Is your organization prepared for the intelligent, autonomous and interconnected future of money?
Really beautifully designed pdf about the technological future of money. In my language I find it goes further than money. It names the currency landscape and what is possible even in gift economies. You want an overview of the future? This is the place to start.
Is the sharing economy the first attempt to instill community perspectives in the traditional process of venture capital backed innovation? Or, on the contrary, is that an attempt of Venture Capita...
Best article I have read about 'Sharing economies' in a long time. @meedabyte is honest and direct. The article is also full of powerful resources and moves from sharing economies into innovation and venture capital. He also shares ideas for the implementation of true cooperative capitals and crowdfunding. Very good read. Its long. So, if you don't have a lot of time you might want to check my diigo annotated link for some good gems. https://diigo.com/01hsiq
Currency -- the bills and coins you carry in your wallet and in your bank account -- is founded on marketing, on the belief that banks and governments are trustworthy.
What I most enjoyed of this talk is to witness how we are finally realizing that decentralization has gotten to the monetary system. We can create our own and actually they already thousands of currencies out there. Paul mentions several like airmiles, loyalty points, sweat, and how companies are using it as a disruption to our relationship to money.
Answer (1 of 7): What do we mean exactly by currency ? In resource allocation information systems, what is a currency, and what is not ? Do we mean exchangeable tokens ? I am tempted to answer that contextualization is, and can become currency.
Very good insights about how to design a currency (and I would say currencies) for the commons.
Between the endless Euro drama and the Bitcoin brouhaha, currency has been much in the news of late. Most people would probably name the US Dollar as the dominant currency in this day and age.
Five Reasons Content Is the New Currency:
Content has meaning beyond the data it contains. It can be shared and exchanged with others to acquire additional knowledge—much like a traditional currency.Financial transactions used to buy status. Now, content buys earned trust.In the sharing economy, bonds are formed through content and utilitarian exchange.Content creates equity much like stocks and bonds. The more subject matter expertise a brand brings to the table, the more business they can create. This expertise is displayed in the form of content.The definition of the term currency is anything that is used as a medium of exchange. Content acts as that catalyst because it brokers an exchange between people with similar interests and goals.
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"
I am following some of the spinoff designs of bitcoins and this is one very interesting one called Auroracoin, which is a cryptocurrency for Iceland. It is based on litecoin and is 50% premined. The premined coins will be distributed to the entire population of Iceland, commencing on midnight 25th of March 2014.
What if community-based trust and online rating reputation systems could let us to get rid of money -- at least as we know it?
Jason offers his experience on using services which have trust as an embedded currency in the system and how it can be manipulated. The invitation I hear is to think further into the design of reputation systems and the balance in between what we measure and our capacities to trust and be impeccable.
Closing keynote of the OuiShare Fest by Michel Bauwens, founder of the Foundation for P2P Alternatives, who introduces four prospective scenarios for the col...
Loved this video. My two favorites are that @mbauwens brings a great perspective on issues lwhat good and bad currency design is and uses the case of bitcoins and the last part on how we can create peer to peer businesses for a thriving economy. Good 20 mins watch.