OpenLetter Bridging Whuffiebank with current RealEconomy to the innovative team of the TheWhuffieBank

OpenLetter: Bridging Whuffiebank.org with current RealEconomy

Dear foundation team of G TheWhuffieBank,

to support your idea, I am going to concentrate myself on developing and offering income models for the CreativeCommons.org, being active since over 15 years in several wikis.

A copy from my last posting in the Meatball: MoneyAndCommunity (with some minor typo corrections, making some link hints explicit and inserting some text in brackets) gives you the idea:

I read of a "social entrepreneur", who lent 20$ to a poor fisherman, to buy him a net to catch
fishes. One month later he got back 40$ from the fisherman without any further work of the lender
having done.

Now contrast this with the following scenario, where heart and reason (reason, replacing "ratio") are reconciliated:

As before the lender (who himself knows the craft of fishing, but happily has some money over)
lends  20$ however additionally collaborates on fishing together with the borrower. The two produce
a gain of say 60$. Now they divide the money in equal parts, such that every one has earned 30$.
(The additional advantage of the new net for the borrower, based on generosity, is omitted from the
calculation) Only if they both had a very bad luck, the lender has done a donation of 20$ plus his
work. But this is the worst case, which both of the partners try to avoid with their best effort.
Sunir, I don't think that it is a necessary condition to split the mind into a hobby part for
things, done by the heart and and a professional part for things, done by reason.
In the case of SocialDomaining the lender offers FreeGainSharing; he gives away a domain, his
initial conceptional work and time for further collaboration on it. Besides that he does the (often)
not very much enjoyable PR work, working like a HoofSmith.
Of course the burden of proof is my responsibility.
Nathaniel, I thank you for the appreciated link to the WhuffieBank. Could you or somebody else here
in the sense of mutual barnraising, please give me a ReTweet to start a [nonzero] WhuffieBank
account?

To spread the word, I make this text an OpenMail, publishing this text on [1] and on my blog .

Best

Fridemar Pache

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