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Let’s Co-Opt Currency!

An introduction to

Metacurrency & JoatU

Jamie Klinger

Founder of JoatU

Special Thanks to Arthur Brock, Founder of Metacurrency & Holochain

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How to listen to this presentation

Whenever you hear these words,

think beyond money.

Actively think how these words play

Wealth, Currency, Value

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What was most important to me?

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Winning the

‘game’ of life.

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What is most important to me?

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Creating as big of a positive impact as possible while living according to my personal values.

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What is most important to you?

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People

Money

Current

Global System

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Currency in Capitalism

Cash, Rules, Everything, Around, Me

C.R.E.A.M.

Get the money

Dollar, dollar bill y'all

Wu-Tang Clan

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Currency as Relationships

The shared symbol systems that we create to shape, enable, and manage flows.

Art Brock

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Currency as Information

  • The ‘current’ that we see

  • The flow of information

  • X/Y

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Currency in Traffic

Cars on Sherbrooke/Hour

Currencies/Values/Information/Relationships:

    • Noise in Decibels
    • Pollution
    • Circulation Speed
    • Accidents

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A People-First Economy

Money

People

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JoatU

Ville Intelligente

et Inclusive

2017 Winner

Jack of all trades Universe

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How it works

JoatU generates Community Action Points to recognize their community contributions

Volunteers trade their CAPS in exchange for goods & services in the hyperlocal online marketplace

Community members create positive actions & events in their neighbourhoods

Local

Neighbourhood

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CAPS

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CAPS

JoatU

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Merci JoatU!

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So what about that job?

1

Your Labour

2

Their Capital

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What other currencies are exchanged?

1

Your productivity, your restfulness, your creativity, your time

2

Working conditions, (in)security, stress...

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Founder of JoatU

Jamie Klinger

My First Jobs

  • Assistant Hat Shipper
    • Had many hats to offer but they only wanted one
  • Telemarketing “Medic-Alert” Bracelets
    • Phoned in Ethics

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From First Jobs

to New Economies

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Three Lessons from Occupy Montreal

  • Inequity leads to Inequality

  • Inequality leads to Inequity

  • Centralisation of Wealth inevitably leads to the Centralization of Power

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How to maintain a system of inequity

Accumulation

Capital

Information

Centralized

Value Creation &

Valuation

Centralized

of Centralized Institutions

Corruption

disrupt

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How to decentralize control of valuation

  • Decouple Wealth in $ from Wealth

  • Force the recognition of “Value” in ‘externalities’

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Introducing

Metacurrency

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$60

40lbs

Organic

1st Prize

Apis

Mellifera

Western Honey Bee

Can they evolve their dances which �communicate where �the flowers are?

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Co2

Credits

48lbs/yr

offset

Certified Disease-free

Increased Life Expectancy

Red Oak

How will trees

affect the

surrounding ecosystem?

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Speculative Wealth diminishes Non-Speculative Wealth

The Great Lie

If we pay money (speculative wealth) in exchange for (tradable wealth)...

Then it’s ok to pollute more (destroying rankable, measurable, nameable and possible wealth).

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If we spend all of our money to make honey,

and none to protect the environment bees use,

then we lose the entire food system!

Reality

Speculative Wealth diminishes Non-Speculative Wealth

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What now?

Detach speculative wealth from absolute wealth

    • Shift your perspective on wealth, currency & value using the practices of Metacurrency

    • Integrate alternatives that incorporate forms of wealth that recognize your values, like JoatU

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JoatU

Ville Intelligente

et Inclusive

2017 Winner

Jack of all trades Universe

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$70/hr or CAPS

Labour

Teaching

Diplomas

Experience

Qualitative Reviews

Alice

All of the ways that people interacting can change each other’s lives

Offering her services with

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How it works

JoatU generates Community Action Points to recognize their community contributions.

Volunteers trade their CAPS in exchange for goods & services in the hyperlocal online marketplace

Community members create positive actions & events in their neighbourhoods

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JoatU’s Alternative Currency

CAPS

Community Action Points

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JoatU CAPS: Currency Phase 1

Members

Personal exchanges

Community Offerings

CAPS Created

CAPS Value/hour

50

5

0

0

No CAPS

100

25

0

0

No CAPS

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JoatU CAPS: Currency Phase 1: Personal Exchanges

Bob has skills in woodworking.

Alice has skills in plumbing.

Bob and Alice come to a personal arrangement and exchange 1 hour of woodworking for 1 hour of plumbing.

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JoatU CAPS: Currency Phase 2

Members

Personal exchanges

Community Offerings

CAPS Created

CAPS Value/hour

50

5

0

0

No CAPS

100

25

0

0

No CAPS

150

50

5

50

Fixed 10/hr

200

100

15

150

Fixed 10/hr

250

150

20

200

Fixed 10/hr

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JoatU CAPS: Currency Phase 2: Community Exchanges

Alice wants to to build mini-herb gardens in the tree planters up and down her street. She’s looking for

  • 24 clippings of herbs to grow
  • 2 bags of soil
  • 4 volunteers for 4 hours of volunteer help
  • a small shovel

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JoatU CAPS: Currency Phase 2: Community Exchanges

Alice creates an a community event on JoatU

  • Describes volunteer roles
  • Required tools
  • Required materials

After the event has taken place:

CAPS are generated as recognition for the volunteer work

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JoatU CAPS: Currency Phase 3

Members

Personal exchanges

Community Offerings

CAPS Created

CAPS Value/hour

50

5

0

0

No CAPS

100

25

0

0

No CAPS

150

50

5

50

Fixed 10/hr

200

100

15

150

Fixed 10/hr

250

150

20

200

Fixed 10/hr

300

220

25

TBD

Democratic

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Democratic Currency Generation

Types of Community Offers

Vote on CAPS generation per hour for each category

Popular Education Class

10

Skill Sharing Class

10

Well Being / Activity Class

10

Food distribution

10

Environmental Action

10

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Democratic Currency Generation

Types of Community Offers

CAPS/hr of Volunteer Work

Popular Education Class

10

Skill Sharing Class

11

Well Being / Activity Class

8

Food distribution

9

Environmental Action

12

Alice’s Survey

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Democratic Currency Generation

Types of Community Offers

CAPS/hr of Volunteer Work

Popular Education Class

10

Skill Sharing Class

12

Well Being / Activity Class

9

Food distribution

10

Environmental Action

8

Bob’s Survey

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Sheaf Candle Theory

“Holochain White Paper and the Road to Sheafhood” - Jon Paprocki Ph.D. candidate in Mathematics at Georgia Tech

https://medium.com/the-advancedness-project/holochain-white-paper-and-the-road-to-sheafhood-9d5b159ee074

A sheaf associates to every region of some space some sort of data.

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JoatU Currency Generation

8

CAPS/HR

12

CAPS/HR

10

8

12

Bob Voted

Alice Voted

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Social Currencies

Increase civic participation

Promote local businesses

Upcycle existing public infrastructure

Enhance the integration of newcomers

Facilitate a circular economy

Gather and share

open data

People

Traditional Economy

City

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Simplyk

Bunz

Accorderie

JoatU

Hyperlocal

Volunteering Opportunities

Rewards Volunteering

Barter Platform

Point System

JoatU Comparative Analysis

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What is happening with JoatU today?

Building a test network of residents in Verdun

  • Get 200 Users to fill out our application at http://verdun.joatu.com

Accepting general applications for our next test networks

http://en.joatu.com & http://fr.joatu.com

Building JoatU in Ruby on Rails and when we have enough resources, on Holochain

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  • Brooks, Solomon, and every other person who made this event possible
  • Every person who has helped move JoatU forward

  • Art Brock & Eric Harris-Braun of MetaCurrency.org

  • Yourselves

Currency of Appreciation

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Influential Documentaries

  • Capitalism
    • The Corporation (2003)
  • Psychology & Marketing
    • Century of the Self (2002)
  • Philosophy
    • The Pervert’s Guide to Ideology (2012)
  • CopyLeft
    • Rip : A remix manifesto (2008)�

Founder of JoatU

Jamie Klinger

Get Involved! Get in touch! http://JamieKlinger.com

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Extra Slides