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A Local Currency?
#53
I hope nobody minds me bumping an old thread but this is something that hits very close to home for me.

Not only do I believe in such a system, but I have created one. I am credited as being the person to create the, "pay per post" model for community forums. In other words, I came up with the idea of starting a forum like this one and then paying people real money to post (such as $.01 to .25 per thread or post). I automated the entire system and integrated it into the forum.

I can setup such a system to be integrated into a vBulletin based forum in less than an hour.

1. There would be no physical currency, everything would be digital.

2. Rather than people buying "Punabucks" with dollars, upon being vouched for by someone already within the system, the newcomer could be granted say 10.00 Punabucks (or whatever number you want). That way a never increasing and never decreasing amount of punabucks per person is in the system. This also keeps things much more simple.

3. Over time, members come to agree how much a Punabuck or Punacent is worth. "I'll give you 1.00 Punabuck for one hour of gardening help" or whatever.

If there is a sincere desire to have this happen, it is most definitely doable and quite easy. Keep in mind that no computer system is safe from hacking unless it is not connected to the net. My system was never successfully hacked but that doesn't mean it can't happen. There are of course various safeguards that can be taken to reduce risk.
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Messages In This Thread
A Local Currency? - by JWFITZ - 12-28-2008, 07:27 AM
RE: A Local Currency? - by Chuysmom - 12-28-2008, 12:33 PM
RE: A Local Currency? - by Jon - 12-28-2008, 02:30 PM
RE: A Local Currency? - by Chuysmom - 12-28-2008, 03:08 PM
RE: A Local Currency? - by punafish - 12-28-2008, 03:19 PM
RE: A Local Currency? - by Jon - 12-28-2008, 03:44 PM
RE: A Local Currency? - by Jon - 12-28-2008, 03:48 PM
RE: A Local Currency? - by punafish - 12-28-2008, 03:59 PM
RE: A Local Currency? - by Devany - 12-28-2008, 11:22 PM
RE: A Local Currency? - by Guest - 12-28-2008, 11:40 PM
RE: A Local Currency? - by JWFITZ - 12-29-2008, 03:24 AM
RE: A Local Currency? - by Bob Orts - 12-29-2008, 03:40 AM
RE: A Local Currency? - by Jon - 12-29-2008, 03:41 AM
RE: A Local Currency? - by JWFITZ - 12-29-2008, 03:53 AM
RE: A Local Currency? - by EightFingers - 12-29-2008, 04:07 AM
RE: A Local Currency? - by WASailorGirl - 12-29-2008, 04:11 AM
RE: A Local Currency? - by JWFITZ - 12-29-2008, 04:11 AM
RE: A Local Currency? - by JWFITZ - 12-29-2008, 04:19 AM
RE: A Local Currency? - by Jon - 12-29-2008, 04:22 AM
RE: A Local Currency? - by Hotzcatz - 12-29-2008, 04:46 AM
RE: A Local Currency? - by JWFITZ - 12-29-2008, 04:55 AM
RE: A Local Currency? - by Jon - 12-29-2008, 04:57 AM
RE: A Local Currency? - by Hotzcatz - 12-29-2008, 04:59 AM
RE: A Local Currency? - by Jon - 12-29-2008, 05:07 AM
RE: A Local Currency? - by JWFITZ - 12-29-2008, 05:08 AM
RE: A Local Currency? - by Jon - 12-29-2008, 05:13 AM
RE: A Local Currency? - by JWFITZ - 12-29-2008, 05:22 AM
RE: A Local Currency? - by Jon - 12-29-2008, 05:31 AM
RE: A Local Currency? - by JWFITZ - 12-29-2008, 05:41 AM
RE: A Local Currency? - by Jon - 12-29-2008, 05:44 AM
RE: A Local Currency? - by Dave M - 12-29-2008, 05:45 AM
RE: A Local Currency? - by JWFITZ - 12-29-2008, 05:48 AM
RE: A Local Currency? - by Dave M - 12-29-2008, 05:59 AM
RE: A Local Currency? - by JWFITZ - 12-29-2008, 06:05 AM
RE: A Local Currency? - by hooligal - 12-29-2008, 07:30 AM
RE: A Local Currency? - by Dave M - 12-29-2008, 07:35 AM
RE: A Local Currency? - by JWFITZ - 12-29-2008, 07:49 AM
RE: A Local Currency? - by Darren - 12-29-2008, 03:58 PM
RE: A Local Currency? - by JWFITZ - 12-30-2008, 02:53 AM
RE: A Local Currency? - by legalcarroll - 12-30-2008, 01:52 PM
RE: A Local Currency? - by JWFITZ - 12-30-2008, 02:00 PM
RE: A Local Currency? - by rudedogg - 12-30-2008, 02:49 PM
RE: A Local Currency? - by Guest - 12-30-2008, 02:55 PM
RE: A Local Currency? - by JWFITZ - 12-30-2008, 03:20 PM
RE: A Local Currency? - by rudedogg - 12-30-2008, 03:35 PM
RE: A Local Currency? - by JWFITZ - 12-30-2008, 03:40 PM
RE: A Local Currency? - by Hotzcatz - 12-31-2008, 12:03 PM
RE: A Local Currency? - by JWFITZ - 01-01-2009, 07:31 AM
RE: A Local Currency? - by Guest - 01-15-2009, 05:40 AM
RE: A Local Currency? - by Bob Orts - 01-15-2009, 06:27 AM
RE: A Local Currency? - by EightFingers - 01-15-2009, 08:17 AM
RE: A Local Currency? - by Bob Orts - 01-15-2009, 02:51 PM
RE: A Local Currency? - by TheYogi - 04-19-2009, 07:59 AM
RE: A Local Currency? - by JWFITZ - 04-19-2009, 10:34 AM
RE: A Local Currency? - by Blakeyboy1 - 04-19-2009, 02:10 PM
RE: A Local Currency? - by centipede - 04-21-2009, 06:31 AM
RE: A Local Currency? - by StillHope - 04-21-2009, 12:30 PM
RE: A Local Currency? - by centipede - 04-21-2009, 09:25 PM

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