redesign the u$ dollar - joint submission

DOLLAR REDESIGNGIVE THE DOLLAR BACK TO US

Tuesday, 19 October 2010

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The banks broke the dollar via irresponsible lending and bad products

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US citizens now pay taxes and higher credit to fix the banks’ mistakes

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US citizens face a weak economy, huge personal debt and a system run by those who broke it

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US citizens seek a stronger economy, freedom from debt and a system which works for them

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Give the dollar back to the US citizens to fix it themselves

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MAKE THE DOLLAR OPEN-SOURCE

TO DISTRIBUTE PRODUCTION AND ALLOW CUSTOMIZATION!


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Open dollars will be printed on demand for flexibility and convenience at reduced cost to user

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Print dollars are made via a home computer printer using a special paper and ink and data cartridge

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Prints are a hierarchy of fixed visual elements, digital codes and customizable areas

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Prints are accessible via sans serif fonts, large type and sound files encoded in RFID tag

I confirm this isone US Dollar

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Prints contain a number of authentication devices – a ‘smart’ color strip, QR code, serial number and RFID tag

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Printed dollar value is deposited in user account by scanning RFID. Print has no value until recharged using same process.

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Printed dollar with optional personal spending RFID tracker card (more on this later!)

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Open dollars will be customizable to create local or even personal currencies

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Users can select and print classic dollar designs if they do not wish to customize

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Users can customize areas of the dollar design to make identifiable local or personal currency

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Uploaded designs are available to all for re-use under a creative commons license

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Users can customize areas to make personal currency for gifts, promotion or sheer vanity

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ALLOW COMMUNITIES TO SUPPORT

LOCAL ECONOMIES

BY CREATING THEIR OWN COMPLEMENTARY CURRENCY.


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Local communities can set the parameters of their currency to support local values and work toward shared goals

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Set parameters to connect unmet needs with unused resources

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Set parameters to encourage more local purchases

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Set parameters to strengthen community relationships

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Local dollars will carry greater value within a community, boosting trade & minimizing carbon footprint

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Bev and Steve


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Increase value by printing loyalty badges for local communities to distribute or place on the dollar

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David Zeibin


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Increase value by higher local buying power and hidden bonuses

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Merlijn Hoek


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Increase value by exchanging dollars for time instead of money

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Niffty..


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Local dollars will identify communities locally and nationally

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David Paul Ohmer

Tony the Misfit


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Identify community via custom images, symbols, maps and signs

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Southernpixel

NASA


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Identify community via embedded sounds and hidden symbols and images

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MAKE THE DOLLAR TRACKABLE

TO PROVIDE CONTROL AND MOTIVATION FOR SPENDING YET MAINTAINING PRIVACY


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Trackable dollars will show spending on a private personal level to control spending

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Individuals track categories of personal purchases to control and refine spending patterns

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Individuals track what they purchase where over time

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Individuals track against targets to spend carefully - allocating ‘rations’ for certain purchases

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Trackable dollars will show flow of money between local business and spending trends

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Locals track flow of currency between local business identifying new opportunities

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Locals track overall spending patterns against their own to spend responsibly

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Locals track flow to refine parameters for how local currency functions

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Trackable dollars will show flow of money on a national level identifying trends and needs

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National spending patterns show what is valuable for local communities

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National spending patterns show opportunities for trade between communities

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National spending patterns provide comparison to ones own spending habits

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THE US-$ CONCEPT

IN A NUTSHELL


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We propose to give the dollar back to the US citizens to fix it themselves by making it open, local and trackable.


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Open dollars provide on-demand printing, customization and personalization.


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Local dollars allow communities to support local eco-nomies by creating their own complementary currencies.


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Trackable dollars provide personal control over spending, motivate purchases yet maintain privacy.


redesign the u$ dollar - joint submission

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