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Global Network of Policy Makers for Freedom

F e b r u a r y 2 0 2 2 | V o l . 1 , N o . 2

#LGDC

The monthly newsletter for the Global Network of Policy Makers for Freedom DAO

THE LATEST

Sheltering freedom
Technology, recycling and rewards, is this possible?
Advances in the implementation of digital local currency

EDITORIAL

One of the main geopolitical changes that has brought the 21st century is the nature of money.

Being one of the challenges that politicians face and managing the opportunities that open up in benefit of each and every individual. Frederick Hayek predicted in 1974, in his book “The denationalization of money”, the development of private money, currently led by Bitcoin; however, the Nobel Prize in Economics did not foresaw 3 new trends: Crypto money called CBDC (Central Bank Digital Currency) As in the case of China, local money, called LGDC and that refers to the one that intends to develop the city of Miami and others, and the use of private money from different governments, like El Salvador.

These new trends promise to empower the individual, extend their freedoms, as well as stimulate economic and social development. But like all technologies, these new slopes are amoral, and their inappropriate use is generating the loss of freedoms, the increase in inequality and the deterioration of social structures, promoting anarchy, or governments totalitarians that greatly limit the rights of individuals.

These trends represent a formidable challenge for politicians, and even more, for the politicians of local governments, who have limited resources. The challenge not only requires new legislation, but also proper political management, given the significant structural changes that it represents.

The Global Network of Policy Makers for Freedom, supports politicians globally, and enables them to deal with this formidable and unexpected challenge in the following ways:

  1. Education: through the #LGDC magazine, with contributions from international specialists, relevant suppliers, politicians with experiences to share and relevant news of the month of publication.
  2. Legislation: with constant advice for local or national legislation, including comparative studies of legislation, Webinars according to their particular needs and technical services of interest to local and national politicians.
  3. Solutions: facilitating the development of relationships with technology providers that facilitate the implementation of LGDC in a comprehensive manner, including taxes, payrolls, records and other services that facilitate the management of local governments.
  4. Alliances: between leading local governments and small local governments, which facilitate the development of LGDC.

The success of this initiative lies in decentralized international cooperation, for this we invite to contact and support us with your valuable contribution. 

Magazine

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Society

This space presents opinion on articles concerning the implementation of local digital currency

Freedom Shelter

When El Salvador adopted Bitcoin as legal tender, many thought that Nayib Bukele was unaware of the crypto world and that what he did was nonsense, almost 6 months after making this decision, we listen to you say “we will create a haven for freedom”, Is this another “nonsense” or is the Salvadoran President a visionary with respect to digital assets?

And it is that President Bukele has proposed 52 legal reforms that seek to attract foreign investment and turn El Salvador into a paradise for cryptocurrencies, being the main exponent not only in Central America, but throughout Latin America.

The announcement of these reforms has generated high expectations amongst different investors, who see in the Central American country the opportunity to grow, give your digital assets, and all the benefits they offer.

These reforms added more than 71 million dollars used by the Salvadoran government in the purchase of bitcoins, intending not only to attract foreign investment, but reduce bureaucratic procedures and provide stability to investors who opt for the Central American country.

The reforms include a series of benefits for investors such as tax exemptions and the allocation of Salvadoran citizenship, among others.
Despite pressure from the International Monetary Fund, which has requested to discard Bitcoin as a legal currency tender and international initiatives to “mitigate risks” reducing credit possibilities from El Salvador; Bukele reported that he will take the market bonds for an amount around 1000 millions of dollars.

Additionally, the Bitcoin City project that is located in Conchagua, pretends to be the center of investment attraction; With a sustainable focus and being fed by means of a geothermal plant, would have residential areas, commercial centers and multiple facilities for your visitors.

It is clear that the Central American government seeks to innovate through a disruptive movement opening its borders to cryptocurrencies, and ensuring freedom for all those people from the crypto world who have been suppressed or rejected by other governments or governmental entities. Bukele believes firmly that crypto assets are the opportunity to reduce social gaps and ensure the welfare not only of the nation, but of everyone.

LGDC

In this section we will find initiatives that promote economic and social development through tickets, tokens and the like.

TECHNOLOGY, RECYCLING AND REWARDS. IS THIS POSSIBLE?

There is currently a rewards program for people who commit with the environment, the most interesting part of this is that it is developed through a digital platform, with a system of allocation of points or digital currencies, called ecoins. That’s right, ecoins is a regional program that emerged in Costa Rica since April 2018 and is currently present in five Latin American countries, such as: Costa Rica, Peru, Guatemala, Colombia and Nicaragua.


The purpose of this program is to promote a correct disposal of recoverable materials; for this, constantly developing public-private partnerships, and creating new incentives for those individuals who want to participate.


But how does ecoins arise? and what is the reason for their success? At #LGDC we talk with Lucila Espinoza, Deputy Director of the Program and with Gustavo Paz, Coordinator of Communication and Regional Projects, who
explained the objectives and the future of the same.


ecoins is born from the need to educate and sensitize the population in Costa Rica, not only on the subject of recycling and how to incorporate this on a day-to-day basis, but on how to deal with real waste problems. On mid-2015, talks began on the waste valuation as an economic opportunity, which transcends the environmental aspect. It emerges as a program that places the consumer in the center, creating an ef icient ecosystem that involves all stakeholders related to a specific waste and one where everyone wins.
And it is that over the years, the responsibility for waste has been away from technological aspects and has moved from public to the private sector and vice versa, 

without having a coordinated job that allows proper management of the waste. The launch of ecoins, has generated a progressive change in the mentality of the people, who see in their waste an opportunity not only to help the environment, but to obtain economic benefits. But what have been the greatest achievements and obstacles of the program?

The greatest achievement has been to see the integration or the points of a complex problem, which has been treated for a long time and generating the right alliances for the project to work. Within the learning experiences, it was precisely expansion and being able to understand that in matters of waste, the reality in Latin America is very dif erent from country to country, that rural-urban access is significantly dif erent and must be democratized, looking for ways to incorporate these populations.

One of the noteworthy features of this initiative is its flexibility to adapt and be able to be executed quickly at any world city. Proof of this is its rapid expansion to other countries, the 92,670 accounts that have been created between 2018 and 2021 and their more than 115,000 followers on social media.

Which makes us wonder how does ecoins technologically work?
It is a loyalty program where people receive points, and in exchange for those points receive discounts on products or services from companies that participate in the program. The technological development is carried out by an ally, which has a back end and a front end to administer the loyalty programs, and which facilitate it for the development of the platform. ecoins consists of a wallet, which each user has and in which registers the points generated from recoverable waste actually delivered.

Currently, we are joining the Blockchain, in the search for traceability of the data, so that every transaction carried out within the program has a backup or token, which verify that the delivery is real and how it happened, being able to know in a transparent way where and at what time is that they are finishing the materials. We do this on a platform called LACChain of the Inter-American Development Bank (IDB) and we are in the process of building the nodes that will be traced in the Blockchain.

This is how technology becomes a tool for the promotion and dissemination of the initiative, allowing the generation of public-private alliances. But how can you generate these alliances?

It was very natural, we articulated and generated alliances to meet the objectives. We arrived in Panama on the recommendation of the Ministry of Health of Costa Rica, who contacted us with the Ministry of Environment of Panamanian. The work of disseminating and placing the project has generated calls from other countries for their implementation, so we currently have alliances with more than 100 local governments and more than 200 companies.

And it is that only in Costa Rica, ecoins works jointly with 70 of the 83 local governments, especially in educational issues, which they indicate is one of the fundamental pillars of the Program. Its benefits are not only for consumers, but impact multiple areas such as health, budget, tourism, employment, among other reasons why the promoters see a prosperous future for this project.

We want to be the solution for the world; that ecoins can become the ally that each city of the world needs, to transform an old problem into an opportunity for the present.

For more information about the project or to contact them, you can visit their website: https://ecoins.eco/inicio/ or to the email [email protected]

CRYPTO #LGDC NEWS

This section has the most important news about local currency implementation and its different uses.

Corruption and Blockchain

A government in which the management of money is transparent by means of the blockchain and that allows government processes to unfold technologically, ensuring the effective traceability of products, contracts, among others and without it being necessary …see more

New Hampshire and cryptocurrencies

Governments reinvent themselves with blockchain Micro Bonds through Blockchain?
The State of New Hampshire has entered the market for digital assets, its governor Chris Sununu formed a commission to determine the current status of cryptocurrencies and their impact on the industry. This commission must submit a report no later than …see more

Governments reinvent themselves with
blockchain

From reducing electoral manipulation, raising subsidies in a more reliable way, until fighting the fake vaccine passports, blockchains run as the solution to many of the problems at the governmental level, being necessary for it … see more

Micro Bonds through Blockchain?

The State of New Hampshire has entered the market for digital assets, its governor Chris Sununu formed a commission to determine the current status of cryptocurrencies and their impact on the industry. This commission must submit a report no later than … see more

Philly seeks a partnership with CityCoins 

CityCoins, one of the most popular local currency providers, relevant due to their associations with New York, Miami and Austin. It has begun negotiations with the city of fraternal love to create its own cryptocurrency, as Mayor Jim Kenney has mentioned when commented that … see more

The first house sold in cryptocurrencies

Dubbed the Gulport House, this property in Florida has become the first house to be sold as one NFT (Non Fungible Token), for the sum of 210 Ethereum, that is, approximately $631,790. Although the new owner obtains a physical house, the advantage of the sale by means of cryptocurrencies is that the transfer can be done in a way … see more

Tennessee takes the lead on legislation for
cryptocurrencies

Jason Powell, a Tennessee state legislator, has proposed two bills that would allow your state to invest in cryptocurrencies. The proposal seeks to amend the Code current state and incorporate crypto, NFT, and blockchain into the list of… see more

Cryptocurrencies as lifesavers for public funds

In recent months, a number of cities and municipalities in American have chosen to venture into the world of cryptography, as a way to provide stability to public funds and ensure citizen contribution through the transparency and security of transactions through and through the blockchain, an example of this are … see more

New York or Miami, what will be the capital
of the crypto world?

The constant development of the crypto world and the implementation of local digital currency, have found their hold in Miami and New York, the two main cities that compete to become the capital of … see more