There were some experiments where currency was actually denominated in hours, usually as part of a co-op system where you were literally trading for hours of labour.
That one was called the Ithaca HOUR. I learned about the Cincinnati Time Store, which was maybe the first one, on a podcast that I cannot find now. So I’m somewhat useless but there are some names to search at least!
There were some experiments where currency was actually denominated in hours, usually as part of a co-op system where you were literally trading for hours of labour.
I think the most famous one was in Ithaca, NY.
would love to read more about this
That one was called the Ithaca HOUR. I learned about the Cincinnati Time Store, which was maybe the first one, on a podcast that I cannot find now. So I’m somewhat useless but there are some names to search at least!
Ah nice, this led me to
https://en.wikipedia.org/wiki/Time-based_currency
But an hour waiting on an email shouldn’t be the same as an hour of heavy lifting