Following on the success of OpenID and OpenSocial, the OpenIdeas consortium is drafting a new standard for social networking called OpenMoney.
OpenMoney would be exchanged electronically between parties and would have no direct facial value, nevertheless, the parties evolved recognize it and exchange services with it.
Main advantages:
* not tax payment is due;
* simple and secure exchange;
The FriendsInteraction Labs team values this initiative and promotes it by offering 8 opensocial development hours per 1000 OMC (OpenMoney Cent)
Wednesday, April 1, 2009
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Hi Filipe - we're glad to see you're interested in open money.
ReplyDeleteBut please don't make any mistake - open money is just as taxable as any other! Sometime it's not of course, but that's because of what you do, not how it's paid.
For the best information on what open money really is, please refer to http://www.openmoney.org and http://openmoney.editme.com.
Best wishes,
Michael