Currency

21 Mar 2009

The Footprints of Flow

in Currency, Design, Flow, Intrinsic Integrity, MetaCurrency, Open Source Software

Alan’s most recent of posts (about P2P Currency and Currency Platforms) outline a trajectory that points in this direction, but I want to specifically spell out one thing that is so different about what we’re building than any other currency projects we’ve seen.

There are some fundamental shifts that must be made in currency infrastructure for us to break free of the constraints and dysfunctional patterns of the past, and I don’t believe that any prior platforms provide for these necessary shifts yet.

I’ll let Eric write about how MCP and SGFL are also a complete departure, but I’m writing about the one that has been consuming my attention: Intrinsic Data Integrity.

28 Jan 2009

Predictable Living Systems

in Currency, Living Systems, Predictability

A non-deterministic system is not quite the same as a non-predictable one. This is where probability comes into play and makes me think we're really on the right track with currencies as tools for expressing/modeling complex, living systems.

[BTW, I still can't post replies, so I'm making this a main blog post even though it started out as a reply to Alan's post "Do currencies describe living systems?"]

28 Jan 2009

Predictable Living Systems

in Currency, Living Systems, Money



A non-deterministic system is not quite the same as a non-predictable one. This is where probability comes into play and makes me think we're really on the right track with currencies as tools for expressing/modeling complex, living systems.



[BTW, I still can't post replies, so I'm making this a main blog post even though it started out as a reply to Alan's post "Do currencies describe living systems?"]


29 Oct 2008

Critical to expand perception of Currencies

in Currency, Design, DNA


On the Complementary Currency Skype channel we've got going, there was brief but old standard debate going on about fiat vs. mutual credit currencies.

I chimed in with:

        When you expand your perspective about currency beyond only medium of exchange / monetary currencies the need for fiat    currencies becomes clear.

        For example, debiting a University for granting a college degree as reputation currency starts sounding awfully silly. There are quite valid reasons for fiat currencies.

        However, if your goal is to create sustained monetary value, that form of issuance tends to be "bad tech." I think we might be able to transcend some of the dogmatic Mac/PC or Fiat/Mutual-Credit posturing if we consider these broader applications they create sharper contrasts and clearer hues so that we can learn which adjustments effect what outcomes.

08 Oct 2008

Triple Bottom Line Currency

in Currency, Design, Threebles, Triple Bottom Line

Inspired to action by the Google 10^100 proposal that I wrote, I created a new web site for engaging people in the design, implementation, promotion and launch of Threebles (from Triple Bottom Line Economics - 3ble).

Come learn more and join in the fun at Threebles.com