Inspired by conversations about the currency fluctuations in Syria, it is an imaginative endeavor that challenges the very essence of money and materialistic pursuits.
It offers a compelling suggestion for us to introspect and contemplate sustainable and collaborative economic models.
By 2022, the cost of a single potato was 500 Lira. However, when converted to AED or Euro, this amount is not significant. Therefore, we may not feel the true impact of the current crisis.
What if we made Potato a currency?
What is money?
Assets
Storage of value
Equity
Units of accounts
Debt
medium of exchange
Characteristics
Durable & Portable
Divisible
Uniformed
What is a Potato?
Potato
Is a starchy tuber that makes more potatoes
Potatoes are a diverse crop, exhibiting a wide array of shapes and colors.
Potatoes are also:
Assets
Storage of value:
Nutritional Calories
Equity
Units of accounts:
Stored or replanted
Debt
medium of exchange:
Products that fall under circular economy
Characteristics
Durable & Portable
Divisible
Uniformed
It is technically feasible to substitute money with potatoes, although this would essentially transform potatoes into a form of capitalism. Nevertheless, we could use potatoes as a medium of exchange for services based on (gift giving) abundance value, instead of relying on monetary compensation.
Speculating an example
Speculating an example
While the income earned from selling potatoes is beneficial, it does not address the issues of inadequate power supply, inadequate healthcare systems, or poor road infrastructure...etc
A vending machine for potatoes serves as an intermediary between farmers and buyers, promoting an economy built on trust, abundance, and mutual benefit.
