Time Based Currency: Unlocking Prosperity, Mastering Time-Based Currency

· Economic Science Book 254 · One Billion Knowledgeable · AI-narrated by Mason (from Google)
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5 hr 42 min
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About this audiobook

What is Time Based Currency


An alternative currency or exchange system that uses the person-hour or any other time unit as the unit of account is referred to as a time-based currency in the field of economics. In some time-based currencies, the contributions of all individuals are valued equally; for example, one hour is equivalent to one service credit. In these types of systems, one individual donates their time to work for another individual for a period of one hour. As a result, the individual receives credit for one hour, which they may then exchange for an additional hour of labor from another volunteer. The time units that are utilized by certain individuals may be fractions of an hour. In spite of the fact that the majority of time-based exchange systems are service exchanges, which means that the majority of exchanges require the provision of services that can be measured in a time unit, it is also possible to exchange goods by "pricing" them in terms of the average national hourly wage rate.


How you will benefit


(I) Insights, and validations about the following topics:


Chapter 1: Time-based currency


Chapter 2: Currency


Chapter 3: Ithaca Hours


Chapter 4: Local currency


Chapter 5: Seigniorage


Chapter 6: Local exchange trading system


Chapter 7: Money supply


Chapter 8: Central Bank of Malaysia


Chapter 9: Foreign exchange market


Chapter 10: Japanese yen


Chapter 11: International finance


Chapter 12: Complementary currency


Chapter 13: Mutual credit


Chapter 14: Money


Chapter 15: Currency transaction tax


Chapter 16: Fiscal localism


Chapter 17: Community Exchange System


Chapter 18: CLS Group


Chapter 19: Non-monetary economy


Chapter 20: Edgar S. Cahn


Chapter 21: Teruko Mizushima


(II) Answering the public top questions about time based currency.


(III) Real world examples for the usage of time based currency in many fields.


Who this book is for


Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Time Based Currency.

About the author

Fouad Sabry is the former Regional Head of Business Development for Applications at HP. Fouad has received his B.Sc. of Computer Systems and Automatic Control in 1996, dual master’s degrees from University of Melbourne (UoM) in Australia, Master of Business Administration (MBA) in 2008, and Master of Management in Information Technology (MMIT) in 2010. Fouad has more than 30 years of experience in Information Technology and Telecommunications fields, working in local, regional, and international companies, such as Vodafone and IBM. Fouad joined HP in 2013 and helped develop the business in tens of markets. Currently, Fouad is an entrepreneur, author, futurist, and founder of One Billion Knowledge (1BK) Initiative.

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