When someone has helped you out, acknowledge that help on Villages.
Villages acknowledgements are a currency denominated credit limit (In Village hours),
consisting of gentle promises made to the person who helped you out to return the
favour at some point in the future. When you have received acknowledgements, you
can spend them to acknowledge others without having to issue any promises of your own.
If there is a connection through the trust network from
you to the person you're acknowledging, Villages can transmit the acknowledgement
through the network using Ripple, so that
the person who helped you receives your acknowledgement as promises from someone they
have endorsed, and your promises go to someone who has endorsed you.
Sometimes you will be on a path connecting another person
to someone they're acknowledging. For example, your friend Anne, who you
have endorsed, might want to acknowledge Bob, who has endorsed you, but
does not know Anne. In this case, the system will find the path from Anne
to you to Bob, and record the acknowledgement as Anne acknoledging you,
and you acknowledging Bob.
Anne's acknowledgement might not have meant that much to Bob,
since he doesn't know her. Anne's acknowledgement has meaning to you, however,
since you have endorsed her, and your acknowledgement has meaning to Bob,
since you have endorsed him.
(If anyone want to make a nice picture here, please
let me know.)
Acknowledgements are meant to represent that you have
received a gift, and would one day like to return the favour.
They are not a debt to be collected, or an obligation that creates stress or worry.
They are more like a reminder to yourself of something you would like to do, and a way
for the friendly exchange of gifts within a social circle to extend beyond to encompass
the entire community.
A Note About Hours
In Villages, one hour of acknowledgement is meant to represent
one hour of basic, unskilled labour, approximately equal in value to minimum wage.
Those offering skills to the community that have taken years of work to develop can
and should be acknowledged with multiple acknowledgement-hours for each hour of their
time given, according to the value of what they have given in that time.
If you need a dollar value for hours, our community,
in Hawaii, generally agreed at a public community currency meeting that
a 'village hour' is worth $15 USD.
This will vary based on your local community and global economic situations