Blockchain: Coin of the Realm

Reducing money friction since ...
Putting choice back into the equation.
Card image cap

Everyone is doing it, but no one is getting it right!

Blockchain is the freedom from centralized authority with all the risks and benefits that may entail.

With a proper implementation of Blockchain, the ease of moving small amounts of money should become almost painless.

By painless, we mean the fees go as little as possible into the non-local financing corp's hands.

In physics terms, we want to reduce the coefficient of friction for moving money.

In more simple terms, once you get the transfer of money (value) ball rolling, it moves along with less effort than it took to get it rolling.

Putting choice back into the equation.
Card image cap

Banks have always changed...

In colonial times, the First National Bank was chartered with the following rules:

  • That the bank would have a twenty-year charter running from 1791 to 1811, after which time it would be up to the Congress to approve or deny renewal of the bank and its charter; however, during that time no other federal bank would be authorized; states, for their part, would be free to charter however many intrastate banks they wished.
  • That the bank, to avoid any appearance of impropriety, would:
    1. be forbidden to buy government bonds.
    2. have a mandatory rotation of directors.
    3. neither issue notes nor incur debts beyond its actual capitalization.
  • That foreigners, whether overseas or residing in the United States, would be allowed to be First Bank of the United States stockholders, but would not be allowed to vote.
  • That the Secretary of the Treasury would be free to remove government deposits, inspect the books, and require statements regarding the bank's condition as frequently as once a week.[9]

NOTE: The first National Bank was not renewed in 1891.  This led to ... the 2nd National Bank.

NOTE #1: The Second National Bank charter was also not renewed leading to ... the  Free Banking Era.

This led to the National Bank Era which led to what we have now, the Federal Reserve.  

All opinions aside, banks have changed in structure and format regularly when they failed to serve the public as the public demanded to be served.


Putting choice back into the equation.
Card image cap

Fees Now

Generally, your everyday coffee shop pays 25 cents and 2.9% in fees on every purchase for the convenience and security of using credit cards.

If the average purchase is $4, the average fee is $.25 + .029 * 4 = .25 + .116 = $.366 per transaction.

On hundred customers a day in an average coffee shop means $36.60 in fees per day per shop.

If there are 100 shops in Brooklyn, then $3,660 per day in fees.

If there are 50 cities this would work in, thats $183,000 PER DAY in fees.

That rolls up to $67 MILLION dollars a year.

What if we could redirect that money back to the roaster/cafe, the customer and some causes. A decrease in price, an increase in profits and millions spent on our local areas!

Putting choice back into the equation.
Card image cap

Shrink those costs

Shrink costs how?

Instead of using your credit card for about $25 per week and paying $2.56 of that (10% in fees), do an ACH transfer approximately once a week of the same $25 and use an app at the cafe to buy the coffee. 

The fees go from $2.56 to either .25 or, depending on the bank, $0.00.

If all goes as planned, the $67,000,00 in fees that exit the community can be shrunk to $7,000,000 that leaves the community, and $20,000,000 each to the roaster/cafe, patron and causes.

Putting choice back into the equation.
Card image cap

Matter of Trust

If we can convince you, the coffee buying public, of the minimal risk and strong upside, we hope you will join us on our coffee crusade for a stronger local economy as well as supporting activities you think are worthy.

William Shakespeare said there was nothing new under the sun.

This is just a voluntary version of what happens with EZ-Pass.  They draw $40 off your bank account and hold the $$.  Each toll is subtracted from that balance in "their" bank.  When you hit no money left in "their" bank, they take another $40 from "the bank", "your bank".

Putting choice back into the equation.
Card image cap

How You can help...


Support us by trying our SwampSlurry Espresso (either by purchasing HERE for personal use or for an event or for your cafe/co-work/business).

With that support we will work on the iPhone / Android app for change using your change!

Putting choice back into the equation.
Card image cap

Initial Causes


We are starting to noodle some core causes that should be inline with most coffee drinkers beliefs.  We will post an update here monthly and will seek your opinion.