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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