#sooding

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The world is nothing but a chain of commodities mapped to either buy or supply.

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Walt Disney business design

This never gets old!

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REMAKE IN INDIA!

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The why and how behind virality!

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That which drives my mom and millions to worship is objectifying the unknown. Making it easier to deal with.

by Vikram Sood

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I at a very young age have begun to finally believe ignorance is bliss in certain situations, or the shock of lack of control over your own life and future can be happiness threatening :-)

by Vikram Sood

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'Conceptual Economy Bank' a new form of currency by Vikram Sood

Back in 1997, at the University of Connecticut, Mr.Alan Greenspan, former chairman of the Federal Reserve spoke of the https://en.wikipedia.org/wiki/Conceptual_economy 

He said "The growth of the conceptual component of output has brought with it accelerating demands for workers who are equipped not simply with technical know-how, but with the ability to create, analyze, and transform information and to interact effectively with others. By 2004, he had developed his views on the topic, referring to reductions in manufacturing in the United States, outsourcing to India and China, excess of supply and the global marketplace, all leading to the increasing conceptualization of economic output.  Conceptual economy is a term describing the contribution of creativity, innovation, and designskills to economic competitiveness, especially in the global context.

I have been a part of the creative industry in various roles and departments since 2000. And here, for the first time - I am attempting to build and propose a new kind of system for banking and funding creative entrepreneurs.  The pillars of the proposed systems are taking shape across the world, especially in the IP enforcement strong countries. 

As we move into this era of a new economy; ideas will be born with an inherent value. Which means innovative ideas that have global or even locally monetize-able applications will create new value. This in turn means an idea it-self can become a currency. This new form of currency will need to trade, and as such it will need a bank based on this new currency; The CONCEPTUAL ECONOMY Bank.

Why? The future of currency is definitely not singularly physical anymore. We are well on our way into a digital currency with the first avataar in 'BitCoins', and i am sure Bitcoins will will morph into a more mature currency as we travel through the Conceptual Economy Age.  In the Conceptual Economy - Individuals and organizations with innovative ideas which have proven inherent value (IP); will be able to deposit them at a global bank 'Conceptual Economy Bank'. The bank in turn will transact across the globe by turning those ideas into assets, or use them as a security - like a bullion reserve was in the past days. This bank won't offer retail banking facilities; like an ATM etc. but will play a more fundamental role in partnerships will global IP protocols like WIPO, and other regional and local IP protection and enforcement regimes. It will help innovators and inventors #COBUILD a business without any cash injection at all. It will all be about collaboration and co-creation in return for #coowned #covalue.  I shall post more thoughts on the Conceptual Economy Bank as i go thinking deeper into the concept.  

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I have prided my optimism, i have been the beacon of hope for many i know. But today as my own flame of dreams flickers lonely in to a stream of dark grey smoke headed for the sky above, i can’t do anything but hope. Hope that i still have some strength left to get up, when time comes knocking. 2014, what a teacher you have been.

Vikram Sood