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100 coins if you can convince me they have real value

cc100.00

Added on January 08, 2019
anywhere
every month i get an allowance of coins. so why should i do any work to get more coins? for english translation i would normally get paid euros, that i can spend on cappuccinos and bike parts. convince me that commoncoins have real value and i'll give you 100 of them.

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8 Comments

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uno_due_tre

January 11, 2019 at 16:28

If anybody would offer cappuccinos or bike parts on this Commonplace, you could spend your allowance to buy them as you normally would do with euros. The real question for me is not "do they have value", but "why people should start using the Commonplace"

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agonist72

January 14, 2019 at 14:57

thanks unoduetre! i'm not totally convinced by your comment, if someone offered something i need (cappuccinos or bike parts) then the coins would have value...that's a big if. i did send you 50 coins for your effort, though, and i do agree, why people should start using the commonplace is something that isnt very clear.

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emme

January 16, 2019 at 13:36

hi, nice question! In the past, you could use commoncoin to participate to things like this one: https://commonfare.net/it/listings/commonfare-call-for-stories-santarcangelo-festival - there will be more call for stories and opportunities to travel to commonfare related events - maybe not for everybody but an interesting option!

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agonist72

January 21, 2019 at 14:11

thanks emme! of course if in future we can travel to commonfare related events using common coin, then the coins WILL HAVE real value. i was not able to travel to SA festival, so although the coins HAVE HAD real value that wasn't available to me. now that commonfare has the possibility to have a group currency, and we started a group...i am still asking (and offering 100 coins for) anyone to convince me that the coins HAVE real value!

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emme

January 22, 2019 at 15:44

hi agonist, if it is a group currency, the real value can be the one determined by the group! an example is the case of Macao, in which people have used a group currency as a tool for collective governance https://commonfare.net/it/stories/macao-centro-per-le-arti-la-cultura-e-la-ricerca - you can find more info on the Macao experience on the project D3.1 http://pieproject.eu/2017/07/03/d3-1-user-research-report-and-scenarios/

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agonist72

January 24, 2019 at 13:49

thanks emme! i'm still not convinced about the value...it seems that any real value of the commoncoin is provided by outsiders and the realworld market economy? do i understand correctly that Macau sells cultural products (concerts, theater productions, performances, exhibitions) that backs the euro value to their coin? also re-reading the personas/scenarios in the pienews document, one scenario suggests the value comes from convincing an "employment law specialist to provide her expertise for free" while another group tries "to create some revenue from the photos by offering them on the private art market." and one scenario intimates that a commoner would be considered more worthy of a loan (from a bank that exists within the real economy) because of their commonfare participation, presumably evidenced by their commoncoin interactions? another of the scenarios has a woman trading coin for second-hand shoes for her kid, but of course someone had initially to buy those shoes from a store. so is the real value of the coin always going to be rooted in the realworld economy?

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Elena

May 24, 2019 at 15:33

Hi everyone. There is a new development in common coin usage. Dyne.org is developing a coin similar to the one we use here on Commonfare to be used in work space created for artists called Treehouse. It is on NDSM in Amsterdam, next to the water and if you want to know more the article is here: https://commonfare.net/hr/stories/treehouse-complex-of-creative-studios-we-want-neighbors-not-tourists?story_locale=en

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Anonymous

May 24, 2019 at 17:11

Save the coins — you will need them ;-)