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After watching the movie "In Time" which depicts a future world where the currency is time, it occurred to me that it's not really a futuristic concept. Time is already the essence of our currency, even if it's not immediately evident. In fact, the best yardstick with which to measure the value of anything, including actual paper currency, is the time standard.

What do you need money for? Housing? You could learn to build a house, gather and process the materials and make your own. What? That would take years, maybe decades. It's much more efficient and practical to pay someone else to do it. Same can be said for finding and processing your own food, clothes, toys. Money buys you time. You spent time doing something else in return for money, then exchanged the money for someone else's time.