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I'm a little late, but I wanted to write about the series finale of How I Met Your Mother because I went on a spiel about it to a friend and decided that I wanted to write it down.
So, if you haven't watched the series finale yet, and you are invested in the show, STOP READING. If you really don't care, then please continue. :)
I started watching HIMYM when it was in its fourth season or so, but I was honestly never truly invested in the show. I watched many of the episodes and generally knew what was going on, but I was not an avid watcher.
But, then, one summer changed my life. Hahah.
I was visiting my cousins in Florida. They asked if I had watched the latest episode of the seventh season yet, and both of them, two boys that are only one and three years younger than me, were so shocked that I hadn't watched any episodes from the seventh season. What came next is what you can guess. We marathon-ed the entire seventh season in a day. And I remember distinctly that I had to head to the airport at 4am, and we were still awake when I had to go. But, after that day, I was very invested in the show.
I shared in a previous article some thoughts on how a complementary currency could create fresh entrepreneurial opportunities. Then in another post I highlighted how some components of the current monetary system create obstacles in our evolution toward a world of sharing, abundance and sustainable living. If you haven’t read these two previous articles, I invite you to take a look at them so we’re on the same page.
Our global economy will still need currencies for a while. Throughout this new article, I’d like to discuss a proposal for a complementary currency system that would be more adapted to today’s challenges. To make it simpler, I’ve called the “ECO” currency here although a deeper collaborative work on the name could definitely be planned soon.
1. Backing the ECO by valuable information
A backed currency is a currency whose value is guaranteed by a direct equivalence with a product or service. For instance, national money used to be backed by gold for centuries, but in 1971 the US Dollar ceased to be linked to any amount of gold which is the reason we call it a “fiat currency” now, created “out of thin air”. A direct consequence of this has been the ever growing gap between our real tangible economy and our financial world. In order to avoid repeating past mistakes, it makes sense that ECOs should be backed by “something” so we create a monetary system that directly aims at making the new economy more fluid.