Thousands of social currencies are emerging as people lose confidence in the ability of the dollar to store value. At the end of the day, a currency is a social agreement. People need to agree that whatever they use for the storage and exchange of value accurately represents their productivity – otherwise they will not work for it.
Of course this is much easier said than done. Alternate currency advocates continue to stumble across substantial structural issue is defining their currency; It must be scarce, it must be difficult to forge, debase, or counterfeit and it must be accepted by everyone.
The only thing that fits all of those criteria is ‘Time’
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The Ingenesist Project specifies an Innovation Economy built on a platform of social media as the next economic paradigm. 60 minute solo presentation in the advanced technical track. Your help is deeply appreciated. All comments welcome. Material based on video series here
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Hi fascinating but it still doesn’t bode well for mothers. Especially solo parents. Time is not a currency we have either.
Thank you for your comment. I agree that the value of parenthood is invisible to money-denomiated markets. What if a company needed a person who was deeply empathetic, hugely organized, and profoundly risk averse to manage a critical program? They should hire the Mom of five rowdy children in my opinion. If you see our video on The Knowledge Inventory (zertify.com), we do indeed hope to capture the value of all experiences – including parenthood – in a skill set that is in fact visible by an economy. Thanks again
The idea of “Social Capitalism” is the only way I see we as a people can grow. I put together an idea of fundraising using your ideas. Please take a look at it and give me your thoughts.
If we are all corporations our focus should be our community and our support of the efforts of our favorite social network. Here is my example using a discount card rather than air travel. Please note in my example trust, value and support must be present for the program to succeed.
http://promoprograms.com
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