BioDollar B$ - By and For Every Community
Households can monetize their organic waste for an income stream
and also put in place a currency to stimulate their local economy.
Communities that adopt this renewable energy backed currency,
transform waste into wealth, thus empowering themselves.
The B$ will function similarly to the Solar Dollar proposed by Thomas Greco Jr in that:
- The B$ will be issued by an organization (e.g. a cooperative energy producer / distributor) in exchange for biomass / biogas inputs from households, farms or businesses.
- The issuing organization will then use the biomass / biogas to provide energy and/or other goods and services to the community.
- Importantly, the issuing organization will agree to accept the B$ as a form of payment for those goods and services they provide. This creates a "closed loop" system allows the B$ to truly function as "circulating money" that facilitates exchange.
In addition, over time, as people become more accustomed to thinking in terms of energy values, other transactions within the community could also transition from the current currency-based unit of account to an energy-based unit of account.
It can be rolled out in phases, or with different options, as follows:
B$ Paid / Issued to Households, Farms, or Businesses:
Phase / Option |
For |
By |
1 |
Biomass (Organic Waste) (B$/volume) |
Co-op Biogas Producer |
2A |
Biomass & Biogas (B$/volume) |
Co-op Biogas Producer & Power Generator |
2B |
Biogas (B$/Joule) |
Co-op Biogas Producer & Power Generator |
3 |
Biogas & Energy (B$/Joule) |
Co-op Biogas & Power Grid |
[–]Questionable 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 1 fun2 insightful - 2 fun - (5 children)
[–]EddieC[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (4 children)
[–]Questionable 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 1 fun2 insightful - 2 fun - (3 children)
[–]EddieC[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (2 children)
[–]Questionable 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 1 fun2 insightful - 2 fun - (1 child)
[–]EddieC[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)
[–]Ehhhhhh 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (9 children)
[–]EddieC[S] 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 1 fun2 insightful - 2 fun - (8 children)
[–]Ehhhhhh 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (7 children)
[–]EddieC[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (6 children)
[–]Ehhhhhh 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (5 children)
[–]EddieC[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (4 children)
[–]Ehhhhhh 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (3 children)
[–]EddieC[S] 1 insightful - 3 fun1 insightful - 2 fun2 insightful - 2 fun2 insightful - 3 fun - (2 children)
[–]Ehhhhhh 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (0 children)