The VIVAconomy! A crypto economy integrated with the FIAT economy

Over the past decade, there has been a surge of interest in virtual currencies. But what can we do with these currencies?

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 The orientations of cryptocurrencies

"A cryptocurrency or cryptographic currency is an electronic currency on a peer-to-peer or decentralized computer network based on the principles of cryptography to validate transactions and issue the currency itself." 

 https://fr.wikipedia.org/wiki/Crypto-monnaie 

Crypto-currency is a virtual currency transferable from peer to peer, without territorial limits, without the intermediary of banks and at little cost. Around this concept, all sorts of theories on universal currency, decentralized governance and algorithm management have been grafted. 

We want to change the paradigms for a new economy, a new society. To integrate it into the real economy (FIAT), promoters of crypto-currency offer merchants to accept electronic portfolios and modify their accounting systems.

 Crypto-currencies are very volatile and unreliable. The value of Bitcoin has almost quadrupled in less than 6 months! To date, there are 724 cryptos currencies, each day seeing and disappearing a new currency. 

A revolution: the VIVAconomy 

Instead of changing the mentalities, the current economic and political structures, VIVAconomy adapts the new technologies to our millennial structures. It is a virtual state with its central bank, its currencies, its government and its citizens. 

• Traditional structure 

Traditional economies evolve in a state although many companies are becoming global. Activities produced in one country are attributed to the economy of the country with the currency of the country. The central bank produces and regulates the value of money. Governments circulate money. 

An individual buys a product from a shop or a company. It buys from suppliers who buy raw materials and process them. They pay employees and taxes to governments. They redistribute these revenues to individuals and businesses in the form of wages, purchases of goods and services, provision of services to the population: justice, education, health, etc. It is the economic cycle! 

• Structure of the VIVAconomy 

Crypto-currencies are, for the moment, mostly speculative and oriented towards transfers peer to peer. 

The VIVAconomy reproduces the cycle of the traditional economy. It becomes a virtual state with virtual citizens. Every day, the citizen named vivo receives an allocation of votes commensurate with his influence. Each vote corresponds to $ 1 USD that it assigns to a project, a person, an article. 

When I buy a book, a journal, I pay for the work that others have done. When I read an article on the Internet, I take it for granted that it is free. However, the author provided unpaid work. It does not require to be paid but we can offer it a reward or a $ 1. 

By receiving $, the citizen first ensures his substance by depositing them in a current account that can be transferred to FIAT. The surplus will be saved in % of its influence and then paid later as dividends. Individual savings are part of the general investment fund that is managed by the virtual state or the VIVAcrown holders' meeting. 

The holders of Vivacrown form the central bank and the government. They have the power to produce money and to regulate its value, to attribute votes and subsidies. As the virtual state does not have to pay services to a population, it redistributes the amounts as follows: 50% of the investment fund (VIP) is paid in dividends, 25% is allocated in subsidies (AR), 25% is Granted to the social network. The social network grants each day a voting allowance of $ 1 USD determined by its influence. 

This is the economic cycle of the VIVAconomy! 

From crypto to FIAT

In the crypto, one of the problems is to convert a crypto into a fiat. Currently, for most cryptos, they need to be transformed into Bitcoin, forwarded to an Exchange, sometimes two. Then you have to transfer them to your bank or credit card. The process is relatively complex for an uninitiated. 

The value of a crypto varies from minute to minute, just like the value of the Bitcoin and a FIAT. Thus, even with an electronic wallet, at the time of a transaction, the value of a Bitcoin will have changed. In every stage, you have to pay even minimal fees. 

... and the VIVA solution! 

Viva offers an electronic wallet called TradeQwik. All transactions in the VIVAconomy are based on the VIVAcoin. A third currency is vX (Ex. VUSD, vCAD, vEURO) indicates the number of VIVAcoins corresponding to $1 USD or $ 1 CAD, etc. according to the updated exchange rate. 

Viva offers all the tools to be used by all the currencies of all the countries. All you have to do is transfer the vX on a MasterCard debit card. 

The MasterCard debit card is accepted in most shops, ATMs and ATMs offering Interac. 

In short, nVivacoin = $ 1 USD -> MasterCard Debit Card. 

This is a simple and easy way to integrate the crypto and FIAT currencies.  

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 According to the White Paper: https://s3.amazonaws.com/vivacoin/viva-white-paper-v-2-0.pdf 

Article 1 : https://steemit.com/viva/@grandpere/why-viva-will-be-the-next-generation-of-crypto-simplicity-in-a-complex-environment  

Article 2 : https://steemit.com/viva/@grandpere/viva-an-exceptional-social-project-the-crypto-at-the-service-of-society 

Article 3 : https://steemit.com/viva/@grandpere/the-vivaconomy-an-ecosystem-oriented-towards-participation-and-collaboration 

Website : https://vivaco.in/