Urgent Evoke

A crash course in changing the world.

Real Bank, San Pedro-Ambergris Cay, Belize. April 7 2020

Real Bank and Real Money

After the global collapse of fiat currencies and Bank runs that the fractional reserve banking could not handle there is a new hope: Real Money and Real Bank. The concept is very simple: The Dollar, the Euro, the Renminbi, the Ruppe . . . all currencies were disconnected from real assets, from reality and that´s why they collapsed. It got even worse when virtual currencies from games where exchanged for real objects. The energetic cost, the real impact every purchase has on a social and environmental levels was abstracted even further. Instead Real Money is based on real objects and real time. You work an hour = 1 Real Money Unit. I kilo of bananas = 1 Real Money Unit. Real Bank units can´t be printed unless there is a real tangible object or quantified hour of work. Simple. The Real Bank is Community Owned by the San Pedro Community.



This is what Real Money looks like.


Sure this is just the beginning and complexity will emerge pretty soon. So far a Doctors hour is worth exactly the same as a bus driver hour, but everyone seems fine with it for now. The future might be a different story. How many kilos of mango do you need to buy a laptop? 536. It can get complicated soon, so people are lookingn into this alternatives:

www.kiva.org seems very popular in San Pedro.

Agent Michele Baron has been working on this project since 2010
http://www.urgentevoke.com/profiles/blogs/imagine5-sustainable-energy

Agent Mark Mulkerin founded The First Bank of Evoke
http://www.urgentevoke.com/profiles/blogs/the-first-bank-of-evoke

Agent Radhika Darbari founded The People´s World Bank
http://www.urgentevoke.com/profiles/blogs/the-peoples-world-bank-our

Can you help the people of San Pedro find more alternatives? Please write them in this blog.

As people say in San Pedro: "Money-Keep it real."

Views: 346

Comment by Thomas Maillioux on April 24, 2010 at 9:31am
Local currencies really are on the rise ! I hope they turn out to be a sustainable system, more in tune with the real value of everyone's work.
Comment by Paul Holze on April 26, 2010 at 7:06pm
Love the "This is what Real Money looks like" :)

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