Imagine a world where
the hour of work would be the monetary unit.
"Nothing is more powerful than ard afn idea whose time has come" VH
The word after.
The world is facing since the crisis of 2008
to a problem of distrust of his currencies.
What value can be given over time to currencies
that have lost their monetary standards (gold, silver ..)
What confidence can we have in a global monetary system that is constantly to turn his money cards
and whose global debt is:
$ 237 trillion.
How much longer will the world bear,
without extreme violence, these growing inequalities?
In 2015 fund manager Jims Simons won
3,500,000 times
the annual salary of a Bangladeshi textile worker
Inflation, deflation, speculation, manipulation, relocation here is what led us to imagine:
the WAT$.
The WAT$ is a universal and stable currency
whose monetary standard is:
the hour of work of a person without special qualifications.
1 hour handling in Geneva in 2024 = 1 WAT$
1 hour handling in Mumbai in 2018 = 1 WAT$
1 hour plumber in Boston in 2075 = 4 WAT$
