[p2p-research] Fwd: <nettime> P2P Gift Credit Cards - Gift Finance. Press Release.

[Kevin Flanagan]

---------- Forwarded message ----------
From: Paolo Cirio <info at paolocirio.net>
Date: Tuesday, 21 December 2010
Subject: <nettime> P2P Gift Credit Cards - Gift Finance. Press Release.
To: nettime-l at kein.org



Press Release, 20 December 2010. London.

P2P Gift Credit Cards - Gift Finance.
http://P2PGiftCredit.com

This project proposes an alternative economy based on Peer-to-Peer
architecture for a more equal sharing of wealth in society. It offers
an innovative participative system using counterfeit virtual money.

Promotional AD:
Go on http://P2PGiftCredit.com and get your P2P Gift Credit Card
instantly, just by typing your email or cell phone number. When you
activate the card you get your first ?100 of gift credit! Other
rewards come every time you introduce a new friend!

About the P2P Gift Credit Cards:
By issuing a visionary type of credit card, the project introduces the
P2P Gift Finance system based on Peer-to-Peer free credit shared
across digital networks. The P2P Gift Finance is a democratic creation
of money directly regulated by ordinary people in order to
redistribute wealth in society. Power to create virtual money with a
multiplier effect should be restored to the people, and regulated by
democratic participation. It is recognised that the perpetual creation
of money is necessary, however, since there is a private monopoly on
the monetary system, it is proven to be unfair and is unlikely to ever
change without intervention. Indeed many theorists have pointed out
that allowing banks to create money is fundamentally unjust, unethical
and immoral.
Find out more about it:
http://P2PGiftCredit.com/about.php

More details:
The website P2PGiftCredit.com allows people to generate unique virtual
card numbers to send to others via digital devices and platforms. In
order to activate and use the P2P Gift Credit Cards users must
generate new virtual credit card numbers for friends. Rules like this
underline the idea of 'Sharing' a concept which defines the basis of
P2P Gift Finance and enables a viral spread of free credit among
people, generating a real alternative virtual credit that anyone can
own. This approach also simulates the distribution of free credit by
people as a form of "Basic Income", which may help to stimulate the
entire economy.
Find out more how it works:
http://P2PGiftCredit.com/how.php

A limited edition of physical plastic P2P Gift Credit Cards are
available by request on the P2PGiftCredit.com, and they will also be
distributed through public actions in London during the month of
January 2011.
You can see a preview of the printed card and its holder in this
picture:
http://P2PGiftCredit.com/press/P2PCC_carrier_HD.jpg

Purpose of the project:
- Researching alternative virtual currencies, peer-to-peer lending
platforms and electronic payments as a positive step in reshaping the
future of sustainable finance in the contemporary digital networked
scenario.
- Underlining the consequences of private speculative lending
institutions and explaining how they often determine economic crises
due to the deregulated creation of credit.
- Calling people to sign petitions to shut down tax havens, and to
investigate the bailout money that taxpayers recently paid to major
banks by supporting ongoing campaigns on this issue.
- Bringing "Basic Income" (as a form of universal, guaranteed, minimum
income) to public attention and the inequities of current patterns of
the redistribution of wealth into question.
- Targeting social classes vulnerable to the deceptive marketing of
the credit card industry (such as university students, artists, the
unemployed and people with low incomes) in order to highlight the
inherent dangers.
- Increasing awareness about global credit and debit owned by people
and banks during the recent so-called global recession, as well as
issues related to the creation of money.

If you would like to have more information about the recent so-called
"economic recession", the victims of global fraud, the artificial
scarcity of money, or, if you would like to know more about the credit
card industries, their criminal interest rates (which cause depression
and suicides), and more besides, you should have a look at the
Infoshop section which is a real treasure trove of information:
http://P2PGiftCredit.com/infoshop.php

A project by Paolo Cirio.
http://www.paolocirio.net
(This project is commissioned by an anonymous arts organisation in the
UK)


ps:
At the end of January Paolo is going to release an explosive-top-
secret project! So stay tuned! It is not to be missed






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