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Discuss the Future of Money mission here.

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The Future of MONEY? What about a future based on what money is a part of "The Economy".

If you read the latest headlines you will see that Money - The Economy is more important to most Americans than the Environment.

The sooner we get rid of this childish game of MONEY! We are not better than an elaborate monopoly game.

So the future of money. There will be no money- We are all slaves to money!
Hmm.. What about a credits based system ? Virtual credits are earned and transferred if someone lives in a certain country and travels to another the currency should change with it. Such as if an American goes to Europe the credits are automatically turned into euro's without any charge? And a bartering system used in towns for those who cannot afford it. In addition to micro loans and other available options i think this could be interesting to see.
GREAT WISDOM regarding this concept.

Paper by Ross Jackson
Global Economics —There IS an Alternative

Our civilisation is facing a unique crisis at this critical time in our evolution.
This crisis occurs only once for a global civilisation, namely when it meets the
limits to growth on a planet with finite resources. The failure of a civilisation to
deal properly with the crisis can lead to collapse, or, in the worst case, its
demise.

More by Ross Jackson.
Read also this paper.
Millennium Money: Sustainable Abundance. Hildur Jackson on Bernard Lietaer
The story this week was truly incredible, thanks for finding these links! A dozen or so Evoke players have been coming up with the same (oh lets say sick-to-the-stomach) responses and are coalescing around www.urgentinvoke.com instead, any help you have would be appreciated, but these links are great!

Robert B. Lewis said:
I’ve arranged to send your operating budget via HAWALA exchange. Bank transfers into Cuba will be suspicious and I don’t want Citizen X following us to closely especially after their scoop in London. Wow!! Just ask the people of Nairobi Kenya what they think about the HAWALA system and how it benefits them!! Question, are there taxes to be paid in the HAWALA system. I purchased these calling cards at a local mom and pop shop in my neighborhood.

http://www.france24.com/en/20090416-piracy-money-inflates-kenyan-pr...
http://www.gsmworld.com/roaming/gsminfo/cou_so.shtml
http://www.gsmworld.com/roaming/gsminfo/cou_ke.shtml
http://www.gsmworld.com/cgi-bin/ni_map.pl?cc=ke&net=kc
http://www.gsmworld.com/roaming/gsminfo/cou_dj.shtml
http://www.youtube.com/watch?v=OYjZK_6i37M
Making money to serve the interests of people is the greatest challenge that future generations will have to undertake.
The most obvious next step is to create a global currency. This will promote international commerce, balancing the flow of money into the poorer parts of the world. When I was a small child, I asked "Why are there different countries?" - I couldn't understand the point of having borders if everyone got along. Europe adopted the Euro years later, which I took as a first step towards a truly global community.

When the world is all running on the same currency, the rules of economics will change. Everyone will be on the same playing field.
I don't understand the point in the story when the female agent talks about making a new currency to help boost/enhance the few pesos floating around a poor Cuban town. Inflation, caused by creating worthless currency, has been an enormous problem and breeder of problems in centuries past throughout the globe. I must be misunderstanding an economic concept or the comic strip. Does anyone have any insight?

Also, I don't necessarily like the idea of a universal currency, even idealistically (since at least given the current world situation, it would never actually happen). I feel that it does in some ways detract from national sovereignty (which is important for sovereignty's sake but for giving citizens a purpose and preserving a cultural tradition that can be enriched through sharing, not eradication) and create some sort of unorganized entity that would be more easily abused and overtaken by a dictatorial, fatastically super-powerful government agency. Maybe that's just ridiculous imagination (or too much reading about the Biblical End Times). But not to mention that it probably wouldn't work, and would leave some countries even more desitute than they are now, because they can't keep up. One-world currency would be nice when traveling and exchanging,though!
And what happens when you travel to poorer places and spend your money there? You are shifting currency to those places. Currency barriers act much like language barriers. When everyone speaks the same language, ideas and culture mix much faster. When everyone uses the same currency, the same thing happens. Just as many developing countries know that English is important in order to join the modern world, I think it is inevitable that we will move towards a single global currency. Also, a global standard doesn't necessarily remove national currency, it's just another option for people. I think that's the way it still works in Europe, isn't it? Englanders still have pounds, Deutschlanders still have marks and so on. But they also have the option of the euro. Extending a similar option to developing countries could make it easier for businesses to transparently operate in those countries.

Rebecca W. High said:
I don't understand the point in the story when the female agent talks about making a new currency to help boost/enhance the few pesos floating around a poor Cuban town. Inflation, caused by creating worthless currency, has been an enormous problem and breeder of problems in centuries past throughout the globe. I must be misunderstanding an economic concept or the comic strip. Does anyone have any insight?

Also, I don't necessarily like the idea of a universal currency, even idealistically (since at least given the current world situation, it would never actually happen). I feel that it does in some ways detract from national sovereignty (which is important for sovereignty's sake but for giving citizens a purpose and preserving a cultural tradition that can be enriched through sharing, not eradication) and create some sort of unorganized entity that would be more easily abused and overtaken by a dictatorial, fatastically super-powerful government agency. Maybe that's just ridiculous imagination (or too much reading about the Biblical End Times). But not to mention that it probably wouldn't work, and would leave some countries even more desitute than they are now, because they can't keep up. One-world currency would be nice when traveling and exchanging,though!
im up to speed now, this is something i have been looking into for a long time now and should be fun to do
Negative

Dharma Dog said:
The Future of MONEY? What about a future based on what money is a part of "The Economy".

If you read the latest headlines you will see that Money - The Economy is more important to most Americans than the Environment.

The sooner we get rid of this childish game of MONEY! We are not better than an elaborate monopoly game.

So the future of money. There will be no money- We are all slaves to money!
I thought about the functions of money a little bit and came up with this:
— convert things (i.e. how much apples does my iphone costs?)
— convert services
— give services a possibility to be paid back immediately
— save transportation efforts (i.e. do not pass the actual goods, just the money)
— estimate groups of people (i.e. country, state, company)
— provide potential things (i.e. money is not the good itself but different potential goods)
I feel like i missed at least two important things, however i can't figure them out.

Why is this important? If you want to explore the future of money you need to understand what needs invented them and support them now and how those needs would change.
Besides, i think it is quite possible to extract some of those functions and create an alternative solution just for them, which could possibly lead to partial replacement of money with more problem-specific solution. For instance, i think that some or all services could have another foundation, not money.

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