Time credits are not a new form of currency, they were used extensively in early co-operative communities such a the one started by Robert Owen in the 1820s. So

Time credits are not a new form of currency, they were used extensively in early co-operative communities such a the one started by Robert Owen in the 1820s. Sorry to cite a book, but this has some details: https://www.routledge.com/A-Global-History-of-Co-operative-Business/Patmore-Balnave/p/book/9781138191495 https://www.routledge.com/A-Global-History-of-Co-operative-B... There are lots of examples of co-operatives that use a currency of their own, the more idealistic ones did time based currencies because it was a proxy for equal pay for equal work. Communities tended to adopt their own to keep money circulating locally.