Prompt

We might need to also determine various core units of each type - and that’s a tough exercise maybe requiring a few for each type:

Spiritual: Hours / Experiences Social: Views / Referrals Natural: Hours / Physical Units

These two are especially tricky since the value can be so qualitative:

Intellectual: Ideas? Cultural: Designs? ~ Will Cady

Each form of capital has an exchange rate, and that rate may/will be able to fluctuate over time and the exchange rate may/will be able to fluctuate per project as well (for example, project 1 may be in desperate need for X, which isn’t as important to project 2, so, therefore, has a diff value (both in potential marketplace offering of R$ value and in the exchange rate)) At least, that’s what’s in my head, as we iterate." ~ Jim Goodman

"In Second Life, initially we set the exchange rate…eventually there will be a Resdex -> Resonance Dollar Exchange." ~ John Zdanowski

"I don’t fear the “run on the bank” because the underlying premise of #one-inc is that there is no separation between Citizen and One. Therefore, if many Citizens seek to withdrawal at once they will, as with any exchange, be informed of the state of the whole in the process. If, for example, financial capital is not available at that time, there can be a queue. At no point, will a Citizen be led to believe that One has something it does not as we are always communicating position (akin to an ant dropping chemical signals for other ants so as to create the emergent property of the colony)." ~ Brian Swichkow

Contexts

• #cooic-economy

Collaborators

• #johnzdanowski

• #jimgoodman

• #willcady