(*net) Money

Outstanding start to an extraordinary conversation

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

What we call deflation, an earlier culture might have called, "God abandoning the world." Money is disappearing, and with it a third property of spirit, the animating force of the human realm. At this writing, all over the world machines stand idle. Factories have ground to a halt, construction equipment sits derelict in the yard. Yet all the human and material inputs to operate them still exist. There is still fuel, there are still raw materials, and there are still human beings in abundance who know how to operate the machines. It is rather something immaterial, that animating spirit, which has fled. What has fled is money. That is the only thing missing, so insubstantial (in the form of electrons in computers) that it can hardly be said to exist at all, yet so powerful that without it, human productivity grinds to a halt. It is as if God had forsaken the world. Even beyond the mechanical realm, we can see the demotivating effects of lack of money. Consider the stereotype of the unemployed man, nearly broke, slouched in front of the TV in his undershirt, drinking a beer, hardly able to rise from his chair. Money, it seems, animates people as well as machines. Without it we are dispirited.

The *net manifesto is being written

All your prayers are answered in this article, Kurt.

All of this sounds great in this article. Apple, in particular, has a wealth of understanding of how to handle on-line trades and money risk management.

Cash and Transact™ is a mobile wallet solution - money in a subscriber's virtual mobile account. Account holders can load value to their Cash and Transact™ account and then transfer cash or pay for goods and services with anyone, anytime, from anywhere. The Cash and Transact™ vision is to create a borderless community connected by transactions via the Cash and Transact™ mobile wallet.

a complement to alternate currency methods, the phone will allow the exchange of currencies other than traditional scarce money

Looks similar to Flattr

that onion article reminded me of this...

LMAO nice work, especially the comment about surgery at the bottom "that's a lot of tomatoes"