New Currency Project-Water
by Nathan Melville
Water is essential to all life on earth. Now water is set to head in the same direction as oil, with prices rising as demand is increased and supplies are depleted. The fundamental difference is that whilst oil equals money, water equals life. We use so much water in our day to day lives that we often take it for granted. Neither do we realize that every product we buy, or use, has a water footprint. Think 140 litres for a single teaspoon of instant coffee, or 2700 litres for a new cotton shirt. Only 2.5% of all water on the planet is fresh, and only half of that is available to us, yet people waste tons of water every day. One day, fresh drinking water will be scare and be as valuable as oil. What will happen then? Maybe we will convert over to water as a currency, here's how that would work...