Tainted money

Tainted money

Tainted Money?
Tainted Money?

What if we started tracing how money moves around in our economy, in an open and transparent way?

Hypothetically, Practically (see below(!)), I can start voluntarily taint money that goes through me. Publicize how much money I got from who, and to who do I give it. An extreme way of “voting” with every economic transaction I make. What if organizations started to do this in a standardized way?

Could this make some money worth more than other money?

Could this make our economy more “compassionate”, as Daniel Goleman would put it?

Technically, we can very easily start doing some things in this direction. Open a free account, and start logging our transactions over the net.

Decide that the money I got from here, is going in this direction – and see how it goes (or get stuck) from there on…

A proper meta-data would allow us to ask some interesting questions.

Was a shady business involved in the sources I got this money from?

How is my donation being used?

Did the government just “taint” 1 trillion USD last month??

“I only accept money from vegetarians…”

Stuff like that 🙂

Sounds easy to implement, and could be tons of fun, don’t you think?

Disclaimer:

<Transaction>

<id>1</id>

<source>http://www.semantinet.com</source>

<target>https://www.eburcat.com</target>

<amount>12</amount>

<date>March 31st, 2009</date>

<unit>USD</unit>

<comment>Salary</comment>

</transaction>

<transaction>

<id>2</id>

<source>https://www.eburcat.com</source>

<target>http://www.istockphoto.com</target>

<amount>1</amount>

<date>April 16th, 2009</date>

<unit>USD</unit>

<comment>That photo you see up there :)</comment>

</transaction>

Update: a more appropriate representations…

<Transaction>

<id>3</id>

<source>https://www.eburcat.com</source>

<target>http://www.gov.il</target>

<amount>1</amount>

<date>March 31st, 2009</date>

<unit>USD</unit>

<comment>Income tax…</comment>

</transaction>

5 thoughts on “Tainted money

  1. Interesting idea,
    But even for a person like me, who is not addicted to his privacy, it sounds very scaring, that someone may detect every step I do.
    Personally, most of my purchases are very “ideological” – I buy in little stores in the city center for

  2. 1) Regarding privacy – publicize only what you feel comfortable with. People are proud of many of their shoppings, and on many occasions are interested in showing off – to promote ideas / stories / an image.
    2) It’s not the “size” of the transaction that

  3. Interesting

    Regarding privacy – there are VISA that watch over our shoulders.

    I thinks its like the opposite of ban – because no one will write the bad things – only the positive ones.

    This idea is close to one of the LETS (local tr

  4. Regarding the backfire of “I have an expensive car” – go ahead – brag about your car – that’s the kind of a person you are and it’s OK. What’s not OK is that the company that sells you this car is employing 8 years old. Hopefully, you’ll decide to buy a c

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