First up, I have heard of projects like these in different cities (I'm from Maine and I saw years ago there was a time bank project in Portland), and I absolutely love it. As someone who struggles with 'normal' vocation standards, I wrestle with the idea of how we are valued, how we decide who 'deserves' food, housing etc. It is so true, that many of us provide emotional value and 'work' to our communities that is hard or feels strange to try and monetize. That being said there are obvious flaws in the hour for and hour model. We can list many examples but time is not our only finite resource, we also have limited physical and emotional stamina and some things are just more intensive. As someone who did deep tissue injury massage for ten years and suffered for 3 years with a back injury that rendered me effectively disabled for a while, I now that doing an hour of that work costs both time, x amount of physical stamina (PS) and x amount of emotional stamina (ES), compared to babysitting which has the same time cost yet different PS and ES costs.

If we decouple from money completely and doctors didn't have money debt (because the teachers were teaching 'for free' as their deposits in the time bank ) then we would have to look at their studies as deposits in the time bank. Three hours in anatomy lab = a deposit. We might say they would come into being a physician with a large amount of time owed to them, and that is why their services cost more in the money world. But, if their needs were being met while they studied instead of having to also work or borrow, then that debt may be insignificant, or at least greatly reduced. Each person has different abilities and some may prefer mentally taxing work and others physically taxing work, and I love the Venus project founder Jacque Fresco's philosophy that if everyone did what they were passionate about, then it would feel more even- more people would have joy in their day to day and we all would benefit from having the best quality everything in our society.

What I love most about movements like this is that by starting at the most basic ideas of trade, we are actively going through the ideas that have been developed around trade and markets and valuation and seeing which ones are truths and which ones are baggage we just keep around due to not asking questions. That is the best part about crypto movement and platforms like this: we are clearing the slate and consciously rebuilding step by step. We are aware that many ideas inherent in our economic view were imposed on us by people who wanted to created power imbalances in their favor, and we can find out where those imbalances are through logical group discussion.

If may feel like giving things not only time but ES and PS values would just create that same system of competitive deserving , but if we take into account technology that piece wouldn't be as hard to fix. One person can grow food for many, if houses and cars and other items were built to our highest technological capabilities, the amount of hours needed to have these items (not to mention if we went to total shared resources for some- such as vehicles) is greatly reduced, so although overseeing the construction of a house might require more weight per hours, there would be less of an incentive to build things to break just to find an excuse to build them again.

Thank you for this really well written outline and for keeping this discussion going, we NEED to be having this, and I think we will be moving into these new ways of viewing 'work' and trade more and more with the advent of all of these coins as way to facilitate community trading <3