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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

UBI & JoatU : Basic Income & Basic Employment for Everyone

�

With diminishing employment opportunities and climbing costs of living, we are being squeezed between a rock and a hard place. This workshop will explore solutions that have been experimented with and ones that are in the works to begin living lives more closely aligned with our personal values. Basic Income is the concept that every citizen would receive a stipend from the government just for being a citizen. JoatU is a collaborative community economic system encouraging trading and sharing among neighbors and encouraging community engaging activities. A combination of local community support and a basic income could be a seamless transition towards an automated society, a democratic government & economy, and ultimately, a post-monetary world.

�

Economy: capitalism - crises - alternatives

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

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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

UBI & JoatU : Basic Income & Basic Employment for Everyone

�

With diminishing employment opportunities and climbing costs of living, we are being squeezed between a rock and a hard place. This workshop will explore solutions that have been experimented with and ones that are in the works to begin living lives more closely aligned with our personal values. Basic Income is the concept that every citizen would receive a stipend from the government just for being a citizen. JoatU is a collaborative community economic system encouraging trading and sharing among neighbors and encouraging community engaging activities. A combination of local community support and a basic income could be a seamless transition towards an automated society, a democratic government & economy, and ultimately, a post-monetary world.

�

Economy: capitalism - crises - alternatives

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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

Join → http://en .j oat u.com & http://fr.joatu.com

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Extra Slides

https://docs.google.com/presentation/d/1cIRkKAcG7LQztSrNQp02OJ5JIJE5Dfd4-fgxo-vf_cQ/