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Saturday, May 4, 2024

The people turning time into a currency

Image source, Coral Sunone

Image caption,

Former Buddhist nun Coral Sunone was able to find a professional stylist to give her clothing advice

After spending 10 years as a Buddhist nun in Myanmar, Coral Sunone realised that she needed some fashion help when she returned to the outside world.

But with money tight, getting assistance from a professional stylist was simply out of the question. Or was it?

Coral, who is based in Malaysia, heard of a website called TimeRepublik, which describes itself as “a timebank for the internet era”.

Time banking is in essence a more sophisticated form of bartering. You don’t pay someone in money for a job that they do for you. Instead you give that person time credits that they can then use to get a service without financial payment from someone else.

Via the TimeRepublik website, Coral was able to connect with…

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