Newsletter dec 2013

New timebank in Tel Aviv

Our engineer Matthew Slater was invited to Israel along with reformer Ben Dyson to present his software at a monetary reform event. Complementing Ben's talk about money, government and banking, Matthew showed how locally issued fiat currencies could be used to manfiest local values, and how emphasising accounting metrics other than the actual balance (total earned minus total spent) can indicate a user's contribution to the community.