Changing the face of money through… Twitter?

While many of my friends find twitter to be pointless, a timesuck, and annoying, calling twitter users ‘twits’ or asking if I ‘twatted’ today you can still find me there @kirbonanza because I believe that it has value.

I find that with information and newsletters that I otherwise wouldn’t have time to read I can scan their tweets for titles of the important and pertinent articles. I follow a number of great environmental and evolutionary voices such as the Grist (@grist), Yes! Magazine (@yesmagazine) and EnlightenNext (@ENextMag).

But, beyond this I believe that twitter has another interesting potential use which is recently emerging in the form of two different experiments in alternative currencies, namely Twollars and KayGroschen.

logoTwollars are cash based, like a movie ticket or a bus pass, as in you can buy them with ‘real’ money. When you give someone a twollar the recipient can get money for this through donations on the Twollars website. It will be interesting to follow whether this catches on and becomes the helpful tool that the makers intended. Charities could potentially get Twollars for good tweets, good work, or general support.

NooPolis whose slogan is “A new world starts with you and me,” can be found on twitter as well (@NooPolis). When a friend who knew I was interested in learning more about alternative currencies told me about KayGroschen I had a hard time finding information that wasn’t in German. While my German is passable while visiting the country, this was out of my league. I finally struck gold on Twittter where I found users @RalfLippold and @kujawa0708 who were able to direct me to information in English. What I found was that KayGroschen is the virtual internal currency of the virtual MicroNation Noopolis (@NooPoBot). This wiki based simulation might prove to be an interesting exercise on re-thinking our systems.

As more people use twitter I am interested in seeing if any other twitter-based alternatives to currency pop up.

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