Comments on: Alternative Currency http://fs.pkheavy.com/2009/09/alternativ-currency/ Wed, 30 Nov 2011 17:00:46 +0000 hourly 1 http://wordpress.org/?v=3.1.1 By: Zachary Kurtz http://fs.pkheavy.com/2009/09/alternativ-currency/comment-page-1/#comment-77 Zachary Kurtz Sat, 12 Sep 2009 21:10:42 +0000 http://fs.pkheavy.com/?p=195#comment-77 That sounds interesting, but I'm wondering if "time" is the most accurate way to valuate one's labor. That sounds interesting, but I’m wondering if “time” is the most accurate way to valuate one’s labor.

]]> By: KingofthePaupers http://fs.pkheavy.com/2009/09/alternativ-currency/comment-page-1/#comment-76 KingofthePaupers Sat, 12 Sep 2009 05:39:09 +0000 http://fs.pkheavy.com/?p=195#comment-76 > “woofie” is given based on mutual respect (whether its for a job well down or a good conversation). Woofie is used as the de facto currency, and will buy you anything you need, but it also seems to be self-reproducing. In other words, I don’t have to give up my own woofie to give some to another. Jct: That's how a LETS timebank works. “IOU-1-Hour” is given based on mutual respect (whether its for a job well down or a good conversation). "IOU-1-Hour" is used as the de facto currency, and will buy you anything you need, but it also seems to be self-reproducing. In other words, I don’t have to give up my own "IOU 1 Hour" to give some to another. And in Africa, you can transfer "I(IOU-1-Minute) by cellphone already! > “woofie” is given based on mutual respect (whether its for a job well down or a good conversation). Woofie is used as the de facto currency, and will buy you anything you need, but it also seems to be self-reproducing. In other words, I don’t have to give up my own woofie to give some to another.

Jct: That’s how a LETS timebank works.
“IOU-1-Hour” is given based on mutual respect (whether its for a job well down or a good conversation). “IOU-1-Hour” is used as the de facto currency, and will buy you anything you need, but it also seems to be self-reproducing. In other words, I don’t have to give up my own “IOU 1 Hour” to give some to another.

And in Africa, you can transfer “I(IOU-1-Minute) by cellphone already!

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