Wednesday, February 18, 2009

P2P Currency










O Newhouse said...

Thanks Art for the invite. I am exploring and enjoying. Particularly like this landscape metaphor for the flow:

what things attract
participation, etc?:
Those are low points
what are the repellers?:
Those are high points on the map
what stuff is flowing on this landscape?:
In economic terms, it's money, goods and services. Part of what we talk about is there are other things that flow, trust, knowledge, stories, etc.

If I understand it well: currency in organic motion flows like energy. From higher entropy points to lower entropy points.

Does it mean that over time it dissipates as well, in other words it is naturally perishable so it can regenerate? Bit like ingenuity... Or is it like with consciousness, that a natural open system always GAINS energy, so in the meta currency wealth will appreciate, not dissipate?

King of the Paupers said... is my personal LETS timebank page. Rudimentary but workable.

Anonymous said...

I think Gcredit is the possible solution

Carlos said...

This comment was introduced when I was in college. A couple years have passed and information has rapidly evolved. I slowly moved away from this concept as I got involved with work after graduation. Does anyone know if any of these ideas have gotten off the drawing board and more into main street?

RickyRed said...

Sorry Guys but a bunch of bull shit here. Cash is king and ALWAYS will be as will gold be. This idea of virtual world and virtual world money is great for the day dreamers, visionaries, right brained thinkers and theorists but is not practical in our future societies. We have fought too many wars and overcame to much disdain to allow this P2P to happen. Just like if electric cars WERE ALLOWED on a world stage to be integrated all over the world on an electric infrastructure and grid model there will be those people who will still want to drive a gas powered vehicle . In the year 3021 the 69 Mustang with a full tank of high octane will be worth more than a ship flying us to a space station. Get it.