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Re: [cyfranogi] Re: Peace Currency - Extending the Concept...

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  • John Rogers
    Thanks to Terry for your usual creative and enthusiastic response! Your response and this moment in time have convinced me to pursue this idea further. First,
    Message 1 of 3 , Mar 5, 2008
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      Thanks to Terry for your usual creative and enthusiastic response!

      Your response and this moment in time have convinced me to pursue this idea further.

      First, let me explain to anyone not familiar with 'community currency' how the idea works.
      We are all familiar with national currencies as the only medium of exchange for people to exchange value outside of a love, barter or gift economy. It is the tool which allows market economies and governments to function. Local community currencies allow a group of people in one street, estate, village, town, city or region (or a community on the internet) to create a mechanism for recording exchanges between themselves. There are different ways to issue them but the most important feature is that they cannot 'leak out' of the given community the way that national money does. So they continue to circulate as many times as required to do good work.
      The primary purpose of a community currency is often community building, with economic activity as a desirable side-effect, although it is possible to design one with primarily commercial benefits if that is required.

      How might a peace currency for the Pyramid of Peace work?

      Here is a very brief initial outline of some of the key features.

      1. The currency serves the needs of the participants. Collectively, participants of the Pyramid of Peace should go through a process of enquiry into its key long-term and short-term aims. Once these have been clarified, they form the main purpose of the currency. For instance, many people may say they want to have their peace-making activities acknowledged and rewarded by the Pyramid of Peace community. So we then agree that currency is only issued to reward certain types of activities and not others. This can be constantly reviewed as the system evolves.

      2. The currency takes account of the conditions in the operating environment: forces working both for and against. A PoP peace currency may begin with a particular group, for instance our peace-making brothers and sisters in Kenya. They would inform the designers of the currency system what particular local circumstances need to be taken into account for the currency to work effectively. Which people, organisations, money or other resources can be called upon to support or underwrite the peace currency? Which forces look hostile and how can we take account of them or persuade them to join us?

      3. The currency has a simple but robust governance structure. This involves working out where the power of decision-making and strategy should be. It involves thinking about a constitution and elections if those prove necessary.

      4. The currency has a sound management structure. This involves thinking about the key tasks in managing the currency day to day. It may be as simple as a well designed website and site manager or as complex as a whole team with different jobs.

      5. The currency mechanism has three functions:

      a standard of value - this could be tied to a national currency like the dollar, an hour of labour, a kilowatthour of energy or other standard that creates confidence in the value of the currency units

      a medium of exchange - this can be issued by 'mutual credit' when each member trades or issued by an authority such as the PoP governance structure or a mixture of the two

      a store of value - we decide whether we want the currency units to retain or lose value over time and choose the right mechanism to encourage this.

      This is the essence of an effective currency design methodology.

      So I invite anyone else who wishes to join Terry and myself in designing such a peace currency to make yourself known.
      I think a planning group of no more than ten people would be ideal, including at least one person from Africa and one from the Middle East. There will be a lot of issues to consider but the core proposal is simple: a currency to underwrite and promote peace-making and community building around the world. I propose that every hour of planning time devoted to this project is also remunerated in the new currency.

      Come and join us!


      John Rogers

      ----- Original Message ----
      From: Terry Mace <terrytimebroker@...>
      To: cyfranogi@yahoogroups.com
      Sent: Tuesday, 4 March, 2008 6:07:33 PM
      Subject: [cyfranogi] Re: Peace Currency - Extending the Concept...

      Greetings John and all who may follow our links...

      It's been sometime since I've replied, posted or commented on all of
      the activity within our groups and work, however, as often is the
      case with John's posts I'm drawn to make comment and to offer into
      the mix my thoughts and feelings on the matter of a 'peace-currency' .

      My first thoughts turn to a name: (if any resonate please use! – if
      used, an appropriate credit would be nice)

      1. 'Peace-Piece' - more a token/coin than a note concept
      2. 'Piece's of Peace' " "
      3. 'Paper-Peace' / `Peace-Paper' - more a note/paper currency concept
      4. 'One-Peace' - could be paper or coinage
      5. 'Golden-Peace - gold colored coinage
      6. 'Peace-Note' - with this, each different value note could have a
      different 'peace-note' - 'saying' - 'affirmation' on it
      7. 'Time-Peace' / `Peace-Time' – coin/token `time-bank' concept
      8. `Change-for- Peace' / `Peace-Change' – coinage concept
      9. `A-Pound-of- Peace' / `Peace-Pound' – UK based
      10. `Peace-Prophet' (a play on profit for peace)

      There maybe others which come from these ideas but this is my
      offering for today! Any comment?

      Next, my thoughts turn to the concept of using the currency to
      simply `spread-peace' . Community groups could choose to purchase or
      buy the currency at an exchange rate that then bank-rolls the issue
      of the currency.

      Peace-Tokens/ notes could simply be swapped/exchanged and the `in-bank-
      issue' money raised from swapping then prints more `peace-currency'
      until the whole world has `exchanged-peace' , hence the `Peace-
      Exchange' project concept!

      Using the `Peace-Exchange' / `Peace-Pyramid' network… …get the idea!

      Also, obvious and massive potential exist for a partnership
      with `Green-Peace' International! Just imagine a `green-colored-
      currency/coinage' in several denominations sponsored by Green-Peace
      called `The-Green-Peace' (now that's a name!)

      Other ideas and conceptual frameworks come to mind: (rough ideas)

      1. `Peace-Bricks' to build real and virtual communities – people
      purchase the `peace-bricks' online or from outlets…
      2. `Peace-Time' – peaceful communications – mobile phone time-credits
      as John suggested could be sponsored by for example, `Orange' –
      `Orange brings you the, `Peace-Time' price plane – for each 15mins
      you use, we'll give the `peace-exchange' 1p – or whatever…
      3. `Peace-Note' – virtual/digital or real-time – participants could
      write something on the `electronic/ real-time' peace-note and send it
      to another as a peace-note… …each digital peace-note/peace- email-
      note' costs… 10p/20p/30p etc to send and the money then prints the
      4. `Peace-Prophet' s' – a network of global peace prophets online who
      will act as, mediators, peacemakers, advocates and mentors for
      peace. We pay them with our currency to spread peace. People get
      specifically trained to deliver peaceful outcomes across the world
      and we award them… …our peace currency… …they then spend this into
      the local economy for resources they need to live to create peaceful
      outcomes for local men, woman and children in a `fair-trade' / `peace-
      trade' exchange concept…

      In closing, I'd just like to say that I'd be very happy to work with
      others on this concept and would like to receive the currency for
      my `peacemaking- circle' work!

      What happens next?

      Kind regards, Terry… ;-)

      John Wrote:

      --- In cyfranogi@yahoogrou ps.com, John Rogers <atholl2003@ ...> wrote:
      > Following Andrius's message about payment for peacemaking work I
      share the following thoughts.
      > The Pyramid of Peace could issue its own currency for peacemaking
      and community building activities.
      > It could create an initial issuance of 750,000 currency units (each
      one equivalent to one US dollar) to be paid to peacemakers according
      to the breakdown he gave:
      > 25,000 USD - Pyramid of Peace donations
      > > 25,000 USD - related donations
      > > 100,000 USD - 10 x 2 x 5,000 USD - full time online
      > > 100,000 USD - 50 x 2 x 1,000 USD - part time online
      > > 100,000 USD - 50 x 2 x 1,000 USD - full time on-the-ground
      > > 200,000 USD - 200 x 2 x 500 USD - part time on-the-ground
      > > 200,000 USD - 1,000 x 2 x 100 USD - part time on-the-ground
      > > peacemakers
      > >
      > > 750,000 USD = Total
      > Each recipient of these units would know that they have that amount
      of credit to spend amongst participants of the global Pyramid of
      Peace network. All participants would record on a website what
      services they are willing to offer to other members of the network:
      help, accommodation, advice, contacts etc. These 750,000 units would
      kick-start an 'economy of peace' as they begin to circulate to do
      more good.
      > At the same time, corporate sponsors could be approached to
      underwrite agreed amounts of the total with donated services such as
      mobile phone time etc.
      > Resources required to make this happen:
      > a name for the currency
      > a website
      > a webmaster/mistress
      > a simple governance structure to ensure fair play.
      > What does anyone else think about this?
      > John Rogers
      > ____________ _________ _________ _________ _________ _________ _
      > Sent from Yahoo! Mail.
      > A Smarter Inbox. http://uk.docs yahoo.com/ nowyoucan. html
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