New Currency Frontiers: Beyond Quid Pro Quo

New Currency Frontiers: Beyond Quid Pro Quo

“I would contend that the quid pro quo social contract is a pioneer species in the social realm. Imagine you are meeting someone for the first time. Early interactions with this person are most likely in the quid pro quo space. Perhaps you try to talk for no more than half of the time. Perhaps you alternate who pays for the meals you eat out together. Perhaps you trade a ride to the airport for a day of dog sitting. In all cases, quid pro quo is used because you arent familiar with the person yet. As you become more familiar with each other, the ride to the airport probably doesnt have strings attached, the meals become less formally tracked, and conversation may ebb and flow more naturally. Quid pro quo created the conditions for the other more advanced social contracts to emerge. “

http://www.openmoney.org/go/cc.html

http://www.openmoney.org/go/cc.html

“One user establishes an account, and creates – “establishes” – a currency, just like opening an email group – pick an short but distinctive name for your currency. Let the other users know the currency name so they can similarly establish an account and register to use that currency. All users who register to use the new currency can trade around on line in a virtual way. “