I made a stab at moving my money to a credit union in support of #Occupy, or (as I wish it were) #Decolonize, but ran into a bunch of problems! Because I live on a boat, and my harbor doesn’t handle us receiving mail, I can’t prove a fixed address that the two credit unions I’ve talked with will accept. I get most of my mail at my ex’s house, which I also still own half of. I get some mail at my partner’s house in San Francisco. But what credit unions want is a utility bill and a credit card bill to prove my address, or my residency, or something. I have all sorts of Documents Which Can Prove I Exist and Am Contactable, but none of them count. So, my dollars are all in Ally.com for now, until I can find a credit union that will take me as I am or until I start paying Oblomovka’s electricity bill.
Online payment systems are very handy for me. I buy a lot of stuff online — sometimes to spare myself the physical cost of running errands. I now have everything set up so that I can use Amazon payments, PayPal, Dwolla, and (naturally, since I’m a crackpot and a neophile) a few token, languishing, Bitcoins which I think of as the Pet Rock of currencies. I kind of like having all those possibilities and having them all tie into Mint.com, which displays everything in a way I can understand. I’m no financial tycoon but I do have some resources, and I really like being able to see the data about the bit that I have at my disposal. I had a good conversation lately with my friend Ian about how strange it feels to have that (and not be living paycheck to paycheck) and what we think we should do with it or about it. We talked about ethics and whether we would ever be someone’s landlord (No.) And the fact that we can’t figure out how to pool resources with other people and do things collectively other than through becoming a non profit, a corporation, or getting married. Are those structures enough? What other structures might be possible? How can we make co-operatives easier to create?
Anyway, back to money, banking, and software. Dwolla looks very promising! It has a nice web interface, elegant and non-stupid, which counts for a lot with me. It charges 25 cents to the person receiving the money. I think that’s it for the fees. Can it last? And could this be the magic platform/app/currency that enables us to pay content providers for stuff? I’ve written a few times about payments for music. I’d love to see music players with built in direct “tip jar” for all the artists. So while I’m listening to something, I should be able to not just star it or rate it; I could send a dollar (or even 50 cents) to the artist directly using Dwolla, alleviating my occasional torrent-guilt. I know people talk a lot of smack about micropayments. But this one, not really micro, and not ambitiously trying to be pervasive-over-everything, could work!
I have a list of posts I want to write a yard long, about music, books, politics, software development, poetry, feminism, and nifty techie things, but feel weirdly blocked up and so this uncharacteristic post in order to get what’s in my head out onto the page.
1 thought on “Tangled up money”
Dwolla does look pretty neat, and “the Pet Rock of currencies” caused me to literally laugh out loud. As for whether it will change folks’ habits w.r.t. paying content creators, perhaps, but I think the problem isn’t really the bother of transactions–though that’s not nothing, true, and minimizing that bother might make some difference–but about institutionalizing psychologically satisfying habits. I think flattr might actually be more promising, here, because it works on two levels–committing to a monthly subscription lets you set up a plan you can reflectively endorse, and then the actual distribution takes place almost on an impulse-satisfaction model.
Ugh, I really need to get myself out of Citibank/CapitalOne. Next week, darnit.