Transition

This section is a kind of self-obvious, but it is encapsulated into a separate unit to emphasize that transition is planned to be smooth and painless.

Supposed we figured out all the details, built all the computer centers necessary, wrote all the software needed and tested it. All are ready to switch to the new economy. How do we do the transition in a smooth way? Below is a list of some reasonable ideas, which we will keep developing and updating.

  • Ideally, we would want all countries simultaneously to switch, but it will take probably too long to make all governments agree. It seems to make sense to enable new economy per-country basis while keeping the conventional monetary system in between the countries.
  • The transition should happen by government decision a year or so in advance.
  • The C-System must be already running in parallel to all conventional systems, recording all the transactions and feedbacks.
  • All people already have an account in the C-System.
  • All companies are already registered as projects.
  • Co-workers already signed the contracts with the project management.
  • All should stay the same. People will still go to the same workplace next day after the switch.
  • Nobody gets displaced. Everyone keeps the job they were doing before, with rare exceptions like money broker, for example. They would have to change the career.

In fact, it is too early to tell the details of the transition definitively. It is only significant at this point that it must be and will be designed to be smooth. It may quite probably be a case that two systems will co-exist simultaneously for a while. For example, CI could be already computed and assigned to every person and every company and is regularly updated, while the old economy is still in force. In such a case, CI can be considered as an auxiliary secondary criterion for making various decisions. Over time, CI will be taking into account and used more and more frequently, similarly to how credit scores are in use now. Areas of its applicability will slowly expand from loan decisions to employee/employer relations, i.e., salary decisions, and eventually to political campaigns and voting mechanism. The conventional money may be switched off at some point then, when they become undoubtful redundant and inefficient.


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