idea is supported by many people from countries such as Finland, Switzerland, Namibia, and Alaska. For example, 46% of Canadians according to one poll and has a wide political spectrum of support because of it not only helps people, it can also save money by reducing bureaucracy and poverty-related health care and criminal justice expenses. More than that, it gives every child a chance to succeed in life.

An online poll (Tagesanzeiger.ch) showed that 49% of the Swiss would vote in favor of World Basic Income, while 43% are against it and another 8% said it depends on the amount. The Canadian Medical Association endorsed World Basic Income in the Summer of 2015 and nearly 200 physicians signed a letter to Ontario’s health minister calling for a pilot project because “income is the great divide when it comes to Canadians’ health.”

See the World Basic Income White Paper

My eldest brother died from starvation in China after WWII and our family was deeply affected by poverty. I feel it’s my moral duty to End Global Poverty in my lifetime. – David Kam, Founder of World Basic Income and the Earth Dollar -.

We use the “7 Laws of Abundance” to Create the World Basic Income Program

The 7 Laws of Abundance was first described by Deepak Chopra from the Metaphysics of Money; he is a prominent figure in the alternative-medicine movement and a successful author Let’s see how the 7 Laws of Abundance will be used to co-create the World Basic Income Program. The World Basic Income program is possible because human consciousness is infinite, and we live in a field of infinite possibilities. Therefore, wealth, prosperity, and abundance are also infinite.  So the only limitations for wealth, prosperity, and abundance are not imposed by nature but imposed by the laws of man, thus creating the conditions for perpetual poverty.

Money is a human construct. Also, poverty is a human construct. To end global poverty, we must first understand what is money and how to lift the limitations that create scarcity, and poverty.

Money is nothing more than our collective agreement on how we value things and how we exchange things. Therefore,  Our Mother Earth Constitution simply enrolls billions of people to collectively redefine money and its value. Our current financial system uses debt (meaning death pledge) and scarcity as the basis of value and money creation. Our Mother Earth Constitution shifts our collective agreement to redefine value and the creation of money in terms of the wellbeing of Mother Earth, abundance, and human creativity; we use the World Bank’s Natural Capital Accounting System to measure the value of nature, manufactured products, and creative products.

So here are the 7 laws of abundance concerning the World Basic Income Program, which is written into Our Mother Earth Constitution:

  1. The Source of abundance is infinite. The source of abundance is infinite because the source of every experience is our consciousness and consciousness by definition is non-local. It has no form, ergo it is infinite. We are ending global poverty by enshrining into law of wealth, prosperity, and abundance into Our Mother Earth Constitution, thus overriding the principle of scarcity and global poverty.
  2. Start by giving whatever you want to receive. The second law of abundance says that start by giving to others whatever you want to receive more. For example: if you want love, give love. If you want attention, give others attention, etc. Just like that if you want wealth, find a way to make others wealthy. Don’t stop the flow of abundance by hoarding money. Also, be grateful for everything you already have. We have enshrined the “giving principle” into law within Our Mother Earth Constitution. The more you give, share, and gift, the more WBI you will receive.
  3. Money as an exchange of values. This law talks about the morality of the people who are using money. Bad karma equals bad money. In the concept of Buddhism, right livelihood is that kind of livelihood that creates joy & abundance in the world. A livelihood that improves the quality of life.   Using the gift of WBI to harm others and to harm Mother Earth produces bad karma. You may lose your gift of WBI when you use the money to do harmful things.
  4. Wealth is a state of consciousness The state of consciousness that is required to attract wealth and is none other than spontaneous creativity. When there is spontaneous creativity there is no resistance. As you allow your spontaneous creativity to create happiness for yourself and for others, it will activate intention and it will also find many ways to fulfill that intention. We encourage recipients of WBI to explore their spontaneous creativity and to register their creations as a global commons. Create happiness for others with your WBI.
  5. Intention & Attention in the field of consciousness. The fifth law is to have intention & attention in the field of infinite possibilities, & then to transcend with that intention. You can transcend through music, a walk-in nature, poetry, dance, etc. You can also sit with other like-minded people and whatever you give attention to, just emerges. WBI will allow you to spend more time with your children, family, friends, do charity work, and engage in creative projects. Don’t miss this opportunity for intention and attention.
  6. Let go!  The sixth law is the law of detachment. You lose whatever you grasp & cling to. Attachment prevents the flow that attention & intention need to achieve its goal. Letting go is the key to abundance. We have built the WBI program around detachment by encouraging giving a portion of your WBI to help others and to support charitable causes.
  7. The purpose of wealth is to create joy & happiness (for us & everybody else). Again, if your money isn’t going anywhere or if it is not helping someone then it is not serving its true purpose & potential. The WBI program is designed to bring joy and happiness to people. Also, we measure progress and success by wellbeing and happiness.

We use the “7 Laws of Abundance” to Create the World Basic Income Program

The 7 Laws of Abundance. by Deepak Chopra

The 7 Laws of Abundance was first described by Deepak Chopra from the Metaphysics of Money; he is a prominent figure in the alternative-medicine movement and a successful author Let’s see how the 7 Laws of Abundance will be used to co-create the World Basic Income Program. The World Basic Income program is possible because human consciousness is infinite, and we live in a field of infinite possibilities. Therefore, wealth, prosperity, and abundance are also infinite.  So the only limitations for wealth, prosperity, and abundance are not imposed by nature but imposed by the laws of man, thus creating the conditions for perpetual poverty.

Money is a human construct. Also, poverty is a human construct. To end global poverty, we must first understand what is money and how to lift the limitations that create scarcity, and poverty.

Money is nothing more than our collective agreement on how we value things and how we exchange things. Therefore,  Our Mother Earth Constitution simply enrolls billions of people to collectively redefine money and its value. Our current financial system uses debt (meaning death pledge) and scarcity as the basis of value and money creation. Our Mother Earth Constitution shifts our collective agreement to redefine value and the creation of money in terms of the wellbeing of Mother Earth, abundance, and human creativity; we use the World Bank’s Natural Capital Accounting System to measure the value of nature, manufactured products, and creative products.

So here are the 7 laws of abundance concerning the World Basic Income Program, which is written into Our Mother Earth Constitution:

  1. The Source of abundance is infinite. The source of abundance is infinite because the source of every experience is our consciousness and consciousness by definition is non-local. It has no form, ergo it is infinite. We are ending global poverty by enshrining into law of wealth, prosperity, and abundance into Our Mother Earth Constitution, thus overriding the principle of scarcity and global poverty.
  2. Start by giving whatever you wanna receive. The second law of abundance says that start by giving to others whatever you wanna receive more. For example: if you want love, give love. If you want attention, give others attention, etc. Just like that if you want wealth, find a way to make others wealthy. Don’t stop the flow of abundance by hoarding money. Also, be grateful for everything you already have. We have enshrined the “giving principle” into law within Our Mother Earth Constitution. The more you give, share, and gift, the more WBI you will receive.
  3. Money as an exchange of values. This law talks about the morality of the people who are using money. Bad karma equals bad money. In the concept of Buddhism, right livelihood is that kind of livelihood that creates joy & abundance in the world. A livelihood that improves the quality of life.   Using the gift of WBI to harm others and to harm Mother Earth produces bad karma. You may lose your gift of WBI when you use the money to do harmful things.
  4. Wealth is a state of consciousness The state of consciousness that is required to attract wealth and is none other than spontaneous creativity. When there is spontaneous creativity there is no resistance. As you allow your spontaneous creativity to create happiness for yourself and for others, it will activate intention and it will also find many ways to fulfill that intention. We encourage recipients of WBI to explore their spontaneous creativity and to register their creations as a global commons. Create happiness for others with your WBI.
  5. Intention & Attention in the field of consciousness. The fifth law is to have intention & attention in the field of infinite possibilities, & then to transcend with that intention. You can transcend through music, a walk-in nature, poetry, dance, etc. You can also sit with other like-minded people and whatever you give attention to, just emerges. WBI will allow you to spend more time with your children, family, friends, do charity work, and engage in creative projects. Don’t miss this opportunity for intention and attention.
  6. Let go The sixth law is of detachment. You lose whatever you grasp & cling to. The attachment prevents the flow that attention & intention need to achieve its goal. Letting go is the key to abundance. We have built the WBI program around detachment by encouraging giving a portion of your WBI to help others and to support charitable causes.
  7. The purpose of wealth is to create joy & happiness (for us & everybody else). Again, if your money isn’t going anywhere or if it is not helping someone then it is not serving its true purpose & potential. The WBI program is designed to bring joy and happiness to people. Also, we measure progress and success by wellbeing and happiness.

Total Value of Nature (the entire Earth) In an extensive study led by Robert Costanza, thirteen ecologists, economists and geographers estimated the global value of 17 ecosystem services at $145 trillion USD per year updated as of 2014. The results were published in the journal Nature. We believe this year’s figures will be much higher due to inflation. -.

Pilot Program

For our pilot project,  approximately 100 million people are expected to be paid a World Basic Income in cash (a basket of allied cryptocurrencies including the Earth Dollar).

As COVID-19, joblessness, and automation sweeps across the world, and widespread 3-D printing becomes a reality there will be fewer jobs available, so the World Basic Income program makes more sense.

You can enjoy the financial freedom of spending more time with friends and family.

“As long as poverty, injustice and gross inequality exist in our world, none of us can truly rest.”— Nelson Mandela, Former President of South Africa

Human Rights

Income security is recognized in the United Nations Universal Declaration of Human Rights (Article 22: Everyone, as a member of society, has the right to social security and… realization… of the economic, social and cultural rights indispensable for his dignity and the free development of his personality). The dignity of the individual must include the opportunity to live freely and responsibly within society.

Austerity measures in the last decade have hurt individuals, families and future generations. The World Basic Income provided by this program grants a measure of freedom to everyone and is designed to end austerity measures.

Avoiding Discrimination

Being poor is not only hard, but it is also humiliating. By giving benefits to all the people who are registered citizens, humiliation is removed. The 1948 Universal Declaration of Human Rights enshrined this principle in its preamble: ‘recognition of the inherent dignity and of the equal and inalienable rights of all members of the human family is the foundation of freedom, justice, and peace in the world’. Within our present economic system, life depends on obtaining food, clothing, and shelter through money. One can also pay by way of vouchers, for which you have to go to an office and line up to apply. Users of such vouchers are able to purchase only what is designated while individuals with money are able to decide how to use their finances freely. These are both forms of discrimination and cause for humiliation. The legal right to a World Basic Income transfer payment enables a dignified life with the opportunity to participate in society. It also fulfills the right to a life free from discrimination on the basis of poverty.

Our judgments of the poor hurt a lot of good people.. World Basic Income program is open to everyone without any judgment. It provides the means for dignity and respect to all our relations in the human family.

CONFERENCES:
RESET & UPGRADE OUR ECONOMIC SYSTEMS

With the Coronavirus COVID-19 Pandemic still raging across the globe, the modern world has been shut down for five months and is just in the process of reopening. This shutdown has caused a global recession of unprecedented proportions, creating economic instability, joblessness of up to 40%, and an avalanche of bankruptcies worldwide.

Experts say a COVID-19 vaccine may take 18 months to more than 2-years to develop. Furthermore, there is still no vaccine for viruses like HIV even after 40 years of research and development. So these crises are not going away anytime soon.

AN OUTDATED ECONOMIC SYSTEM

The current extractive economic system created during the Industrial Revolution in the 1700s has never worked for 99% of the people. Only 1% of the people control 82% of the wealth of the world; our economic system is inherently unfair. (source: CNBC, The 1% will always control the wealth – and here’s how they do it). Not only is it unfair, but this exponential accumulation of stored wealth is also destroying our ecosystems, our healthcare systems, our social systems, and our climate.

During the global shutdown is the perfect time to roll out a new economic system that will allow 100% of the world's population to thrive.

REIMAGINE A NEW ECONOMIC SYSTEM

The founders of COM26V.com envision the implementation of a new Earth-centric economic system that generates new wealth by protecting and restoring the Earth. We call this the Living Economic System, which will upgrade our economic system, accounting system, monetary system, and banking system.

This new Living Economic System will allow all living beings to thrive on this great planet. If someone or something thrives, they do well and are successful, healthy, flourishing, or strong. The new system will generate new wealth, prosperity, and abundance, which will be fairly distributed to all human beings on Earth. This is not a redistribution of old wealth but a generation of new wealth that never existed before. We envision that this new economic system will provide the resources for everyone on Earth to reach their full human potential.

We invite you to develop this new enlightened economic system together.