Notes

Short, title-less, often half-baked. Published anyway.

In reply to @nicwn

This is the end of the thread 🧵

Do you have any questions about Circles, Gnosis Pay VISA, or community money? Let me know.

In reply to @nicwn

Circling back to Circles.

Wanna become your own money issuer? Get start with Circles in 3 steps:

✅ Step 1: Go to https://metri.xyz and open your “bank account” + money printer ✅ Step 2: Get trusted by 3 Circles users ✅ Step 3: That’s it. You’re minting 1 $CRC per hour

In reply to @nicwn

The concept of Circles is simple. 1 $CRC per hour, each person’s CRC is unique, trade is enabled through trust, which is fundamental to human societies.

Medieval England ran on the community responsibility system until centralized regulatory was created in Glorious Revolution.

In reply to @nicwn

What Circles is doing is scaling that trust network with technology, because those centralized regulatory systems always get captured by the rich and powerful.

Now, if you think this is the same as Monopoly money if you can’t buy anything with it. You’re wrong!

  1. You can!

In reply to @nicwn

It’s universal, bottom-up money creation.

This isn’t utopian theory—it went live last month.

Circles rewires how money enters the economy. Instead of letting billionaires get rich on QE, you all co-create money and build an economy based on mutual trust.

In reply to @nicwn

Call it grassroots Keynesianism.

Imagine the bankers come begging for bailout the next time they crash the market.

FUCK OFF!

Billionaires shouldn’t exist! Neither should Marineland. One exploits labor, the other exploits orcas. At least one of them is finally staying shut 🎉

In reply to @nicwn

Speaking of bailouts… We all know when the rich blow up the system, they get rescued. Do you know what happens when regular people need help?

In 1887, Texas farmers begged for drought relief. President Grover Cleveland said NO — because it would:

In reply to @nicwn

You create value— actual work, goods, services— yet you get paid minimum wage by the hour.

Banks create that money out of thin air when the rich ask to borrow, then make more capital gains in a week than you make in a year.

Having access to create money is power itself.

In reply to @nicwn

Once I embraced this truth, I understood:

👉🏽 If we want economic sovereignty, we can’t just fight to own the value of what we produce— We need to own the apparatus to money creation itself.

Enter: Circles (Not the K-pop banger by SEVENTEEN—though yes, also 🔥)

In reply to @nicwn

Circles bills itself as a fair-money system to fix problems of today’s monetary policy.

Its core goals are “universal access” and distributed issuance –

→ Every user mints 1 $CRC per hour → No central authority, no Fed, no ECB → You join via a web of trust—3 people to vouch

🧵Most people misunderstand money—and it’s wrecking not just personal finance, but entire communities.

Let’s dive deeper than who’s making money from your labor, to who’s creating that money in the first place—and then circles 😉 back to how to take that power back.

👇

In reply to @nicwn

You might think a dollar is a dollar.

But behind every dollar is a racket called seigniorage — the profit governments and banks make from issuing new money.

They print it. You chase it.

In reply to @koeppelmann

@koeppelmann @aboutcircles So basically even if you don’t know or trust me, bcoz I’m your mother-in-law’s stepson’s barber’s farmer, you can buy my pomelo?

In reply to @dieworkwear

@dieworkwear Changing high-skill into low-skill jobs gives them an excuse to pay us poverty wage.

Passion-driven, craft-based profession have already disappeared in America, the rich just fly to wherever to get what they want.

@AppStore what was the reason behind the purchased apps UI change?

Flicking thru past purchases is actually a joyful experience bcoz of nostalgia.

You took away that joyful experience, and I want to know why. For what?

In reply to @nicwn

Circling back to Circles.

Wanna become your own money issuer? Get start with Circles in 3 steps:

✅ Step 1: Go to https://metri.xyz and open your “bank account” + money printer ✅ Step 2: Get trusted by 3 Circles users ✅ Step 3: That’s it. You’re minting 1 $CRC per hour

In reply to @nicwn

The concept of Circles is simple. 1 $CRC per hour, each person’s CRC is unique, trade is enabled through trust, which is fundamental to human societies.

Medieval England ran on the community responsibility system until centralized regulatory was created in Glorious Revolution.

In reply to @nicwn

What Circles is doing is scaling that trust network with technology, because those centralized regulatory systems always get captured by the rich and powerful.

Now, if you think this is the same as Monopoly money if you can’t buy anything with it. You’re wrong!

  1. You can!

In reply to @nicwn

It’s universal, bottom-up money creation.

This isn’t utopian theory—it went live last month.

Circles rewires how money enters the economy. Instead of letting billionaires get rich on QE, you all co-create money and build an economy based on mutual trust.

In reply to @nicwn

Call it grassroots Keynesianism.

Imagine the bankers come begging for bailout the next time they crash the market.

FUCK OFF!

Billionaires shouldn’t exist! Neither should Marineland. One exploits labor, the other exploits orcas. At least one of them is finally staying shut 🎉

In reply to @nicwn

Speaking of bailouts… We all know when the rich blow up the system, they get rescued. Do you know what happens when regular people need help?

In 1887, Texas farmers begged for drought relief. President Grover Cleveland said NO — because it would:

In reply to @nicwn

You create value— actual work, goods, services— yet you get paid minimum wage by the hour.

Banks create that money out of thin air when the rich ask to borrow, then make more capital gains in a week than you make in a year.

Having access to create money is power itself.

In reply to @nicwn

Once I embraced this truth, I understood:

👉🏽 If we want economic sovereignty, we can’t just fight to own the value of what we produce— We need to own the apparatus to money creation itself.

Enter: Circles (Not the K-pop banger by SEVENTEEN—though yes, also 🔥)

In reply to @nicwn

Circles bills itself as a fair-money system to fix problems of today’s monetary policy.

Its core goals are “universal access” and distributed issuance –

→ Every user mints 1 $CRC per hour → No central authority, no Fed, no ECB → You join via a web of trust—3 people to vouch

🧵Most people misunderstand money—and it’s wrecking not just personal finance, but entire communities.

Let’s dive deeper than who’s making money from your labor, to who’s creating that money in the first place—and then circles 😉 back to how to take that power back.

👇

In reply to @nicwn

You might think a dollar is a dollar.

But behind every dollar is a racket called seigniorage — the profit governments and banks make from issuing new money.

They print it. You chase it.

In reply to @dieworkwear

@dieworkwear Changing high-skill into low-skill jobs gives them an excuse to pay us poverty wage.

Passion-driven, craft-based profession have already disappeared in America, the rich just fly to wherever to get what they want.

@AppStore what was the reason behind the purchased apps UI change?

Flicking thru past purchases is actually a joyful experience bcoz of nostalgia.

You took away that joyful experience, and I want to know why. For what?