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Java Specification Request on Community Currencies

Posted by Hemos on from the come-and-help-out dept.

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."

7 of 112 comments (clear)

  1. Why do we care? by brw215 · · Score: 3, Insightful

    No offense, but why is this interesting. A JSR being submitted is no big deal and this is not exactly earth shattering stuff.

  2. Go Wite an App, Not a JSR by rimu+guy · · Score: 5, Insightful

    Why is the poster doing this as a JSR? They are requests for Java specifications. Things that go into the core of the Java platform.

    The problem domain for this proposed JSR is primarily in the business world, not the technical one. I can't see any one proposal getting sufficient backing from a wide enough user group. Certainly not enough for everyone to agree on a useful technical implementation of this.

    There are better ways to handle this...

    I suggest that the poster goes and sets up his own web service to do this (banks and investment firms offer such services already). And work out an open API.

    It's good you've found a problem that interests you. But please don't feel you need to go and clutter up my platform of choice to go solving it.

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  3. These people don't understand... by DraconPern · · Score: 4, Insightful

    Argh.. people who tries to come up with a new 'independent monetary system' seems to not understand two things. 1) Time is money 2) The existing banking system.

    They are essentially trying to create a miniature banking system (within a community)by hoping people's time is worth zero. There is a reason why we now have bank notes, checks, credit cards, bankers, notaries, etc.

    1. Re:These people don't understand... by Anonymous Coward · · Score: 1, Insightful

      I'd respectfully suggest that you do some research before condemning the idea. Some of these people do understand a thing or two about economics.

    2. Re:These people don't understand... by Mr.+Slippery · · Score: 3, Insightful
      They are essentially trying to create a miniature banking system (within a community)

      Not trying - doing. Some of these systems have been working for over a decade.

      by hoping people's time is worth zero.

      Uh, no. Just the opposite, in fact, it's recognizing value that is currently undercounted.

      There is a reason why we now have bank notes, checks, credit cards, bankers, notaries, etc.

      Yes: because it suits the bankers, allowing them to parasitically accumulate wealth.

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  4. Re:Why by Gentlewhisper · · Score: 2, Insightful

    I think that's because the request is submitted to the java communities responsible for java specifications?

    If java would do it, it will probably become adapted by other languages too.

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  5. Summary by 0x0d0a · · Score: 2, Insightful

    Awesome idea, could provide significant benefits ... but unfortunately written in Java.

    This sort of thing would be incredibly interesting if it were done in C or something else least-common-denominator that can be used in any piece of software.

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