An Economic Plan For Children of the Landfill

The Landfill Economy is introduced here for the first time. It is an approach to providing an actual solution to the ignored and invisible global situation of the global open dumps and the humanitarian crisis that exists with each of them.

This chapter outlines a use case for applying Universal Basic Income with blockchain technology to solving the problem of the “Children of the landfill”.

And the next step in reclamation.

We Start With the Technology

Computer technology is providing the ability for individuals and groups to communicate and interact with each other in a totally anonymous manner. Two persons may exchange messages, conduct business, and negotiate electronic contracts without ever knowing the true name, or legal identity, of the other.

This massive technological change is being driven by a key innovation called the blockchain, and many forecasters are predicting that it could cause as much social transformation as the introduction of the world-wide web a few years ago.

These developments are altering completely the nature of government regulation, the ability to tax and control economic interactions, the ability to keep information secret, and is even altering the nature of trust and reputation.

The technology for this revolution–and it is a social and economic revolution–has existed in theory for the past several decades.

A simple Google search returns 3.1 million results for “blockchain revolution.” “Revolution” is a complete misrepresentation of the situation. In truth, what the blockchain offers is a renaissance.

The difference is that where revolutions tend to simply replace one elite group with another, the Blockchain Renaissance is the irresistible march of innovativeness and progress. This Renaissance is not just a single moment of change but a deep and broad forward rushing process of awakening.

This is a distinct break, a “hard fork” in today’s traditional values and institutions. It is a new awareness of the individual, an awakened interest in the material world and nature, and a recovery of free trade.

So let’s look at one use case for the potential the blockchain offers, and see how far and wide its impact could be.

The Children of the Landfill (CotL) Use Case for Universal Basic Income – UBI

The purpose is to apply a system of unconditional income to every one of the “Children of the Landfill” (CotL).

The problem of the “Children of the Landfill.”

Without going into too much detail. There are over 30 million people living/surviving on the open dumps around the world. These are men, women and children, 55 % Children, 35 % women and 10% men. GreenFire Engineered Reclamation, a landfill miningg company and its humanitarian project to save the “Children of the Landfill”, are addressing the financial needs of these “invisible and off the grid” people.

These Children have no definition of money and have no relationship with money or commerce. These people are invisible to most governments and their agencies. They have no identification therefore no education, no health care and no financial recourse.

The CotL definition of UBI, is as a form of “social security” in which all citizens or residents of a poor and vile environment, like landfills and dumps, receive a regular, unconditional sum of money, a full basic income. A sum at or greater than their existing income level we call a full basic income.

CotL defines Social Security as any system that provides monetary assistance to people with an inadequate or no income.

The idea is to give these people money without preconditions and observe what they choose to do.

The idea of “universal basic income” is in discussion everywhere these days. So, we continue the discussion into the application.

What if the UBI was delivered not in dollars or euros, but in a cryptocurrency running on a blockchain?

What if this UBI cryptocurrency changed the inherent way money works by being created directly by the action of the people, so the financial system is built from the ground up by the people, rather than controlled from the top-down by banks and governments?

Blockchain are not owned by any one authority, so the applications built on top of them will be owned and governed by their users.

How Does This Work?

How do you create a system of unconditional income to every one of the “Children of the Landfill” (CotL).

The applications that make the most sense in this context are neutral platforms facilitating peer-to-peer exchange, without the coercive social contracts of governments nor rent-collecting middlemen in the form of gigantic tech firms.

The CotL approach changes the basic logic of our applied economic system. The changes are obvious, cryptocurrencies represent nothing less than an opportunity to redesign money.

We are designing and building an example of a “positive currency” using blockchain technology. In the CotL system, “CotLcoin” is the money It is created at the individual level and without any corresponding debt.

CotLcoin, money, starts with the person acting to “create” their own currency. When they act to accept an account it creates their wallet account, just like normal. A smart contract then acts to create new currency units at the same fixed rate for each of the Children, thereby “Staking” their wallet. This is a stake in their community as well. This means that CotLcoin is evenly distributed throughout to community before it enters the marketplace.

The intrinsic value of this currency resides with these Children as they create or maintain relationships of trust between each other to exchange their newly minted money.

This money does not come to us from a central authority like a bank or a government or even an employer. It comes from the sale of the CotLcoin, a crypto currency backed and supported by dedicated humanitarian funding and gold.

Welcome To The CotL DAO

This means that the system doesn’t need to be controlled by any one party, as the value of the currency automatically emerges from the trust relationships that users create. An important distinction is that CotL is designed to work perfectly at local landfill levels, where networks of trust and industry already exist and can easily be transcribed onto the blockchain.

From the Children’s point of view, joining the new UBI economy will be as easy as connecting with their friends and loved ones, and learning about free market commerce.

Where Does The Money Come From?

All economic systems have three basic questions to ask: what to produce, how to produce and in what quantities, and who receives the output of production.

In the CotL system the first source of revenue comes from the individual wallets. The initial coins that are in their wallet when it is created is the CotL “Stake” we provide for the Children. Our system is built on a proof-of-stake blockchain. As each wallet is polled, the “stake” produces more coins in the individual’s wallet.

Today their source of personal revenue is done by “Picking”. The principle source of revenue is recycling. The Children “Pick” through the waste for the “reusable” and “sellable” stuff from the Landfill and sell it to a broker.

This is the common landfill employment environment and the average daily personal earning is less than $1 per day.

The Children’s Future Through Education and Ownership

To build immediate security and pathways out of the “Dumps” for the Children, CotL arrives at each landfill project with a complete educational system.

This system is based on a custom STEM curriculum designed for 3D printing. We wrap this together with the filament production as a “Micro-factory,” producing and selling printed/manufactured products to secure their future. The implementation of this system creates instant revenue for the community.

Starting immediately, their “picking” is turned into manufacturing, they become 3D filament producers with a guaranteed buyer. The proceeds from the filament sales are distributed into their wallets increasing their stake.

This idea of the 3D Print Micro factory system has been effective in the slums and dumps of India. Look Here!

The greatest potential 3D printing offers the developing world is not for the products made, but for “putting the means of production into the hands of the local people”

As the Children proceed through their STEM education and into 3D Print manufacturing, their CotL community will join the network of other CotL landfill communities and become a part of a distributed manufacturing operation taking orders and producing product for the global community.

The Children of the Landfill project is dedicated to lifting up and repatriating these people back from the dumps and into a successful and prosperous way of life.

Ownership, The Children Own It!

With CotL, the landfill Community is owned by the Children. The profits of the community are distributed to all members of the landfill community through a kind of co-operative ownership that exists in a blockchain DAO, the economic surplus of their enterprise is controlled by all the worker-members of that specific Landfill community. This is a complete and self-regulating system.

The goal of this ownership model is to eliminate the distinction between the class of private owners who are the recipients of passive property income through control and workers who are the recipients of labor income (wages, salaries and commissions), so that the surplus product (or economic profits in the case of the community) belong to the community as a whole. That means that all participants of the Landfill Economy must be members of the community.

The CotL Basic Income system is financed by the profits of the Landfill enterprises.

We have argued that basic income is needed to protect the power to say no. We also assert that it is essential to the individual Children’s status as a free person.

The CotL basic income system promotes freedom.

Basic income at the highest sustainable level is needed to support real freedom, or the freedom to do whatever one “might want to do.” By this, we mean that all people should be free to use the resources of the Earth and the “external assets” people make out of them to do whatever they might want to do.

Next: Proposed structure for a fair trade standard for recycled filament.