A crash course in changing the world.
"Posted by a.v.koshy on April 1, 2010 at 2:30am
I would like to define money first. It's a symbol of value which can be used as a medium of exchange.
While looking through all the given blogs on money and is future, supplied by Alchemy, a simple economic thought that was both frightening and freeing struck me,
Everything is money and can be used or misused.
Witness the idea that "Time is money."
I am sure that in the future time will be money .This brings me to point number two. Time is already money in community currencies that gives on credits for c**munity work.
But time won't be the only form of money. Eveything will be money.
I want to concentrate on innovations in India.
So I have chosen some things that are Indian in origin to suggest that this may be one of the futures of money.
Interest free banking.
http://www.indiatogether.org/opinions/rbakshi/money1.htm
http://www.indiatogether.org/opinions/rbakshi/money2.htm
Microfinance and employment. Gender help.
Hawala. Something I use in my life.
http://www.interpol.int/Public/FinancialCrime/MoneyLaundering/Hawal...
Finance and children
http://sic.conversationsnetwork.org/shows/detail3505.html
Fair trade practices must be mentioned.
However I would like to think that a combination of all this plus my idea that everything is money is the future.
So money will be credits, digital, cards, paper, minted, things, food, water, energy, skills, knowledge, anything and everything.
P.S. It just struck me that everything is already money, in a sense.
Tags: The future of money, barter, child, credits, digital, everything, fair, goods, interest, investors, microfinance "
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