Not quite LETS, or Freecycle, but an interesting development in the "fiat" or "debt made" money area using telematics. As it is on slashdot, a rather IT tekky site, people might not have spotted it.
Just wondering what the idea might spin out for alternative exchange systems - or would it only work with ordinary "money" transactions...? http://slashdot.org/article.pl?sid=06/05/16/2013205 lawsuit-in-3-2-1 dept. [ The Almighty Buck ] [ Businesses ] [ The Internet ] Dotnaught writes "Two companies, Prosper and Zopa, appear to be convinced that social networking can be combined with borrowing and lending. They're intent on using eBay as a model for listing and bidding on loans without the involvement of a bank. Call it peer-to-peer finance. There are already some 800 groups on Prosper ready to loan money to specific causes, such as the Apple User Group, 'a lending group for those wishing to purchase either a Macintosh or Apple iPod.'" -- ------------------------------------------------------------- "When the multitude detests a man, inquiry is necessary; when the multitude likes a man, inquiry is equally necessary." Confucius, Analects (circa 6th century BC) Or more pertinently: "Beer is proof that God loves us and wants us to be happy." Benjamin Franklin _______________________________________________ Futurework mailing list [email protected] http://fes.uwaterloo.ca/mailman/listinfo/futurework
