sohere you arereading this

now

MTTPmoney hack

first principles #1/4

what is money?

whatever comes to mindis supported by current practice

so be aware of what presents itself‘naturally’

"No problem can be solved from the same level of consciousness that

created it."Einstein

economicsis

an embodied math experiment

one root of moneygoes back 3,000 years to phrygiawhen the first coins were struck

with a king's head

everything subsequent to thishas evolved the world’s economics

as we know it today

money is considered a thingand we exchange things

"Anna exchanges a book with Barney for £10."

we think there is a relationship between the book and the number 10

traditionally we might thinkthe book is worth 10 units

let us look at this more closely

firstlyAnna gave Barney a book

Barney gave Anna £10

note:it is a process of mutual giving

secondlythe £10 is then used by Anna to buy

something useful like dinner

the real situation isBarney now has a book he wants

and Anna has food in her stomach

as we knowmoney is only a transition

Anna simply gives Barney the bookat a later date Anna is given food

book = £10exchange

is a snapshot view of the system

in ecological economicsthe book is not enumerated

in standard economicslabour is equated with money too

labour = £10£10 = book

solabour = book

people are packaged as thingspeople = things

"Anna pays Barney £10 for an hour's labour, digging a hole."

looks likeBarney is paid for digging a hole

andif Barney wants to make more

money, then he must return to Anna to do more work

these are revealed to be illusions

firstlyAnna gives Barney £10

Barney digs a hole for Anna

note again:it is a process of mutual giving

secondlythe money that Barney gets is used to buy something valuable like food

the real situation is thatAnna has a hole dug

and Barney has food in his stomach

as we already knowmoney is only a transition

in factcolonialists did not understand why non-literate peoples did not return

to get more money

after digging a holeBarney would not return

for more moneyor more work

Anna thought Barney was stupid

the real situation waswhen Barney dug the hole for the

colonialisthe did it as a favour

the coin he receivedwasn’t for the work he did

it was to give to another colonialistwho then gave him beer

in actual factBarney correctly perceived money

as a vector in time

he never thought of going backbecause one can't go back --

not in time at least!

and he never thought about saving itbecause you can’t hoard time

in a gift-giving cultureone does not go back

one gives forward

MTTPMoney-Time-Trust-Protocolone gives money forward

we decouplemoney = thing

and replace it withmoney = time = trust

in this wayecological economics

departs from traditional economicsfrom the source point

ecological economicshacks money at root

evaluate 0-10pass it on

financially commit

david pinto@ecosquared#moneyhacks