Hi all,
I wanted to give you some updates and background information because there seems to be a good deal of confusion among our Citizens; especially, but not limited to, those who don't take the time to watch the daily updates in
the Facebook Group.First of all, let me explain what We Share Abundance (WSA) is and is not!
We Share Abundance is a community with a mission and is doing something that has never been done before. You can't open new doors with old keys!
It is not an investment, bizop or money making platform!
It is true that we give away money in the form of WESA Tokens for completing simple tasks, but the main reason for We Share Abundance is in sharing God's abundance of Peace, Hope, Harmony and Love.
These 4 basic principles lead to Health, Happiness and Liberty.
You will notice that there is no mention of income which is not one of the 7 elements of abundance. Money is but a tool and can be helpful in life, but should be secondary to everything else that is offered in WSA.
If you seek first to be of service within and outside our Community, you will find that the money will start to flow to you without the need to chase it.
"But seek ye first the kingdom of God, and his righteousness; and all these things shall be added unto you." ~ Matthew 6:33
Because we have our own economy based around the WESA Token, we can stipulate a value within the Community that can be applied and that you, as a member, will always receive.
Outside our community there are 2 factors that affect the value of the currency and those are supply and demand.
Understand that the WESA Token is a new currency with a unique formula, but most people outside of our community have never heard of WESA; hence the demand is currently low and is often lower than the supply.
We could go the route of other currencies and allow a free for all in the sales of WESA, which would undoubtedly result in the value dropping to a point where it would not be worth selling and your assets would have little or no value.
To balance supply and demand, until such time as WESA becomes a much sought after asset, (which it will) we have decided to pay withdrawals with the bitcoin we receive when people purchase WESA from us. As demand increases, so we will have more funds to pay withdrawals, and when the demand exceeds supply we will have what is known as absolute liquidity.
This is almost where bitcoin is now after 11 years and with nothing backing it other than an idea. The idea behind WSA is much stronger than the one behind bitcoin and so I expect our progress to be more rapid than bitcoin's, but this will not happen overnight. It will be a gradual and steady progression and we can assist this in many ways as a Community.
The reason withdrawals are slow is not because we lack the ability to make the payments (even though the process needs improving), it is simply because the liquidity is not yet at a point where all the supply of tokens (withdrawals) can be met by demand. Due to this factor we have been true to our mission in paying as many people as possible rather than paying large amonts to a few people.
Consequently, when a withdrawal request is submitted has no bearing on when it will be paid. Withdrawals are being paid strictly on the lowest request being first in line.
This is the same for all members and is not influenced by any perceived need such as medical bills, overdue rent, lack of food, car repairs, Christmas gifts, etc. There are no exceptions to how this FREE MONEY is distributed.
There have been many ingenious proposals put forward about how and why we should service withdrawal
requests, but none meet our criteria of paying as many as possible while taking into account the current liquidity and so we will continue doing what we are doing now and that can be read on
the Withdrawals Page of the website.Since we began pre-launch back in March 2020, we have had much success and have also had some failures, but nothing will move us from our mission to fight poverty on a global scale by building a community of like minded individuals who seek more than just material gains.
No one ever said the road would be easy, but in all honesty it is not a hard road and our main objective currently, regarding payments, is to strive for paying all requests each month of $50 or less, and if we can do more, then that is a bonus
Everything we currently offer here is free and that will always be the basis of our community even though there will come a time when you will have the option to buy and sell products and services that we offer.
WESA WILL attain a strong liquidity and WILL increase dramatically in value over the next 2 to 3 years and, as a by product of fighting poverty and sharing love, there will be many millionaires and possibly some billionaires created that are sharing our vision now.
You are in a privileged position now as a pioneer in a movement that will change the world for the better forever, but most of you lack the understanding to see that.
No one ever loses money in WSA and that can not be said of any other income producing plan, business or opportinity that exists.ALL account cancellations and return of any stakes/deposits are always paid promptly, usually within 24 hours and often much faster, and if you hear anything to the contrary it is simply untrue.
You can ride the wave with us and weather the storms until we INEVITABLY reach our destination on safe and bountiful shores, or you can stay on the beach getting wind blown and hoping that some miracle will transform your life. The choice is yours!
God bless,
Graham
P.S. "The key to success is to focus on goals, not obstacles." ~ Unknown
