If anybody wants to access your time or knowledge or influence, they would have to pay for it with their own.
Dan Robles
Thousands of social currencies are emerging as people lose confidence in the ability of the dollar to store value. At the end of the day, a currency is a social agreement. People need to agree that whatever they use for the storage and exchange of value accurately represents their productivity – otherwise they will not work for it.
Of course this is much easier said than done. Alternate currency advocates continue to stumble across substantial structural issues defining their currency; It must be scarce, it must be difficult to forge, debase, or counterfeit and it must be accepted by everyone.
The only thing that fits all of those criteria is ‘Time’.
Take-away
Well, to me it is time, and maybe attention. But time is easier to measure and track. If I understand Dan Robles' key message right, it is like
Invest your time in saving time for many others.
Let's see how this works out. Distilling from the video.
Market Capitalism | Social Capitalism |
|
---|---|---|
Marketing |
Value game |
|
Supply chain management |
WIKiD tools |
|
Financial asstet management |
Knowledge inventory |
|
Search engines organize data, information |
social search and filtering organize relations, knowledge |
More, much more ... The Ingenesist Project - The Next Economic Paradigm
Synapsing with
The DIKW Model of Innovation by Richard Gayle
Data simply exists. It gains context to become
Information by human interaction, which itself becomes
Knowledge by interconversion of different forms of information.
Wisdom comes from repetition of the DIK cycle.
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