Urgent Evoke

A crash course in changing the world.

Future of Money - Learn

MISSION BRIEF:
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EVIDENCE TAG:
LEARN 5
STATUS:

Your objective: What breakthrough solution will change the future of money forever?

Meet Prema Salgaonkar. She's helping invent the future of money in Mumbai.

Every day, as part of a program called Mahila Milan (or “women together”), Prema visits more than 450 households in Mumbai's Dharavi slum in order to conduct face-to-face "micro-savings" transactions.

On any given day, up to 150 of the women she visits will deposit a small amount with Prema — anything between 5 to 200 rupees. Over time, these small daily savings help the women plan a better future for their families. And it's not just happening in Mumbai — nationwide in India, more than 60,000 women have joined the Mahila Milan network.

Micro-savings is just one big idea that may change the future of money forever. Social innovators around the world are designing many more kinds of ways to trade, save, barter, earn, purchase, and invest.

Your mission this week: Uncover the creative solution that YOU think will have the biggest impact on the future of money.

Here are some places to start your investigation:

Who else has a truly creative idea for solving the water crisis? Find a great, big idea and share it with the EVOKE network.

The Future of Money
Do-It-Yourself Currencies
World of Good Markets
The Future of Barter
Local Exchange Trading Systems
Community Currencies in the U.S.

You might find more ideas by searching for "alternative currency", "community bank", "virtual currency", or "social banking". Good luck!

Your objective:

What creative solution do you think will make the biggest change in how we use money in the future? Pick your favorite experiment and tell the EVOKE network why you think it will change the world.

This objective is worth +7 knowledge share.

Get credit for your evidence! After you submit your evidence in a blog postphoto or video, go to the newly posted evidence page and log your evidence for this objective. Then you'll receive credit on your profile page!

Comment

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Comment by Mei Gao on April 18, 2010 at 6:58pm
money
Comment by Diana Zhapa on April 15, 2010 at 1:24pm
I was reading this article o money and there is this quote that caught my eye " In normal circ**stances retail barter is much less important but its persistence has puzzled some economists. The magazine Exchange and Mart devoted partly to barter has been published in Britain every Thursday since 1868. "
Comment by Dan Mahler on April 15, 2010 at 6:43am
As a matter of fact, since Evoke was created by the world bank, i feel as if im a market research subject, and my comments will help the elite banksters decide their next "business" objectives.
Comment by Dan Mahler on April 15, 2010 at 6:09am
The International monetary Fund should be abolished, as well as the World Bank and the Federal Reserve. The World Bank purposefully devalues currencies and caused the economic depression we are currently experiencing worldwide. The Federal Reserve a is privately owned bank that issues us Yanks "tokens" we call "dollars" and decides how much of it we're allowed to have. They can take these "tokens" out of circulation and cause an economic catastrophe. The reckless derivative speculation by the wallstreet bankers is based on money that does not exist. Ask any serious economist where credit comes and try to get a logical answer. The U.S. has bailed out and purchased poisoned assets and ass f***ed everyone else. The only thing that can happen is that we can live happily in pods like on the matrix while the world bank feeds every human through catheters to keep the race alive!
Comment by Mark Guillory on April 14, 2010 at 2:19am
There needs to be some kind of global minimum wage, to many corporations seek countries where they can pay their employees as little as possible.
Comment by gmoke on April 14, 2010 at 1:48am
Time dollars, where time is traded for goods and services in and among a group of people, and skill-shares, barter circles are also alternatives to currency. Barbara Brandt's _Wh*** Life Economics_ is a great introduction to alternative economics.
Comment by Max Solish on April 13, 2010 at 6:18pm
There should be money that is the same for everyone. it would more helpful in the economy
Comment by louis on April 13, 2010 at 1:54pm
A global currency should be born. Currently the US dollars are the most used but depends heavily on a selected few.
Comment by nomadHAR on April 10, 2010 at 9:26pm
@Hannah: that is what happens when cut-and-paste is used. i have a sneaking suspicion that perhaps the real Alchemy wasn't really too fond of this particular mission, and a World Bank employee wrote the post instead.
Comment by nomadHAR on April 10, 2010 at 9:23pm
arrg, stupid broken website quad posted when i only pressed the button once. now i can't even delete the duped posts.
Comment by nomadHAR on April 10, 2010 at 9:19pm
@Hannah: that is what happens when cut-and-paste is used. i have a sneaking suspicion that perhaps the real Alchemy wasn't really too fond of this particular mission, and a World Bank employee wrote the post instead.
Comment by nomadHAR on April 10, 2010 at 9:19pm
@Hannah: that is what happens when cut-and-paste is used. i have a sneaking suspicion that perhaps the real Alchemy wasn't really too fond of this particular mission, and a World Bank employee wrote the post instead.
Comment by nomadHAR on April 10, 2010 at 9:19pm
@Hannah: that is what happens when cut-and-paste is used. i have a sneaking suspicion that perhaps the real Alchemy wasn't really too fond of this particular mission, and a World Bank employee wrote the post instead.
Comment by nomadHAR on April 10, 2010 at 9:19pm
@Hannah: that is what happens when cut-and-paste is used. i have a sneaking suspicion that perhaps the real Alchemy wasn't really too fond of this particular mission, and a World Bank employee wrote the post instead.
Comment by Nick Saban on April 9, 2010 at 11:20pm
sdvsdvsv
Comment by nomadHAR on April 8, 2010 at 12:03pm
am i the only one who thinks that a truly evolved society should not and will not need money?

i, for one, do not like the focus being so much on social entrepreneurs, as opposed to those running charities or fighting for social change through activist groups.

remember, this game was created by the World Bank. money and capitalism will always be in their best interests. however, this game allows me to get people involved in charities and social activist organizations such as charity:water, the ACLU, NOH8, Cuéntame, Médecins Sans Frontières (MSF), and various LGBT PRIDE organizations.

remember, seek the TRUTH.
Comment by Timothy Waite on April 8, 2010 at 12:55am
I have to agreed with Jordache Perozzo about new forms of money just creating new problems while solving old ones. I mean look at any videogame, when it's in 1.0 there's this glitch that people use as the designers didn't intend. So they patch it to 1.1, and now people are finding new ways to get ahead.

Necessity may be the mother of invention, but the desire for money and power is the father. That's why I'm kinda scared now that a lot of gamers are getting into the workforce. These are people who are masters at Min/Maxing systems, and making the smallest advantages into game breakers, and things that are supposed to be flaws into advantages. I'm pretty sure in about 10 years when the old 80's gamers are the CEO's of the world's biggests companies, the wh*** world will be turned into a huge Thirty Xanatos Pileup. (Tv tropes)
Comment by Iman Chemais on April 7, 2010 at 9:29pm
People using money to spending lots of them on games and that is bad, I mean games that make People dependent on gaming.
Instate for losing all money on games we can share the money to made better environment.
http://www.sweden.gov.se/sb/d/2066
Comment by Georgianna Blackburn on April 7, 2010 at 4:04pm
Virtual goods market explodes... people using gaming bucks to play ... but the hidden agenda is getting more and more data. Why don't we all just SELL our data individually... we make the money instead of the marketers.
Comment by Cameron Daye Burrows on April 7, 2010 at 3:58pm
Money will always cause greed, no matter what. Even people you least expect can be subjugated to greed. The best way to secure the future of money is to educate people in proper saving techniques, and increase the national capital of poor countries.

The thing with money is simple: some places there are too much, and some places there are too little, and that most likely will never change. This is the balance of the world, and trying to improve the lives of those that are meant to be the way they are will disrupt this balance. Education is the only true gate way into a secure, wealthy future. Maybe a bit of luck

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