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Freicoin - P2P Foundation

Freicoin - P2P Foundation | 'Next Economy and Wealth' | Scoop.it
Ferananda's insight:

What have we learned from bitcoins that won't be repeated with Freicoins? Very interesting is that WE become aware that WE can design whatever currency we choose to generate, manage, exchange, wealth together. WE can decentralize the currency!



"Freicoin is a decentralized, distributed electronic currency designed to address the grievances of the 99% movement and correct the excesses of the 1%. Whereas inflationary currency like the U.S. Dollar or Euro are controlled by central bankers under rules that benefit the establishment, Freicoin would be completely decentralized and self-regulating, with fees on stagnant or hoarded money (demurrage) paid in proportion to those community members who contribute work to secure the currency. It is an opt-in alternative currency to be used first by Occupy-supporting businesses and supply chains, then spread to the surrounding community"


 

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Sepp Hasslberger's curator insight, December 29, 2012 3:23 PM

This is going to be a real step ahead from Bitcoin, which is "value-mobile", meaning its 'coins' are expected to significantly appreciate in value for time to come, to an electronic currency that is expected to be pretty stable through time and to be used exclusively for the transfer of value from one point to another.

Ferananda's comment, January 7, 2013 4:57 PM
Thank you @Sepp I appreciate your insights as you have so much knowledge in this realms.
'Next Economy and Wealth'
Every paradigm shift has new rules, forms, patterns. Economy is the way we take care of our house (eco), create agreements, relate to value.
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Community Currency Entry Page - C-C.info

Community Currency Entry Page - C-C.info | 'Next Economy and Wealth' | Scoop.it
Ferananda's insight:

Community-Currency.info is an online database of community currencies outlining the origins, aims, vocabulary and functions of both high-profile and lesser-known projects in the growing world of currency design.

 

Written in five languages (English, Dutch, French, German and Spanish) and pulling together articles covering the full breadth of existing models including Bitcoin, digital barter schemes, timebanks, and local currencies like the Brixton Pound, Community-Currency.info will be the go-to website for all currency design topics.

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The real value of bitcoin and crypto currency technology - Bitcoin Properly - YouTube

Bitcoin in five minutes: Blockchain technology will drastically change our lives. In the coming years, the technology behind crypto currencies such as Bitcoi...
Ferananda's insight:

Finally an easy video that shares the story of the potentials of bitcoin blockchain technology.  Its a universe in itself!  What I love is the capacity that it can enable for true democratic systems at a very wide scale.   

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Fair·Coop | the Earth cooperative for a fair economy

Fair·Coop | the Earth cooperative for a fair economy | 'Next Economy and Wealth' | Scoop.it
Ferananda's insight:

The more I learn about Fair.coop the more impressed I am. the more I want to know and collaborate with them.  They aspire to create an earth cooperative with the values of conscious culture!

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Avi Reichental: What’s next in 3D printing - YouTube

Just like his beloved grandfather, Avi Reichental is a maker of things. The difference is, now he can use 3D printers to make almost anything, out of almost ...
Ferananda's insight:
Ferananda's insight:

Love it! I can begin to touch the potentials for our communities, for life in the planet and the use of resources. A solution that is shifting our ways to design, manufacture and distribute objects.  The potential for the open source paradigm and the common good is immense. Might our technologies serve all sentient beings and the planet.

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The direction of evolution: The rise of cooperative organization

The direction of evolution: The rise of cooperative organization | 'Next Economy and Wealth' | Scoop.it

Two great trends are evident in the evolution of life on Earth: towards increasing diversification and towards increasing integration. Diversification has spread living processes across the planet, progressively increasing the range of environments and free energy sources exploited by life. Integration has proceeded through a stepwise process in which living entities at one level are integrated into cooperative groups that become larger-scale entities at the next level, and so on, producing cooperative organizations of increasing scale (for example, cooperative groups of simple cells gave rise to the more complex eukaryote cells, groups of these gave rise to multi-cellular organisms, and cooperative groups of these organisms produced animal societies). The trend towards increasing integration has continued during human evolution with the progressive increase in the scale of human groups and societies. The trends towards increasing diversification and integration are both driven by selection. An understanding of the trajectory and causal drivers of the trends suggests that they are likely to culminate in the emergence of a global entity. This entity would emerge from the integration of the living processes, matter, energy and technology of the planet into a global cooperative organization. Such an integration of the results of previous diversifications would enable the global entity to exploit the widest possible range of resources across the varied circumstances of the planet. This paper demonstrates that it's case for directionality meets the tests and criticisms that have proven fatal to previous claims for directionality in evolution.

 

The direction of evolution: The rise of cooperative organization
John E. Stewart

Biosystems
Available online 1 June 2014

http://dx.doi.org/10.1016/j.biosystems.2014.05.006


Via Complexity Digest, Daniel LaLiberte
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Eli Levine's curator insight, June 15, 10:06 PM

Cooperation is the best way to improve, sustain, maintain, and repair.  Competition is what drives everyone and everything towards something different, be it competition for resources or competition against the elements around us.

 

I don't get what the point of competition amongst the species is for.  Part of cooperation, after all, is knowing what works, learning about what could work better or doesn't work, and then letting the negative or sub-optimal slip back beneath the waves of ignorance, such that the new ways can rise to prominence.

 

Change is the only constant in this universe of universes.

 

Yet cooperation, I think, yields the higher and stronger of the universal structures that are out there, even if it means that there are still losers and winners.  The only difference is the level of consent and consensus that's reached within the social, ecological, economical, and/or political landscape.  One way works towards what is best.  The other way simply yields what is best at competing, which is not the same as being the actual best solution to a given problem or condition.

 

Think about it.

Luciano Lampi's curator insight, June 16, 9:51 AM

is this the end of stove pipes?

Ra's curator insight, June 22, 6:02 AM

Have I been reading too much science fiction?

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Zero Waste World

Zero Waste World | 'Next Economy and Wealth' | Scoop.it
When the economy goes in circles, everybody wins.
Ferananda's insight:

Great examples of how the circular economy is getting bigger. Many corporations are getting into this wave!

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The Internet of Things

Ferananda's insight:

In this MIT Technology Review business report we decided to explore the big question of what new businesses will arise as things get connected.  And and and... a wider economic impact! 

 

The insights impact how we design products and services.  Read on. 

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Buddhist Economics: How to Stop Prioritizing Goods Over People and Consumption Over Creative Activity

Buddhist Economics: How to Stop Prioritizing Goods Over People and Consumption Over Creative Activity | 'Next Economy and Wealth' | Scoop.it
"Work and leisure are complementary parts of the same living process and cannot be separated without destroying the joy of work and the blis
Ferananda's insight:

Lovely article about a vision for Economics which has the potentials of human spirit at the center. Its a practice and aspiration. If you think that economics is to complex, scientific and far from you, think twice.  It is the harmony of our society. Its the relationship with matter, wealth and other.  

 

A quote:

 

Buddhist economics must be very different from the economics of modern materialism, since the Buddhist sees the essence of civilization not in a multiplication of wants but in the purification of human character. Character, at the same time, is formed primarily by a man’s work. And work, properly conducted in conditions of human dignity and freedom, blesses those who do it and equally their products.

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Eli Levine's curator insight, July 7, 4:31 PM

What good is wealth without happiness? What good is profit without purpose? These are things that the market isn't going to answer. These are problems t that require legislative action and law enforcement to solve. Otherwise greed will just come back to destroy its followers and many innocent civilians in the process. 

 

Think about it. 

Pierre Johnson's curator insight, July 7, 4:44 PM

Une perspective bouddhiste sur l'économie... Une voie de transition ?

Kurt Laitner's curator insight, July 8, 12:31 PM

phenomenally relevant 

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Local Financial System Animation - Principled Societies Project

Local Financial System Animation - Principled Societies Project | 'Next Economy and Wealth' | Scoop.it
Our first animated video, Principled Societies Project Part I: A Local Financial System is posted on YouTube. It introduces the Continue Reading →
Ferananda's insight:

Understanding the Token Exchange System, the local monetary/financial system being developed by the Principled Societies Project.

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Next paradigm Economics - Community - Google+

Next paradigm Economics - Community - Google+ | 'Next Economy and Wealth' | Scoop.it
Ferananda's insight:

VillageLab is moderating a community with the 'Next economics' topics. The content is leading edge thinking.  We are a small community still yet we are already offering free hangouts and workshops of different sizes for communities worldwide. 

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Ecuador’s Pathbreaking Plan for Commons-Based Peer Production: An Update | David Bollier

Ecuador’s Pathbreaking Plan for Commons-Based Peer Production: An Update | David Bollier | 'Next Economy and Wealth' | Scoop.it
Ferananda's insight:

What makes the FLOK Society report so significant is its informed analysis of global trends in the production of knowledge and culture -- and its bold attempt to reformulate state policies to assure maximum social benefits flow from them. 

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Economic Shift: The Rise of the Collaborative Commons | Think Tank | Big Think

Economic Shift: The Rise of the Collaborative Commons  | Think Tank | Big Think | 'Next Economy and Wealth' | Scoop.it
 “We are just beginning to glimpse the bare outlines of an emerging new economic system--the collaborative commons,” explains economist Jeremy Rifkin, the New York Times bestselling author of
The Zero Marginal Cost Society
. In our new series on disruption, Rifkin discusses the forces shaping our ...
Ferananda's insight:

Very interesting perspective, historical context, data and grounded research.  A lot to think about. 

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SymGen.us

SymGen.us | 'Next Economy and Wealth' | Scoop.it

The SymGen.us platform is a news aggregation tool to find the latest information on the sharing economy, cooperative economy, social solidarity economy, green economy, new economy, as well as the types of enterprises and development strategies contained therein.

Ferananda's insight:

They seem to be beginning their website yet coming quite strong. 


Our central resource hub offers a place to review existing solutions that individuals, organizations, businesses, and even large institutions like foundations, universities, city governments, and others can use in order to enhance their positive impact.

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Owning is the New Sharing

Owning is the New Sharing | 'Next Economy and Wealth' | Scoop.it
Image from OpenSource.com's article "Don't Build a Better Mousetrap. Change the Business Model."
Ferananda's insight:

Very informative article that offers a wide view of the potentials for humanity if we are to look closely to what ownership really means. We know we can have access to things without owning them. We also know that we can own different. Own together and be Response-able for what we own as a collective and individuals.  

 

As part of this article you will find great models and projects.

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heathervescent: Future of Money Podcast

heathervescent: Future of Money Podcast | 'Next Economy and Wealth' | Scoop.it
Welcome to the Future of Money podcast Past Episodes On Stitcher On iTunes Recent episodes on Soundcloud Latest Episode Episode List Episode 8: Ferananda Ibarra on Invisible Economic Architectures Episode 7: Ray Podder on Trust and Resilience Episode 6: Tara...
Ferananda's insight:

Awesome Podcasts for the future of money and economics! Heather's work is very integral and is covering money from vast perspectives.  Trust, Resilience, Reputation currencies, sharing economies, invisible architectures, social and individual behaviors. Its WOW! 

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Simple Living in History: Pioneers of the Deep Future | The Simplicity Collective

Simple Living in History: Pioneers of the Deep Future | The Simplicity Collective | 'Next Economy and Wealth' | Scoop.it
Simple Living in History: Pioneers of the Deep Future, edited by Samuel Alexander and Amanda McLeod. Below I have posted the 'Table of Contents' and
Ferananda's insight:

A while ago I posted about 'Buddhist economics' and the connection in between sufficiency and non violence.  This site and book offer powerful resources and practice for those of us who want to live in a more caring, compassionate way.  Simple living as a practice to create a more beautiful world together.  

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Humans Need Not Apply - YouTube

Discuss this video: http://www.reddit.com/r/CGPGrey/comments/2dfh5v/humans_need_not_apply/ http://www.CGPGrey.com/ https://twitter.com/cgpgrey ## Robots, Etc...
Ferananda's insight:

Here is a scary trend that will shape economics and already happening. The BOT REVOLUTION. In this video they demonstrate that Robots will replace low skilled job, white collar jobs and professional ones as well. Creativity rules? Yep...that too. 

 

Do take a look at what is coming. Jobs where humans need not apply

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P2P Foundation » Blog Archive » A political evaluation of bitcoin

Ferananda's insight:

Yes, this are the good and the bad of bitcoin.  

A window to the good: 


Apart from being a currency, the underlying universal ledger technology of Bitcoin has potential to usher in a new era of more easy self-organisation, by enabling the possibility of smart contracts and software-driven ‘distributed autonomous organisation, as expressed by initiatives like Ethereum, Common Accord, and the crypto-equity experiment of Swarm. Though these developments and possibilities are not without danger, and though most of the current enthusiasm is utopian and mostly based on hopes and just a few budding experiments, this technology is potentially a game changer by bringing down the transaction cost for self-organization. 

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Ecosystem Guide: The 12 Players of the Collaborative Economy | Web Strategy by Jeremiah Owyang | Digital Business - Linkis.com

Ecosystem Guide: The 12 Players of the Collaborative Economy | Web Strategy by Jeremiah Owyang | Digital Business - Linkis.com | 'Next Economy and Wealth' | Scoop.it
Ferananda's insight:

The players are very well explained. Providers, Partakers, Displaced, NGOs, platforms, investors, advocates, incumbent corporations, lobbists, governments, press and media, though leaders. 

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Improving Wellbeing Should Be Our Global Priority

Improving Wellbeing Should Be Our Global Priority | 'Next Economy and Wealth' | Scoop.it
People's daily experiences and concerns differ enormously around the world. While a farmer in Angola prays for a good harvest, a manager in Greece worries about losing her job. And while a mother in Egypt comes to terms with life in a conflict zone, ...
Ferananda's insight:

Interesting subject. Measure happiness as an essential part of a country well-being and let be that metric a  key driver in the design of our social systems.

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After Piketty, the ownership revolution | Al Jazeera America

After Piketty, the ownership revolution | Al Jazeera America | 'Next Economy and Wealth' | Scoop.it
Trend-altering change will take time, but potent forces are driving real-world efforts to democratize capital
Ferananda's insight:
The future is not foregone

Take participatory ownership. Even as union membership has trended steadily downward, for instance, the number of people involved in worker-owned firms has increased, from 250,000 in 1975 to about 11 million working in more than 11,000 firms today. Add to this approximately 130 million Americans who are members of some form of co-op, another type of democratized ownership; this number is increasing daily just beneath the surface of what our hollowed-out local newspapers are able to report on. Credit unions — member-owned one-person, one-vote banks — control more than $1.1 trillion in assets, as much as those of some of Wall Street’s largest financial institutions.

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The Case Against Sharing — The Nib  — Medium

The Case Against Sharing — The Nib  — Medium | 'Next Economy and Wealth' | Scoop.it
On access, scarcity, and trust
Ferananda's insight:

New insights about 'The Sharing economy' and the social dynamics and patterns as well as the good and the ugly. 

 

A quote:

Sharing economy boosters repeatedly call the whole thing “empowering.” For them, it certainly is. And in some iterations, it can be for all of us. In its full scope, including barter and gift transactions and nonprofit collectives and cooperatives, the sharing economy is decidedly not all bad. Enabling peer to peer commercial interactions can save us time and money; it can lessen our impact on the planet. And it can also replicate old social and economic patterns and further degrade worker and consumer protections.

 
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5 Signs That The Collaborative Economy Is Going Through Puberty

5 Signs That The Collaborative Economy Is Going Through Puberty | 'Next Economy and Wealth' | Scoop.it
The collaborative economy is no longer a shiny new model of commerce, but rather in that awkward, in-between, adolescent stage .
Ferananda's insight:

I really appreciate the 5 signs that Lisa points to. Which are:

 

1. The voice has changed

People are choosing to share rather than own. Emerging forces from the bottom up. Cost reduction. Integrated value chains turning products into platforms. 

 

2. Peers are paramount

Collaborative economy hinges on the reputation and trust built between a set of peers. User-generated reputation which quantifie trust based on interactions within the community.

 

3. The elders get Fidgety

No more under the radar.  If the most recent surveys of cities prevail, the cities that first embrace change and create transit and income generation options will win favor with a growing breed of urban dwellers. Mexico is among them. 


4. Ecosystems are growing dense and diverse

As specific models and platforms gain market momentum, an entire ecosystem of commerce emerges. Secondary offerings validating the success of early brands.


5. Maturing brings power and responsibility

As the collaborative economy gains steam, it’s also gaining power, which can be measured in several ways: cultural capital, financial capital, and marketplace momentum


While the collaborative economy ventures have not yet hit their prime, they are clearly on their way. Whole new brands, teams, marketplace dynamics, investment in platforms, behaviors, and policies are evidence of the power in these models. With a bit more time, we’ll see the collaborative economy mature past that awkward, in-between stage into a full-fledged, trusted, and increasingly meaningful, global economic force.

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P2P Foundation » Blog Archive » The Sharing Economy: Capitalism’s Last Stand?

P2P Foundation » Blog Archive » The Sharing Economy: Capitalism’s Last Stand? | 'Next Economy and Wealth' | Scoop.it
Ferananda's insight:

Really recommend this article to understand why the 'Sharing economy' is not the holy grail that is illuminating the path towards an economic system that could regenerate the planet and our people.


I have been speaking a lot about this since more and more 'sharing economy' models are appearing every day. Lets remember that capitalism has been quite clever in adapting itself to the worldviews and values of the population. It happened in the 60s and its happening now. Don't get me wrong, its great, yet its not the answer but a small piece of the puzzle. 


Another relevant piece is the distinction among collaborative and sharing economy. Stacco Tronocoso says 'the collaborative economy and sharing economy (or collaborative consumption) are not the same concept. The sharing economy is just one part of the collaborative economy, as is distributed production, P2P finance and the open source & knowledge movements. What these phenomena have in common is their reliance on horizontal networks and distributed power within communities, as opposed to competition between hierarchical organisations, which has dominated economic life since the second industrial revolution. 

 

The author even prevents us from using the term 'sharing economy'. Curious? Read through. 

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The Future of Money Infographic | Visual.ly

The Future of Money Infographic | Visual.ly | 'Next Economy and Wealth' | Scoop.it
How social and mobile technologies are changing the way people earn,
manage and spend money.
Ferananda's insight:

Nice #infographic about #futureofmoney you can get a glance of how much is happening in the field.  Still money and #cashless means just that -no cash- yet...its movement towards changing rules. 

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