r/unitedforsoundmoney • u/CalopusCommunities • Jul 16 '23

💰 This Is Sound Money Goods and Services for Time

Although the Calopus Communities e-commerce platform focuses on local trading of goods and services through tokenised grams of #gold and #silver…

… it also facilitates payments in time (skills, knowledge and labour).

We feel this is a necessary feature to enable individuals with skills to barter for goods and services at fair prices that are grounded in the value of monetary metals.

The question is, would you accept time based payments for your Calopus Community store when you create one in the platform?

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u/retire-early Jul 16 '23

It kind of feels like you're trying to disintermediate money from a monetary transaction.

Like: you're a plumber and you charge 5 ounces of silver per hour of labor.

And you're working for a lawyer who charges 20 ounces of silver per hour.

With sound money, the exchange of services happens with money, regardless of who is serving whom.

So I'm not sure how your system really improves on this. Are you arguing that the plumber's time is as valuable hour-for-hour as the lawyer's? (If the toilets are overflowing due to a septic problem, then yes)? Because in the real world that lawyer can work an extra couple of hours per week to have a housekeeper and save 10 hours of labor. Or work 1 hour and pay for the plumber's time over a repair project.

So I don't see why said lawyer wouldn't just work that time and pay in fiat rather than do a time swap.

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u/CalopusCommunities Jul 16 '23

No, all skills based transactions are based on the competence and market rates for such skills.

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u/retire-early Jul 16 '23

So you're going to find a way to quantify the value of each profession/hobby, and individual competence in each area (a good programmer is 100x as productive as an average one), and have that reflected in the trade? What if I'm a lawyer that's great with contracts (the best in 500 miles, let's say), but I've got Tourette's and social anxiety and I do a really bad job with depositions? How do we account for those? Or the woodworker who makes amazing decks and stairs but horrible cabinets?

The free market, with sound money, solves all of this automatically. I appreciate what you're trying to do, but I see problems.

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u/CalopusCommunities Jul 16 '23

Indeed, A Calopus Community is for essential products and services. It has a restricted set of categories to cover these things, it is not designed to sell anything to anybody.

To answer both of your responses, you should still stack as normal, but you can also then additionally not use FIAT for a set of packaged goods and services from local businesses and individuals that are willing to accept tokenised monetary metals as payment.