Time-based currency

From Biocrawler, the free encyclopedia.

In economics, a time-based currency is a currency where the unit of exchange is the hour.

Time-based currencies value everyone’s contributions equally. One hour equals one service credit.

• Time Dollar: In the United States, the time-based currency schemes are called Time Dollars Service Exchange.

• Time Bank: In the United Kingdom the schemes are called Time Banks and Hour Banks. There are reported to be 60 schemes running in the UK. They are promoted as a tool in community regeneration.

See also

• Local currency
• List of economics topics

External link

• The Time Dollar Institute (http://www.timedollar.org/)
• Timebanks.co.uk (http://www.timebanks.co.uk/)

Wikipedia (http://en.wikipedia.org/wiki/Main_Page) Time-based_currency (http://en.wikipedia.org/wiki/Time-based_currency) version history (http://en.wikipedia.org/w/index.php?title=Time-based_currency&action=history) GNU Free Documentation Lizenz (http://en.wikipedia.org/wiki/Wikipedia:Text_of_the_GNU_Free_Documentation_License) CC-by-sa (http://creativecommons.org/licenses/by-sa/2.5/)

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