Redesign the U$ Dollar - joint submission

DOLLAR REDESIGN
GIVE THE DOLLAR BACK TO US

Tuesday, 19 October 2010

The banks broke the dollar via irresponsible lending
and bad products

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US citizens now pay taxes and higher credit to ﬁx the
banks’ mistakes

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US citizens face a weak economy, huge personal debt
and a system run by those who broke it

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US citizens seek a stronger economy, freedom from
debt and a system which works for them

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Give the dollar back to the US citizens to ﬁx it
themselves

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MAKE THE DOLLAR OPEN-SOURCE
TO DISTRIBUTE PRODUCTION
AND ALLOW CUSTOMIZATION!


Open dollars will be printed on demand for ﬂexibility
and convenience at reduced cost to user

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Print dollars are made via a home computer printer
using a special paper and ink and data cartridge

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Prints are a hierarchy of ﬁxed visual elements, digital
codes and customizable areas

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Prints are accessible via sans serif fonts, large type and
sound ﬁles encoded in RFID tag

I confirm this is
one US Dollar

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Prints contain a number of authentication devices –
a ‘smart’ color strip, QR code, serial number and RFID tag

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Printed dollar value is deposited in user account by scanning
RFID. Print has no value until recharged using same process.

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Printed dollar with optional personal spending RFID tracker
card (more on this later!)

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Open dollars will be customizable to create local or
even personal currencies

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Users can select and print classic dollar designs if they
do not wish to customize

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Users can customize areas of the dollar design to
make identiﬁable local or personal currency

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Uploaded designs are available to all for re-use under
a creative commons license

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Users can customize areas to make personal currency
for gifts, promotion or sheer vanity

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ALLOW COMMUNITIES TO SUPPORT
LOCAL ECONOMIES
BY CREATING THEIR OWN
COMPLEMENTARY CURRENCY.


Local communities can set the parameters of
their currency to support local values and work toward
shared goals

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Set parameters to connect unmet needs with unused
resources

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Set parameters to encourage more local purchases

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Set parameters to strengthen community relationships

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Local dollars will carry greater value within a
community, boosting trade & minimizing carbon
footprint

Bev and Steve

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Increase value by printing loyalty badges for local
communities to distribute or place on the dollar

David Zeibin

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Increase value by higher local buying power and
hidden bonuses

Merlijn Hoek

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Increase value by exchanging dollars for time instead
of money

Niffty..

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Local dollars will identify communities locally and
nationally

David Paul Ohmer

Tony the Misfit

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Identify community via custom images, symbols, maps
and signs

Southernpixel

NASA

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Identify community via embedded sounds and hidden
symbols and images

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MAKE THE DOLLAR TRACKABLE
TO PROVIDE CONTROL
AND MOTIVATION FOR SPENDING
YET MAINTAINING PRIVACY


Trackable dollars will show spending on a private
personal level to control spending

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Individuals track categories of personal purchases to
control and reﬁne spending patterns

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Individuals track what they purchase where over time

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Individuals track against targets to spend carefully -
allocating ‘rations’ for certain purchases

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Trackable dollars will show ﬂow of money between
local business and spending trends

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Locals track ﬂow of currency between local business
identifying new opportunities

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Locals track overall spending patterns against their
own to spend responsibly

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Locals track ﬂow to reﬁne parameters for how local
currency functions

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Trackable dollars will show ﬂow of money on a national
level identifying trends and needs

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National spending patterns show what is valuable for
local communities

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National spending patterns show opportunities for
trade between communities

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National spending patterns provide comparison to
ones own spending habits

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THE US-$ CONCEPT
IN A NUTSHELL


We propose to give the dollar back to the US citizens to
ﬁx it themselves by making it open, local and trackable.

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Open dollars provide on-demand printing, customization
and personalization.

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Local dollars allow communities to support local eco-
nomies by creating their own complementary currencies.

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Trackable dollars provide personal control over
spending, motivate purchases yet maintain privacy.

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Redesign the U$ Dollar - joint submission

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Redesign the U$ Dollar - joint submission