Money or Goodey?
Here I follow on with a thought from a previous post titled "Scarce Money or Scarce Resources?", or why I think that carbon credit is deeply flawed.
The notion of money is strongly tied to the notion of currency. We value what is scarce, and we value today what is scarce today. We value what is hip, what is cool, what is funny -- pretty much what makes us healthy and happy.
So if real, natural, and free market is based on scarce resources (as we discussed this previously) and what really matters to us right now, then currency should be tied to good air, good water, good forest, good reef - stuff that is scarce, not stuff that is in abundance.
In short, currency shouldn't be money, it should be all the natural goodies of earth that are currently at risk to be in very short supply. Then, may be not 'open money' is the best way to call it. Open goodie perhaps? You decide.
But if it to become a household name frequent use will erode it into one shortened label to be sure. In fact, you could in your mind shorten open money in just one word right now. Imagine making this a household name: goodey to give us some reminder of what it meant to replace.
Do you think it could work?
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