30 Aug '12, 2am

Decentralized Network of Time Banks" keep spains jobless afloat #bitcoin

Decentralized Network of Time Banks" keep spains jobless afloat #bitcoin

“22-year-old Silvia Martín takes comfort in knowing that her bank is still standing behind her. It’s not a lending institution, but rather a time bank whose nearly 400 members barter their services by the hour. Ms. Martín, who doesn’t own a car and can’t afford taxis, has relied on other time-bank members to give her lifts around town for her odd jobs and errands, as well as to help with house repairs. In return, she has cared for members’ elderly relatives, organized children’s parties and even hauled boxes for a member moving to a new house.The time bank not only saves her cash, she says, but also lifts her spirits by making her feel “part of a community that’s taking some positive action during hard times.”

Full article: http://aotmr.com/decentralized-network-of-time-banks-keep...

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