Java Specification Request on Community Currencies
bernfast writes "I've submitted a Java Specification Request on complementary currencies to the Java Community Process. This specification will allow to implement arbitrary units of exchange as Java currencies. Examples are timedollars and other community currencies.
This JSR is still in need of an expert group and will probably not receive too much industry suppport, so any help from the open source community is welcome."
Who will set the exchange rates for those community currencies that aren't tied to a measure of time or to the US dollar?
I hope you guys know you're supposed to declare the value of barter and in-kind services as income and pay taxes on it.
If these types of things get popular, the IRS will find you.
I bet you 10 simolarians that this won't work.
And that is a very good reason why this JSR should be nuked from orbit.