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MTTP first principles #1

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  • 1. so here you are reading this now
  • 2. MTTP money hack first principles #1/4
  • 3. what is money? whatever comes to mind is supported by current practice so be aware of what presents itself ‘naturally’
  • 4. "No problem can be solved from the same level of consciousness that created it." Einstein
  • 5. economics is an embodied math experiment
  • 6. one root of money goes back 3,000 years to phrygia when the first coins were struck with a king's head everything subsequent to this has evolved the world’s economics as we know it today
  • 7. money is considered a thing and we exchange things "Anna exchanges a book with Barney for £10." we think there is a relationship between the book and the number 10 traditionally we might think the book is worth 10 units
  • 8. let us look at this more closely
  • 9. firstly Anna gave Barney a book Barney gave Anna £10 note: it is a process of mutual giving
  • 10. secondly the £10 is then used by Anna to buy something useful like dinner the real situation is Barney now has a book he wants and Anna has food in her stomach as we know money is only a transition
  • 11. Anna simply gives Barney the book at a later date Anna is given food book = £10 exchange is a snapshot view of the system in ecological economics the book is not enumerated
  • 12. in standard economics labour is equated with money too labour = £10 £10 = book so labour = book people are packaged as things people = things
  • 13. "Anna pays Barney £10 for an hour's labour, digging a hole." looks like Barney is paid for digging a hole and if Barney wants to make more money, then he must return to Anna to do more work these are revealed to be illusions
  • 14. firstly Anna gives Barney £10 Barney digs a hole for Anna note again: it is a process of mutual giving
  • 15. secondly the money that Barney gets is used to buy something valuable like food the real situation is that Anna has a hole dug and Barney has food in his stomach as we already know money is only a transition
  • 16. in fact colonialists did not understand why non-literate peoples did not return to get more money after digging a hole Barney would not return for more money or more work Anna thought Barney was stupid
  • 17. the real situation was when Barney dug the hole for the colonialist he did it as a favour the coin he received wasn’t for the work he did it was to give to another colonialist who then gave him beer
  • 18. in actual fact Barney correctly perceived money as a vector in time he never thought of going back because one can't go back -not in time at least! and he never thought about saving it because you can’t hoard time
  • 19. in a gift-giving culture one does not go back one gives forward
  • 20. MTTP Money-Time-Trust-Protocol one gives money forward we decouple money = thing and replace it with money = time = trust
  • 21. in this way ecological economics departs from traditional economics from the source point ecological economics hacks money at root
  • 22. evaluate 0-10 pass it on financially commit david pinto @ecosquared #moneyhacks