Introducing the Time Bank
PAX Nation is meant to be a cooperative community. It is not just about like minded people socializing, but rather coming together in an effort to actively change the world. Everyone here has their priorities, but we also accept and support the priorities of others. The goal is to actively support each other. It might be as simple as a thumbs up, or as involved as physically helping by working an event. The whole point is to share our efforts … even if we have different specific goals. I am working on the social community aspects to help make this sharing easier, but there are other methods of sharing resources that need to be explored and expanded upon.
The seeds for a [mycred_link href=”https://thrumyeyes.life/a-better-world/resource-center/the-marketplace/”]Marketplace [/mycred_link] have already been planted, but what about a form of currency for the nation? That seed has now too been planted, in the form of a [mycred_link href=”href=”https://thrumyeyes.life/a-better-world/resource-center/time-bank/”>”]Time Bank [/mycred_link]. So what is a Time Bank?
Essentially, the goal is to step away from this dependency on money to achieve everything. Money is a useful tool, but it is not the ONLY tool, and should not be the ultimate determining factor in the feasibility of a project … let alone a decider of the worth of the project’s participants. The seed that has been planted is to create a barter economy, with the primary unit of exchange being time rather than money. Ultimately, someone using their time for another is the most valuable resource there is. Our Time Bank is starting with a unit called service minutes, which is just what it sounds like. You can earn and spend time as you will, to help others; to get help from others. The Bank is very simple at the moment, but it will grow into a fully functional economy if we all work together to make it happen. As it grows, other forms of currency will no doubt be needed (including money) and created, with appropriate exchange rates to keep the value of the service/product. The key here is that whatever currency we choose … it is a means to an end … not the end itself. The current bank is not a definitive guide to worth, but rather an incentive to cooperation. It is about helping each other by providing an avenue to do it. This does not mean we can’t cooperate outside this system, nor does it mean we can’t work out other forms of cooperation outside the system. It is just a tool for those who need it. One can earn service minutes just by being an active member of the community. Here is a list of ways to earn by just using the site:
One of the best ways to earn service minutes is to [mycred_link href=”https://thrumyeyes.life/a-better-world/whats-new-in-pax-nation/write-a-blog-post/”]write blog posts[/mycred_link] (120 service minutes each post). You can also earn a lot by encouraging others to join the community. But simply USING the site as it is meant to be used will generate “income”. Everyone also collects 2% “interest” monthly. If we all take advantage of the marketplace, both selling and seeking … a whole economy can … and will develop.
PAX Nation can only work if people get involved. The growth of the nation will ensure the growth of its citizens (as any healthy society should). So by using the resources available here, your will grow as well. I encourage everyone to participate and become active citizens. Cooperation is the ONLY way we will truly effect change in this world. Cooperation is also the core of the PAX Nation ideology and dream.