Osho’s Garden Time Bank

CardUpon registration in our resort you will receive a community membership card that serves as an identity card, gatepass and also as a keycard if there is an electronic doorlock on your room. Moreover it serves as a debit card for the community account that is opened in your name. This account is not denominated in Euros but in community currency. Your working hours will be credited to this account as such, in number of hours. This is called a time banking system. You can read all about time banking and local currency in Wikipedia.org. The card can be used to make electronic payments within the resort for your food and accomodation, adding some freedom of choice to the wwoof system. The card is strictly for our internal use and your credits cannot be converted into real-world cash.

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2 Responses so far »

  1. 1

    Mark Herpel said,

    Sounds great sign me up.

    Mark
    editor of community currency magazine

  2. 2

    Best of all, when the local currency is pegged to the Time Standard of Money (how many dollars/hour child labor) Hours earned locally can be intertraded with other timebanks globally! In 1999, I paid for 39/40 nights in Europe with an IOU for a night back in Canada worth 5 Hours.
    U.N. Millennium Declaration UNILETS Resolution C6 to governments is for a time-based currency to restructure the global financial architecture.
    See my banking systems engineering analysis at http://youtube.com/kingofthepaupers


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