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a brief history of money



base reality - the economic unit

1a.png

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    money comes, money goes

    it has no loyalty

    the same for all



















cascading down



1b.png

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    it isn't coming back

    you don't really know where it comes from

    spending money is voting - what are we voting for?



















level in a virtual reserve



2a.png

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    virtual money in a virtual container has a real level



















changing levels



2b.png

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    every exchange adds to one level and subtracts from another


















exchanges in community



2c.png

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    this can only be expected to persist in a closed network

      the network can be large or small

      it can measure in any unit

      and operate under whatever rules are agreed



















multiple cc systems -

2d.png

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    a group of users can form many different networks, for different purposes.

    open money is multiple by definition

    if there aren't easy means to create systems whenever wanted, it's not open money.



















systems distributed across multiple servers

3a.png

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    the same extension as a LAN to internet


















game outcomes

5a.png

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    with a single currency, the table would be vertically uniform



















community balance

5b1.png

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    even distribution

    individual behaviours (stagnant accounts) do not affect the overall system



















conventional disparities

5b2.png

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    since some have more, others have less

    spending is a required behaviour



















how money circulates

1c.png

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    round and round, and in and out - the macro-economics of money and community.



















the economic map

4a.png

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    Where money comes and goes.

    An effective cc system should support trading between as many sectors of the economy as possible. The particular needs of the non-profits - the most financially deprived sector - can be supported with cc systems.



















"community way"

4b.png

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    A means to stimulate the start-up of systems, raise money for non profits and generate substantial business participation.

















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