IDMoney-Money Making Wallet

Money Right thanks to virtual ID

Today, in the midst of the war between species, humans are suffering a lot of casualties and are living in fear. The best hopes reside in the capacities, sacrifice, and human love of those who are facing every day the invisible enemy, codenamed COVID-19, trying to save the lives of those who have been infected and struggle to survive. Doctors, nurses, and all medical and support personnel in the frontline re doing an incredibly risky job, putting their own lives on the line to save other sick fellow human beings. We all expect that it is a matter of time for the pandemics to be defeated. But the recovery from the economic damage to societies may last for long. Today, all but the essential economic activities are paralyzed in many countries. This has prompted a variety of political initiatives to take care of the loss of income for both companies and workers, but also for the many disadvantaged sectors in society. It is a time of solidarity since only united, together, countries will be able to recover faster and, in the process, to become better societies. The dramatic challenge, we are all facing has brought to the limelight a hardly an acknowledged but essential human rights, namely, the human right to have money (or income) to be able to live with dignity. Today, as many enterprises close down and workers lose their income, it is essential that all sectors in society acknowledge the fundamental human right to have money and take concrete steps to make it a reality. In this, the State must certainly play a leading part, but all sectors of society are called upon to find effective and innovative ways to contribute. One innovative initiative comes from Global Money, the crypto-based human right operation born in Costa Rica. Global Money envisages the possibility to use the opportunity offered by crypto digital assets to try to generate e mechanism that contributes to a solution to the liquidity problem affecting large parts of the population while realizing the right of people to own and benefit from their virtual personalities. The latter is a problem that’s acquiring increasing importance and, in the future, will most certainly require intensive attention, particularly from the big data companies.

The proposal of Global Money is addressed particularly to the big-data companies, asking them to take the lead in realizing the right of people to have money while simultaneously realizing the right of people to own and benefit from their virtual personalities. The proposed mechanism will work with the following steps:

(1) All institutions and organizations acknowledge the right of citizens to receive payment for access to their particular data;

(2) The Reserve created by Global Money will emit a large amount of Global, an active digital asset or crypto;

 ...