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Kurt Laitner

My Story About the Future of Money - Asymmetric Accounting - Spiral Out - 2 views

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    The *net manifesto is being written
Kurt Laitner

How Fake Money Saved Brazil : Planet Money : NPR - 0 views

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    I have a feeling that moving away from scarce currencies will need to be accomplished in a similar manner, and there is still the not small issue of financing governments when value exchange goes off the grid
Kurt Laitner

New Currency Frontiers: Critical to expand perception of Currencies - 0 views

  • A currency organizes connections and interactions between groups of people into a kind of collective behavior which creates a kind of living social organism. The design of that currency (the rules about issuance, transaction, conversion/co-function, retirement/expiration, participant classes, governance, etc.) are the DNA of this social organism
  • DNA doesn’t tell us exactly what each individual biological critter will do, but it does define a particular range of possibilities and tendencies
Kurt Laitner

The Core of MetaCurrency: Composable Abstractions for Wealth Building | The MetaCurrenc... - 0 views

  • "What would it take to make currencies as powerful for building and sharing wealth, as language is for building and sharing meaning?"  
  • The answer to that question, I believe, lies in discovering/inventing a set of composable abstractions for wealth building
  • Notice a pattern in each of these layers of composable abstractions: a set of fairly tight constraints allows the production of a huge number of "expressions."
  • ...1 more annotation...
  • It was developed before we had really spent much time thinking about the four opens (Transport, Identity, Data, Rules),
Kurt Laitner

Web Premiere: The Future of Money - 0 views

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    Outstanding start to an extraordinary conversation
Kurt Laitner

Paul Buchheit: The quest for freedom and safety: Why I donated $100,000 to YesOn19 - 1 views

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    I have had many hear the full pitch, then point out that it won't work because people only want money - my reply has always been that people don't want money, theywant what money represents, freedom and security, we can provide them both without money as it is currently conceived
Kurt Laitner

Tribler - 0 views

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    bandwidth as currency among p2p participants
Kurt Laitner

The Financial Services Club's Blog: If banks are like oil, build better vehicles - 0 views

  • Deposit accounts are the core of banking.
  • Summary: no firm and no individual will fundamentally change the core of banking because it is built upon licences, infrastructures, agreements, global policies, governmental forces, regulatory management and more ensuring that the status quo is maintained.
  • which is referenced as social currency, although it’s not really as it starts and ends with the oil: banks and money.
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  • The bottom-line is that as we talk about the weaknesses and failures of the banking system, we are missing the point. The banking system is protected and will take decades to change, because it is like oil refining. That is why none of the services at the core heart of the banking industry: the deposit account, the checking account, the money transmission have opened up to real competition over the years. Even with the mobile and wireless internet. It will ... but that is like changing the oil industry.
  • First you have to find an alternative to oil, then you have to convert everyone off their old vehicles to the new fuel-based alternative. More on that tomorrow.
  • Meanwhile, there is plenty of scope to add functionality and enrichment to the core of banking.
  • So should the focus be on building better tools upon the base of banking, rather than trying to replace the base? Is it better to build more efficient vehicles that run on oil, rather than trying to get rid of oil?
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    an excellent article, making several important points, including the hilighted bits below - very important distinction between 'new' currencies that piggy back on current vs new currencies that fly solo - we all need to be very clear about the game we are playing
frank smith

flattr - 2 views

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    We aim to revolutionize how people pay and get paid for content on the internet. Come, join and show the world that good content is worth some coins out of your pocket.
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    I went ahead and requested an invitation....
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    http://payswarm.com/ is another micropayment system. For some reason, I'm unable to bookmark it in Diigo (failed with Chrome and Firefox). Someone else could try? Or explain why it fails? I already knew that Diigo has problems with annotations over PDF files. What's wrong with http://payswarm.com/ ?
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