User:Btisler

I was inspired after watching Jonathan Zittrain on TED to propose this set of ideas:

wikimoney or wikibanking or wikieconomy

An open-source banking or monetary system to store, forward, collect, currency. Available to all persons with all means in all internet connected geography. With only simple rules and no central bank.

E.G. I have 10 us dollars in change just sitting in a jar. it really does not mean that much to me just sitting there, but if I had "a place where to deposit it", lets say "wikibank" and allowed others to use it with the promise of full repayment plus a small gift or nominal percentage deposited back to the wikibank; and then that 10 dollars now is 10.50 and is available for others to use and so on... What could possibly go wrong with that?

Despite that this is completely a stupid idea; how could it work?

The TED talk http://www.ted.com/talks/jonathan_zittrain_the_web_is_a_random_act_of_kindness.html