In the Art of the MOOC lecture 1.2 the Ithaca Dollar is mentioned regarding an alternate way to think about the money that is exchanged. This Ithaca Dollar or Ithaca Hour was earned by one our of labor and was introduced in 1991. This idea was not knew in 1991, but did revolutionize the value of money in a small area of the world. This old idea of thinking about what money is in a new way was recently introduced in 2017 and is fresh on the minds of many that are involved in the US and world markets by the rise of cryptocurrencies. This new idea has the potential to revolutionize of the way that people exchange goods all around the world.
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