PRESENTATION
THE MOST DIFFICULT TO ADMIT!
After 2000 years, you easily design today
equal pay for men and women,
as well as the abolition of slavery.
What logical reasoning today
prohibit, for equal work, equal pay
between a Swiss and an Indian.
THE PRINCIPLE IS SIMPLE:
1 hour of handling = 1 WAT$
1 hour of mechanic = 2 to 6 ... WAT$
1 hour of robot ... = 0.01 to x ... WAT$.
1 baguette tradition = 0,10 to 0,14 ... WAT$.
(* Price according to supply and demand whatever the place and time)
The WAT $ simply told.
The company "WRW" of Bombay with $ 2 million worth of WAT$ acquired through the conversion of value added to WAT$, Mustapha is a simple maneuver in Bombay to unload in December 2017 a wooden truck for 8 hours.
He receives from his employer 8 WAT$ on his smartphone which serves as secure electronic wallet.
He decides then the next day to send to his daughter Bala in Hong Kong 6 WAT$ for his party with the help of his smartphone.
Bala receives the 6 WAT$, ten minutes later on his smartphone.
She decides to go the next day to her hairdresser in Hong Kong who asks him 3 WAT$.
3 WAT$ correspond to the one-
3 WAT$ is also what his hairdresser asked him in Bombay
2 years ago and what any other hairdresser will ask him, whatever the place and the year.
Bala played the competition to find equivalent hairdressers
in each country.
Some of them displayed very different prices according to the law of supply and demand.
There was no depreciation of the 3 WAT$ nor hairdresser price inflation over the years because the time taken by each of the hairdressers remained the same, namely one hour.
In 2017, Mustapha, who stayed in Bombay, buys a 20 € bottle of Bordeaux from Amazon.
In France the hourly minimum wage is 10 €.
1 hour of work = 1 WAT$ = 10 €
The € 20 bottle is worth $ 2 WAT$.
In Mumbai, the minimum wage is
150 Rupees a day is 2 €.
If Mustapha had not chosen to be paid
in WAT$, he would have received only 150 Rupees
the equivalent of € 2 for his day's work.
Mustapha should have worked 10 days to offer this bottle of Bordeaux at 20 €.
In WAT $ it took him 2 hours of work
like any other WAT$ holder in the world.
The WAT$ has retained the same value in time as in space.
At equal work, equal purchasing power.
Mustapha could also have asked his employer to be paid in WAT $ and Rupees in the proportion of his choice.
Since WAT$ transactions are registered and regulated, they can not escape tax and social regulations.
All WAT$ operations being recorded in the blockchain's registers, we can imagine all kinds of financial tax, adjustable by country, on each transaction.
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WAT$ is a universal currency managed by a private Blockchain.
