Barter 3.0

A Flight to Simplicity

Chris Cook

IRTA Convention Ocho Rios

14th September 2012

Barter 3.0 - Asset-based Credit Direct 'Peer to Asset' investment in the use value

over time of productive assetsProduction and/or revenue sharing between

investor and user of investment for as long as the investment is used

There is a return on investment in 'money's worth' but no money purely for the use of money

Sharing of risk and reward – no defaultTwo key classes: land/location based credit, and

energy-based credit

Capital Partnership – 'Nondominium'

CustodianCustodian

Investors

Payment

% %

Use

Managers

Users

Capital Partnership reinvents Equity

Equity Shares - % age shares in flows of revenue or production

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Stock – returnable in payment for use value eg rentals, Kilowatt Hours

Capital Partnerships are not Organisations

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They do not own anything, do anything, employ anyone, or contract with anyone...

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Nondominium requires no legislation

Custodians(National)

Custodians(National)

Financial Capital(Money, IP etc)

Financial Capital(Money, IP etc)

UsersUsers

Human Capital(Developers, Operators)

% %

Payment

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Land-based Stock – undated credits returnable in payment for occupation

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Custodian is appointed or incorporated

Houses CustodianCustodian

Rental is agreed

Custodian

Occupiers

Rental

Proportional Share allocated to Manager

Custodian

Occupiers

Manager

%

Rental

Balance available for unitisation and sale

Custodian

Investors

Occupiers

Managers

% %

Rental

Units of rental stock are sold to Investors at a discount to the rental value

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The discount and actual rental flow determines the rate of return

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Investors lend direct to the land – not to the owner

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Energy Pool

CustodianCustodian

InvestorInvestor

UserUser

Energy Energy

Energy

ManagerManager

Stock - returnable in payment for energy

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Mega Watts: renewables funded by issuing stock from future production.

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Nega Watt energy savings - the cheapest energy - funded by an Energy Loan

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Energy Loans in KwH made to properties & repaid via utility bills out of energy saved

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Funded by investors through buying Units of energy stock – energy loans

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Energy Loan of $5,00050 Units of 1 Megawatt Hour @ $100 per Unit

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5,000 Units of 10 Kilowatt Hours @ $1.00 per Unit...and so on

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Reduced energy bill paid to power supplier for energy consumed

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Energy loan repaid through buying units of stock from the Pool at the market price

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Saving energy is saving money

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Outcome – local stock exchanges?Dollars' worth of Land-based credit/stock will be

acceptable in settlement of obligations within a geographic area

Dollar's worth of energy-based credit/stock is acceptable in settlement everywhere

Possibility of community level stock (not share!) exchanges with settlement in dollar's worth – not dollars

The barter industry is perfectly placed to lead the transition to Market 3.0

A networked and resilient economy may be built from the ground up with no change in any law

SummaryNewClear architecture enables extension of B2B to

B2C through what present itself as a community-owned VISA

21st century forms of stock open up the possibility of community-based stock exchanges

The barter industry could lead bothWhat are you waiting for?

Thank You

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