Wednesday, December 3, 2008

Collaborative Currency


Mexico conference on Future of Money... from Jean-François Noubel on Vimeo.


The peer 2 peer media and software revolution is offering us a glimpse of the cooperative networked structure of future local and global economies. As an ecosocial entrepreneur and owner of a start up company providing products and services that add net benefit to the ecosocial health index, how can I align myself and my community with this emerging pattern of P2P decentralization of economy via alternative currency?

What does a collaborative currency look like?

One idea is the idea of a parking fee (negative interest) in which hoarding money is de-incentivizes by "taxing" it with a negative interested. This induces an increase of spending because no one wants to get stuck with the money, and boosts overall circulation in a community.

Any other examples of collaborative money design? here is a link to a quick article about free currencies which appear to be one kind of alternative currency geared towards the global information market .

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