Added: 1 year ago
From: nittyjee
Views: 2,997
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  • great stuff, network culture needs networked currencies.

  • @seannosheart then it would just be a timedollar! Each has their purpose - in Madison, WI they have both, and they complement each other, as they are exchanged for one another often, but they can't create the same effect by sticking to one

  • @tensform: I think it should be the other way around, really. The Ithaca Hour, in order to become part of a universal complementary monetary system, should modify their conversion of 1hr=$10USD to 1hr=1Timedollar! Think globally and act locally!!!!

  • Well what is to be done then? Maybe the UN should modify their conversion of 1 hour = 1 time dollar to allign with Ithaca's 1 hr = $10 ?

  • Jct: Sad it doesn't mention the "United Nations International & Local Employment-Trading System" in the Millennium Declaration C6 Resolution for a UNILETS Time Standard of Money where everyone will be able to trade their Timebank eIOUs globally in units of time that everyone understands everywhere. It's just sad that an Ithaca Hour is worth US$10 timedollars while the timebank counts 1 Hour = 1 Timedollar. How unfortunately inconvenient.

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