Susu is one of the ancient traditional banking systems found mostly in African countries as a means of funds mobilization for commencement, sustenance and in some cases development of small scale enterprises (SSE).
Inspired by Chairman Resh G. and company.
Can the African diaspora be united using bitcoin?
The source of value in a model based on real money comes from the people, their labor and ingenuity. In a system based on real money the liquidity and growth comes from risk/reward shared by all parties involved (susu). This model will naturally bring the parties involved closer together in a communal sense. If you do good, we do good. If you do bad, we do bad and vice versa. Partnership is the way to strengthen our bonds and grow our economy as a community independent of the status quo.
On a final note, The National Bureau of Economic Research did a study and found that “…saving in a group more than triples your chances of saving money”.
Peace and Blessings,