Circles
@CirclesUBI
Followers
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Following
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Media
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Statuses
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A #UBI system for communities. Read our handbook & whitepaper: -
Joined July 2015
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Dear Circles users,
We want to provide you with the most recent information regarding the Circles UBI project. Over the past three years, Circles Coop has been actively managing and enhancing the wallet, as well as running the Circles Berlin Pilot program…
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As Circles UBI, we aim to create a decentralized, self-sustaining economy that enables individuals to create and exchange value without relying on traditional financial institutions. We provide a safety net for those in need and promote greater economic equality.
#basicincome
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"Circles provides, through an embodied experience, a glimpse of what UBI can feel like when you can cover basic needs with a currency earned by the mere fact of existing, and I cannot describe how different it felt to be able to get high-quality groceries using my CRC."…
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The main strategy in the Circles Berlin Pilot project is to create B2B economic loops based on local supply chains running on CRC. Based on our strategy of connecting value chains, we map our partner’s suppliers and prioritize onboarding these businesses.
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Hello everyone, we are pleased to announce that WE HAVE LAUNCHED - you can now sign up at and join us in receiving a blockchain basic income
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Circles UBI is a people-powered money system with a
#basicincome
.
Circles UBI creates a decentralized, self-sustaining local economy that enables individuals to create and exchange value without relying on the state or financial institutions.
Sign up:
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We are a small team and (totally thrilled!) but also overwhelmed by the interest. We are working our way through the questions and support requests, but it's going to take us awhile
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This might be a good time to clarify the monetary design behind Circles, as many people are confused about how it's supposed to work. 1. Circles is not based on scarcity: it does not have a limited amount of tokens (e.g. 21million) that will be issued at any point in time.
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Trust creates new worlds. Trust is what allows people to build long lasting relationships with each other. Trust in a person or a group creates a sense of belonging and it is a precondition to produce meaning on both an individual and collective level.
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We are not listed on
@UniswapProtocol
, and please don't tokens called 'Circles' there. It's a scam.
There is no single Circles token - it's not a universally fungible asset. Because of this, it will probably never be a speculative asset (by design)
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For those of you who want to enter the network: Circles is based on trust. It is not a"get rich fast" scheme.There are already accounts trying to scam others for $ into joining the network. Please do not trust fake accounts and people you don't know! /1
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Our Circles Coop website is out!
Check it out if you want to start using Circles in your local community. Circles Coop provides empowerment and backup support to all groups around the world who would like to use Circles!
#JoinCircles
#CirclesCoop
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A Circles user experience at our online Marketplace:
"I had a great experience, everyone was very nice and available. I felt connected to a broader community of like minded people and that a different way of understanding and using 'money' is truly possible."
#basicincome
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UBI is exactly what the world needs right now.
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This has been an incredible week for us!Thank you all for your interest and patience as we upgrade our systems to accommodate you. In 1 week Circles has gone from a few accounts to
173,272 visitors
232,255,227 requests
149,164 relayed transactions
19,978 accounts
169,411 TrustX
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In the coming days, we will explain detailed how Circles works, what you can expect from us. Here is our first video:
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Revolutionary article on
#UBI
#DAO
by economic anthropologist
@Julio_Linares_
"The roadmap for a planetary
#basicincome
begins on where each one of us is, connecting our tireless efforts through our common mission to bring about UBI into being."
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We gather a list of possible new hubs around the world, so if you want to get dedicated support in this topic, please contact us at hello
@joincircles
.net
Many of you had the problem: how can I use Circles if I'm not in Berlin and know nobody? This might be the call for you!
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Please be patient and be happy! We are a small team. We need time to rest and take care of ourselves to be able to support you in building your local economy w/ circles. As
@jasonhickel
says, Less is More. Building a new economy takes time. Cheers! - the Circles team
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Most of you probably don't know, but we have an international headquarter: this tiny house, the Cafe Grundeinkommen - Berlin's Basic Income Cafe. Now in winter sleep.
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TODAY! Don't miss out if you are in Zurich.
@Julio_Linares_
from our team will be talking about "The Politics of Mathematics: Anonymous Web of Trust, UBI and Perishable Shares" at the Too Much Crypto event by
@anomanetwork
&
@namadanetwork
in Zurich.
The 1st instance of Too Much Crypto is next week in Zurich!
Speakers include:
- JP Aumasson
@veorq
- Philipp Jovanovic
@Daeinar
- Lucas Meier
@cronokirby
- Christopher Goes
@cwgoes
- Julio Linares
Apply only if you can withhold lots of crypto(graphy):
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Also so many of you are trying to join Circles that it's taking our servers down, we are scaling up as quickly as we can!
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6. Circles is meant to be a decentralized project. But decentralisation alone does not mean much. We encourage relocalization, sustainability and federated ways of scaling up a new democratic economy. Soon, communites will be able to deploy their own local instance of Circles.
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Today, as a Circles UBI team, we are celebrating the groundbreaking launch of Circles Shared Wallet!
It's a big step towards democratizing our economy, by making it easier to organize local economies!
Check out the video to start learning how to use it!
#JoinCircles
#CirclesUBI
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Dear friends and supporters, here is our official Gitcoin grant!
Please share far & wide and support the digital alchemy that makes Circles UBI possible! Here:
@thegrifft
@PanvalaHQ
@VitalikButerin
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We will be soon releasing a guide on our detailing how you and your communities can create a local network and start organising economic circles, with methodologies to onboard businesses, cooperatives, farmers, local municipal governments, etc. /2
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5. This might sound strange if you've never heard of other forms of money before. Here's a great example of the good work our friends at
@Sardexnet
do in Sardinia, showing how alternative money systems work in practice
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1/5 Big day today! We are happy to announce that we are moving to the Phase 2 with our proposal for Strengthening Social Ties on
@gnosischain
: Web of Trust dapp,
#UBI
as Public Good & a Social
#DEX
.
Vote here:
@GnosisDAO
@gnosisSafe
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Circles re-launch is coming up soon! Small update on the date: 27th June.
Don't forget to check your wallet after the transition. Exciting!
The new changes will be effective by 20th of June! But, what are these changes? Let's take a look at them together.
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The Emergence of Circles UBI: Learnings and Lessons (one month after launch) - Please share far and wide!
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We are excited to announce a collaboration between Circles, Memri, & Polis in publishing this Universal Basic Income for Bali report exploring the implementation of Circles UBI in Bali.
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Everyone who signs up deploys their own version of a Circles token. Please give our whitepaper a read if you're curious about how and why:
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Circles is growing! We are currently in the midst of building an anonymous web of trust system which will support many new applications. We are looking for people who share our values and would like to work on the Circles Entropy Project.
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We have some nice updates on our website:
- we improved our FAQ section, to give you a better understanding about how circles works, you can find there our videos too
- we have german and spanish version
- and a news section, now with our medium page, but we have more plans
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Introducing Circles Entropy: Weaving privacy into trust networks & Community Market
Dear Berliners & blockchain enthusiasts,
Come to Moos Space for a community market, dinner, dance, and learn about the pioneering Circles Entropy project, hosted by Circles Coop, the team…
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You can now download our handbook!
Want to help us translate it to your language? Please get in touch at hello
@joincircles
.net
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Check it out everyone! We are officially in closed alpha, doing our first transactions on testnet - when signups are open you will be the first to know ✨🕸️💞
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We are very excited to share the big news with you!
We are globally launching our online marketplace for Circles communities. Please visit our blog to read about Circles Marketplace, its design procedure, and how to use it:
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Build your Local Economy!
If you are joining
@CirclesUBI
, please think about what you can offer to the people that trust you.
Building value to a grassroots network and the practice of a gift economy was heavily emphasized in the berlin launch, but runs the risk of getting lost in the digital realm
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Our super cool new organization, the Circles Coop is registered, with Blanka Vay and
@Julio_Linares_
in the board. If you registered a coop in Germany, you know it's just as difficult as the paper work for a new nuclear power plant. 😂Thank you for your support
@super_markt
!
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..But where will the money come from? Circles is a tool local governments can use to implement a community
#BasicIncome
in their own municipal constituencies. Know any mayors interested?Please contact us at hello
@joincircles
.net
@mayorsforagi
@scottsantens
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Circles is relaunched! We are now live on
Check out your wallet now.
What are the updates in the system? Read here:
#JoinCircles
#CirclesRelaunch
#basicincome
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Today we had our second international assembly. Julio held one in English, one in Chinese and one Spanish. (And we speak German and Hungarian too!)
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Circles needs your support! We are selected for the
@gitcoin
Alpha Round funding campaign, which supports 200 grantees.
We are part of the Open Source Round, please share & donate. Little amounts make a difference.
Read more and donate here:
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Friends, our budget is out. We want 2,000 regular donors who support bringing Circles to full thriving life. Your donation supports the creation of a basic income for all people, and the creation of sustainable, local economies worldwide.
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1. Have already 3 trust connections but your account is not loading? Please be patient. We are improving our relayer infrastructure to be able to make this process smoother, but as there are currently thousands of people doing it at the same time, it makes the system very slow.
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Why do we think Basic Income is a must have?
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According to
@BasicIncomeOrg
definition,
#UBI
has 5 core characteristics:
1. Universal
2. Unconditional
3. Periodic
4. Individual
5. Cash Payment
What are the similarities and differences between Circles and this definition?/1
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“It’s not our pleasures that are destroying the world. It’s our puritanism, our feeling that we have to suffer in order to deserve those pleasures. If we want to save the world, we’re going to have to stop working.” -
@davidgraeber
#BasicIncome
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Some of you might not aware of this rule of Circles - if you don't login in your account 90 days long, you will lose it. It's meant to avoid too much unused tokens out and stimulate a living community, living exchange.
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Is it possible to create a community owned currency that can exist both globally and locally without relying on the sovereignty of nation-states?And if it were, how would you build it? Check out our very own
@tw33ttw33t
and
@isthisanart_
at
@INCAmsterdam
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It doesn't matter who you are or what decisions you make. You are valued just for being, just because you are alive. This is what
#basicincome
means!
Flowchart for determining who should get basic income:
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Lastly, our experience in the last 2 weeks shows the hard reality of building a resilient system that many people can use. Creating economic alternatives is hard work. Please send your love to our team, let them know you value what they do!
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People tell us to join a "DEX", saying that this will make Circles a "real basic income". The idea is that Circles can be sold for Bitcoin, which is now high on the markets. Hence the "realness". This is an example of commodity money imaginations... /1
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"I trust you.
That’s the message of Unconditional Basic Income. People tend to get caught up in the amount of money, but UBI goes deeper than money. Money, and the amount of money, is the least important aspect of UBI. It’s just the vehicle for what’s being expressed, which is…
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Dear friends and supporters, here is our official Gitcoin grant!
Please share far & wide and support the digital alchemy that makes Circles UBI possible! Here:
@thegrifft
@PanvalaHQ
@VitalikButerin
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Rejoice! Our lovely and great devs fixed the system, for most of you it should work now. Bugs are still possible, of course.
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The first Circles testnet is live Kovan!
Check out the dashboard to have a look at the current trust graph.
Join our rocket chat if you want to participate.
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Trust is Power.
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How could Circles scale socially? For this, we like the insights of
@InstSocEco
:
1. Decentralization
2. Localism
3. Sustainability
4. Confederalism
More coming soon in our handbook!
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Many of us feel drained from the time we spend + the energy we exert to make ends meet.
#UBI
can give us the power to say "no" to exploitation and "yes" to our desires. What would you do with this power?
#imagineUBI
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Tonight at the
@fullnode_berlin
party you will be able to pay some drinks and Full Node memberships with Circles if a trust path between you and Full Node exists.
If
@VitalikButerin
would show up he could pay.
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Getting paid for just being. We keep advocating for
#basicincome
for everyone around the globe.
Interview with
@AnnieLowrey
, author of "Give People Money." by
@TrevornNoah
.
@ninaturner
Give People Money: How a Universal Basic Income Would End Poverty, Revolutionize Work, and Remake the World
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Last week,
@julio_linares_
was invited by
@jayapapaya
to take part in
@nymproject
community call. NYM is building next generation privacy technology. We spoke after
@ethberlin
about future collaborations together with
@blankavay
and
@xychelsea
. Stay tuned for more news!
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Amazing book by
@scottsantens
!
“What is
#money
? How is it created? What's the point of taxes and how should they be implemented? Are federal deficits bad for the economy? Would abolishing poverty lead to higher inflation?”
#UBI
#BasicIncome
It varies by location of course, but for me at least, Amazon says that an order for my new book placed today will arrive on the 24th, just in time for Christmas. So if you want to get it for someone as a gift, heads up on time running out!
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"UBI would shift our focus from economic growth, which doesn’t benefit everyone, to social and emotional growth, which would. It would allow people to reassess what matters most to them and give them a platform to live more meaningful lives."
#basicincome
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Friends, active in cryptos, we need you now. It's the best time to support Circles and make together a decentralized, community-based basic income around the world! Contribute PAN and your contribution will be matched 100%.
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Should Gnosis Chain provide liquidity for Circles Group Currencies in collaboration with
@proofofhumanity
?
GNO holders! Your support is crucial! Please cast your vote here to bring Circles' innovative ideas to life.
@gnosischain
@GnosisDAO
@GnosisGuild
…
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We are so happy to share our great time during the Collaborative Finance (CoFi) Commons Gathering a couple of weeks ago. CoFi brought together individuals and projects focused on credit theories of money. People from all over the world gathered in the mountains of Austria at the…
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We’re so excited launch our very first Spread
#CirclesCheer
Holiday fundraising campaign! 🌟 We need our lovely followers to help us keep giving the gift of a people-powered
#basicincome
. 🎁 Join us in spreading much-needed
#CirclesCheer
! Support us:
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Thanks to
@CoinDesk
and
@BradyDale
for the note!
HOW TO:
@CirclesUBI
has been overwhelmed with interest in the early going. Here's what you need to know to get into the newest crypto-powered UBI project.
@BradyDale
reports
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Here is our latest video:
Members of the Circles community explain, why do they believe in the importance of Circles? Why are they willing to give in a community based basic income?
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Check out the powerful interview on decentralisation by
@cryptosyllabus
@francesca_bria
@evgenymorozov
"What I find so suspicious about DAOs and tokenisation and Web3 is the idea that they want to tie every institution to the logic of the stock exchange"
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Thanks for the thoughtful piece
@VitalikButerin
What if social-graph based proof of personhood systems like Circles were made privacy-preserving by design? Check out:
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During our Berlin Assembly & Market, we asked our community of their suggestions for an online marketplace. Stay tuned for the
#CirclesMarketplace
which we developed with the precious feedback from our community.
Check out the video for the responses:
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Experiencing problems with issuing Circles? Can't get trusted or trust others? We identified transactions via are currently failing because of a problem with the relayer service - We are currently working on it - Apologies for the inconvenience. Cheers!
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Join Circles now to participate in creating value in your local economy to provide
#basicincome
for each other.
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3.Circles is issued equally in time and in space, similarly to our friends at
@duniter
Every person in the circles system currently receives 8 circles a day, with an inflation rate of 7% each year. This is meant to incentivse circulation within the system, instead of accumulation
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Check it out!
New
@1nterdependence
with
@isthisanart_
of
@CirclesUBI
discussing UBI, local currencies and Weird Fatigue!
Decided to post this one in full <3
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We have some important news in the pipeline about setting up the Circles system. If you don't want to rely on the Twitter newsfeed algorithm, sign up for our newsletter. We don't have and won't have time to spam you, so it's safe sex, so to say. Down at
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Thanks so much for coming to the Berlin assembly and the community market last week. We gathered at Moos Space, where we had a huge table with offers from the community in exchange for CRC. We had food, goods, and services from individuals and businesses.
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We owe each other a
#basicincome
!
@CirclesUBI
is a tool which allows us to create a self-organized basic income rather than waiting for the governments or institutions.
"What is exciting about Universal Basic Income is that it forces us to think hard about what we owe each other." 🗨 Juliana Bidadanure |
#BasicIncome
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Experiencing issues issuing Circles? You're not alone!The xDai nodes were updated with a new Ethereum Client software, causing problems over the whole xDai network. The update is currently being rolled back by the providers. We will report here when things get back to normal
#bug
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3. Every person in the Circles system issues their own personal or mutual currencies, where trust flows the opposite way of money. If you trust somebody, it means you are willing to accept their promises as real. We therefore encourage communities to use it and exchange.
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Updates from the Garden:
1. We stabilized our server and reduced requests significantly in the app. We are aiming at migrating to a better infrastructure (DigitalOcean, Kubernetes) in a few days. The current system is running much more smoothly but it's still being optimized.
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Circles is about giving as much as about taking: real, people-powered basic income can only come to life, when there’s unconditional reciprocity between members of the community who exchange goods and services for
#basicincome
.
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ChatGPT prompt: "Write me an article about community currencies with a basic income."
Some snippets from the article:
"Community currencies with a basic income have the potential to transform local economies and promote economic security for all members of the community."
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"Circle has $3.3 billion of its $40 billion of USDC reserves at collapsed lender Silicon Valley Bank, the company said in a tweet Friday."
Unlike
@circle
,
@CirclesUBI
stable because it is based on trust of the community rather than on VC-backed banks.
#circle
#Bankcollapse
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How can
#DAO
's and Coops merge? Can we create smart contracts encompassing the values of the cooperatives?
As
@CirclesUBI
, we have been investigating this in collaboration with
@GnosisDAO
, and we have a proposal. Check it out here:
@gnosischain
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Would you be interested in Circles Online Marketplace where businesses & individuals can exchange values in CRC?
#basicincome
#CirclesUBI
Yes definitely!
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Not so much...
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How do you imagine
@CirclesUBI
can help to promote more human, caring economies into being?
Did you know that the eco in eco-nomy comes from the Ancient Greek word οἶκος (oikos), which means household?
How would you build a local-planetary household where we can co-exist?
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Universal Basic Income (
#UBI
) is the idea (and increasingly a practice) of just giving people money on an unconditional basis.
#basicincome
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How much can you cover your basic needs by using
@CirclesUBI
?
Caro, a Circles enthusiast from Berlin, is going to experiment with this question. She will be using only CRC to cover her basic needs for one week! Let's see how much is possible already!
#basicincome
in action!
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The new changes will be effective by 20th of June! But, what are these changes? Let's take a look at them together.
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LOOK BEYOND BITCOIN!
9) Ten years ago Bitcoin was highly important in spurring creativity, but now it's largely settled for being a means to make speculative investors rich, which is fine, but not deeply profound. If you're interested in crypto as a way to change the world, look beyond Bitcoin
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Julio Linares explains Circles!
Circles allows people to issue set of promises to each other and exchange in a network of trust, making economies more sustainable, more local, more interdependent and more democratic.
#JoinCircles
#UniversalBasicIncome
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We are slowly starting to experiment with creating group currencies. Wanna learn more? Check out our discussion forum at
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Tomorrow!
@isthisanart_
will be speaking about Socializing Tokens and
@Julio_Linares_
will be talking about
#UBI
and community currencies, giving a workshop on How to Build a Local Economy Together at this years
#MoneyLab
#Berlin
#MoneyLab
Berlin: Mar 26-28, 2021 · Presents creative approaches towards sustainable finance, inclusive tech, community-based currencies ..
Parti.
@discocoop
,
@ElaKagel
,
@furtherfield
,
@glovink
,
@ArthurRoingBaer
@trust_support
,
@lenara
,
@shushugah
..
👉🏻
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