Open source currency?
Jan. 3rd, 2006 03:46 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
skyfallerAlso, I completely fail to understand what Douglas Rushkoff is suggesting here: open source currency.
Do I need to read his books or something for this concept to make sense? He seems to be suggesting that we need money that isn't controlled by the government, and that a model of money that is based on abundance rather than scarcity will enable an economy of collaboration rather than competition. What? Can someone point me to articles that will give me more specifics? (Naturally I will also be trying to Google this myself.) This article is just too vague for me to make sense of it.
Do I need to read his books or something for this concept to make sense? He seems to be suggesting that we need money that isn't controlled by the government, and that a model of money that is based on abundance rather than scarcity will enable an economy of collaboration rather than competition. What? Can someone point me to articles that will give me more specifics? (Naturally I will also be trying to Google this myself.) This article is just too vague for me to make sense of it.
Ithaca HOURS
Date: 2006-01-03 09:26 pm (UTC)http://www.ithacahours.com/
Hope this helps.
Re: Ithaca HOURS
Date: 2006-01-03 09:28 pm (UTC)http://www.ithacahours.org/
Re: Ithaca HOURS
Date: 2006-01-04 06:32 am (UTC)Their website is pretty confusing. At one point, they say "Once listed [in the directory], you may then begin to accept HOURS as a medium of exchange" (so you can't accept HOURS without their permission?--that's a lot of central control), but other things they say make me think they don't really mean this. Oh well.
Also, HOURS seem tied to the dollar so that one HOUR _necessarily_ is $10. Are businesses not free to treat them differently?