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AMA: AMA: Economic impact payment is worth $5 billion

The AMA has announced that it has agreed to pay out $5 million to the community for the work of the community in producing the $5bn “economic impact payment”.The payment was proposed by Reddit co-founder Alexis Ohanian in 2015, but was not made public until the AMA’s 2017 summit.It will be administered by the Economic

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When is a cryptocurrency not a currency?

It seems like every time someone tries to make an economic argument, they end up with the same basic fallacy: that cryptocurrencies are not money.While the argument has been around for years, it’s only recently that it’s become clear that cryptocurrency is a useful, albeit controversial, form of exchange.That said, it is not a bad

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The Ujamaa Cooperative Economy Is Going Beyond Market Demand

The Ujjamaa Company is one of the first and largest cooperative enterprises to operate in a fully decentralized system, enabling the creation of an economy of self-sufficient livelihoods.It has been building a network of cooperatives across the U.S. and Canada, from Minnesota to Colorado, since 2010.Its success is largely due to the Ujjamas innovative way