[p2p-research] The Case for Energy As P2P Currency

[Michel Bauwens]

Hi Marc,

perhaps you should run your ideas through the european network of
technocrats as well, since they seem thoughtfull people who have thought
some of these things through?

also perhaps global swadeshi?

Michel

On Tue, Dec 30, 2008 at 6:36 AM, marc fawzi <marc.fawzi at gmail.com> wrote:

> *Hi Michel,
> *
>
> *This section from the latest model sounds like energy credits except it
> has incentives for peer production and completes the picture on wealth
> building.
> *
>
> *
> It seems that part of this is vital for existing P2P theories .. but it is
> *not* in opposition to what those theories stand for!*
>
> *
> The issue is explained in the text below
> *
>
> *The Case for Energy As P2P Currency*
>
> We (and everything else that's functioning, i.e. everything) have a
> continuous cost of energy (see: Thermoeconomics<http://p2pfoundation.net/Thermoeconomics>)
> If we get our energy from fusion we will still need energy to maintain and
> upgrade the fusion technology, and while that energy can come from the
> fusion reactor itself (since it's so efficient) you still need to move that
> energy, at the scale of the economy, from the reactor to the farmer who
> makes the food for the scientists who then perform the maintenance and
> upgrades to the reactor. It's the flow of energy that has to be enabled, on
> efficient basis, between all nodes within the economy, and the idea of
> tokenizing a universal form of energy (i.e. electricity), as we have here
> (see: Common Energy Bank) allows us to enable the flow of this energy from
> one node to another alongside the flow of goods and services. In other
> words, the fusion reactor's maintenance and upgrades are paid for with
> tokenized energy, which the maintenance crew and the fusion scientists can
> exchange with the farmer for food, and which the farmer can redeem for
> actual energy to power production on the farm or trade for other goods and
> services, use to purchase more land, etc. The issue not discussed in current
> P2P theory is how do we assure the flow of energy through all nodes of the
> economy in such a way that we get maximum "globally sustainable"
> productivity from every node. The thesis in this model is simple: in order
> for nodes to have maximum "globally sustainable" productivity they must give
> and take in equal amount, i.e near unity for exchange ratio (i.e. exchange
> of products, services and assets for energy, which in our reactor example
> means providing the maintenance service, which costs energy, and getting
> paid back in a tokenized form of universally utilitarian energy, e.g.
> electricity.) If a given node gives more than it takes in energy then it
> stops to function eventually (see: Thermoeconomics: Laws of
> Thermodynamics: Implications<http://p2pfoundation.net/Thermoeconomics#Laws_of_Thermodynamics:_Implications>)
> If a given node gives less than it takes in energy then it is taking this
> extra energy from some other node, and that's because energy is conserved,
> i.e. if a given node takes more than it gives then it's ultimately taking
> from another node, not from some cost-free fountain of energy (see: Thermoeconomics:
> Laws of Thermodynamics: Definitions<http://p2pfoundation.net/Thermoeconomics#Laws_of_Thermodynamics:_Definitions>)
>
>
> The case for using renewable, clean energy, e.g. fusion, solar, wind,
> bio-fuel, as opposed to fission reactors or coal etc is two fold:
> 1. Renewable energy is abundant which means that it can be accessed and
> harnessed by everyone. Having said this, it's important to note that
> sustainable abundance comes from a regulated whole not unregulated
> individuals (see: Anti-Dumping and Anti-Monopoly Caps for Energy
> Production.) 2. Minimal cost to environment. --The updated currency model
> core is at:
> http://p2pfoundation.net/P2P_Social_Currency_Model#Common_Energy_Bank
>
>


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