#PunkMoney allows people to create and transfer digital promises or debts on Twitter. Users can promise goods, services, or favors to other users by tweeting at them and including the #PunkMoney hashtag. These promises function as a type of alternative currency that can be transferred to redeem from other users. The system provides optional parameters to specify an expiration date or make a promise non-transferable. People can transfer their promises to other users by tweeting at the original promise maker. The goal is to create a decentralized promise-based currency system entirely on Twitter.

1. How to Print Money on Twitter
Digital Money Forum, London
28th March 2012
Eli Gothill
PunkMoney.org

2. #PunkMoney is a promise currency anyone can create,
transfer and redeem on Twitter.
Here’s an example:
“@Bob I promise to buy you a beer. #PunkMoney”
– @Sally
#PunkMoney

3. #PunkMoney

4. There are also optional rules for specifying an expiry and
making a promise non-transferable:
“@Bob I promise to buy you a beer. Expires in 1 week. NT.
#PunkMoney”
– @Sally
This syntax makes @Sally’s syntax a valid #PunkMoney
statement.
What next?
#PunkMoney

5. #PunkMoney

6. Finally, let’s imagine that Bob doesn’t have time to go for a beer
with Sally this week.
Instead, he suggests Sally take their mutual friend Alice out for a
beer, instead.
He can do this by transfering the original promise to Alice, by
replying to Sally’s original promise:
“@Sally transfer @Alice #PunkMoney” – Bob
Sally is now the bearer of Alice’s promise to buy a beer.
#PunkMoney

7. #PunkMoney

8. #PunkMoney

9. #PunkMoney

10. www.punkmoney.org
#PunkMoney

11. www.punkmoney.org
#PunkMoney

12. www.punkmoney.org
#PunkMoney

13. www.punkmoney.org
#PunkMoney

14. #PunkMoney

15. #PunkMoney

16. #PunkMoney

17. #PunkMoney

18. #PunkMoney

19. #PunkMoney

20. Thanks.
www.punkmoney.org
#PunkMoney

21. References
Mauss, Marcel, 1929, The Gift
Graeber, David, 2011, Debt : The First Five Thousand Years
Articles on #PunkMoney
#PunkMoney is Bartering in the Twitter Age, D-Build.org
#PunkMoney Pilots an Alternative Currency Using Twitter, Dowser.org
#PunkMoney: How to Print Money on Twitter, Webisteme.com
Find out more
@punk_money
www.punkmoney.org
www.facebook.com/punkmoney
#PunkMoney