W35 – 31 Mar 2024 – Platform

I used to write a lot about Bitcoin and cryptocurrencies in the past. This is a modified version of the idea of Bitcoin as a currency: stocks in a company can be used as a currency inside the platform. However, outside the platform, the stocks are like all other stocks. For example, in a riding platform, customers can buy stocks of that company. Then they can use those tokens to pay for their trips. The price of trips varies if it is paid by cash or by tokens because the value of tokens might rise while, due to inflation, the standard currency will be devalued over time. This pushes people to use tokens as currency within the platform.

In this example, tokens can be accepted by the driver or if they prefer cash, the platform buys the tokens and pays cash to drivers.

This platform then requires a new type of management mechanism for shareholders where the structure of the mechanism changes constantly.

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