Energy As Currency?
Written By John
What if Joules (a unit of energy) was also the unit of currency?
If we were paid in units of energy and we were only able to consume the amount of energy we had on account, that might change a few things.
It seems like it might address some of the problems with fiat currencies and offer the major benefits of backed currencies with an additional benefit: the more creative and resourceful we collectively become in terms of figuring out how to generate energy, the more the whole “system” could grow and the better off everyone could be.
Not sure how that would be implemented, and there are lots of potential pit falls but I think it’s an interesting idea. Something to think more about!
When Do You Need Your Next Dollar?
Written By John
When do you need the very next dollar you earn? At first that seems like a strange question to ask, but it’s actually a very good way to think about money.
Some people have a lot of money and some people don’t. And that’s ok. But one of the things that’s problematic when we don’t have a lot of money is the size of the hurdle we have to overcome in order to feel like we do have some.
For many people that hurdle is a number they feel they have to reach – some number of dollars in the bank or some number of weeks/months/years they can live without income.
Instead of thinking that way though, if we think in terms of when we need the very next dollar we earn, we are using a metric that gives both immediate results and a satisfying sense of progress almost right away. Read More »
