8mo ago

Introducing the Monero Circular Economy Pledge (MCEP)

Committed to building better commerce

This is an insignia to place on your website to build confidence with Monero buyers and businesses who want to develop a self-sustaining economy.

Businesses that use the MECP graphic:

🟠 Pledge to only use the profits of their Monero sales to purchase other products or services with Monero.

🟠 Pledge not to use exchanges to convert their Monero into a fiat currency.

🟠 Pledge to seek out and transact with other MCEP businesses where possible.

I'm currently creating a list of businesses that want to join this pledge. You can apply here: https://moneromaster.substack.com/p/mcep

7 comments

While I do admire the pledge and I hope it succeeds, IMO, it's a bit too idealistic given how few people currently accept Monero. My suggestion is to have three tiers...platinum (the above)...gold (add "where possible" to each level) and bronze (add "or other crypto" but not fiat when not possible).
- Thanks for your input - this pledge does not exclude people working with Fiat, it's more so that they keep Fiat with Fiat and Monero with Monero.
  Not all businesses will be able to do that and that's ok, some will have to limit the number of clients they take this way but it's still a good step to get the Monero culture moving in that direction 😁