this post was submitted on 28 Sep 2025
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There were some experiments where currency was actually denominated in hours, usually as part of a co-op system where you were literally trading for hours of labour.
I think the most famous one was in Ithaca, NY.
would love to read more about this
That one was called the Ithaca HOUR. I learned about the Cincinnati Time Store, which was maybe the first one, on a podcast that I cannot find now. So I'm somewhat useless but there are some names to search at least!
Ah nice, this led me to
https://en.wikipedia.org/wiki/Time-based_currency
But an hour waiting on an email shouldn't be the same as an hour of heavy lifting