Sprint/2023/Notes Stefanso

Contribution 2023: Introduction to Circles https://joincircles.net/


 * Circles is a digital complementary currency. It works just like Euros or your local, official currency. But at the same time, it also supports a more democratic and fair economy.

their own economic systems to support each other. With Circles, they can issue their own people-powered-money on an unconditional basis.
 * Circles is a system that contributes to a Universal Basic Income (UBI) for its users. This means that rather than relying on external institutions (like banks, for example), people can build

any further conditions. The value of this basic income is up to the community, which offers goods, products, and services in exchange for our complementary currency.
 * Circles provides basic income in the sense that every trusted member of our community can issue Circles tokens (CRC) regularly and equally through their smart contracts, without


 * Circles money supply works like this: Everyone who joins Circles issues 1 CRC per hour or 24 CRC a day, equaling 720 CRC per month (30 days). As more people join, the money supply increases.