[p2p-research] Open Money Ning

[Ryan Lanham]

My own feeling is we need to go back and discuss thoroughly what we mean by
"money."  Tokens, coupons, certificates, etc. all factor in this.  Money
should have certain characteristics in my view.  It should be fungible.  It
should be transferable with liquidity.  Liquidity is probably the real
question area.

Twollars is a sort of coupon earned for reputation.  Reputation rankings are
a form of value storage.  We don't understand these things.  Marx and Keynes
have little to offer us on the topic.  Someone's going to have to do some
original theory, I'm afraid.  The Internet is giving us a whole new set of
headaches.

Stan, I share your interest in Wave.  It is shocking.  I think the world is
literally going to shake when people start figuring out the meaning of the
whole thing.  I'm not sure how...but I'm sure it will be big.  Knowledge
management is definitely going to evolve from a static base (a wikipedia
article) to something resembling a wikipedia article history...but that's
not right either.  I think it is going to have real implications for science
and how science is done.

I hope I am not made ridiculous by the true outcomes...I am rarely prone to
real hyperbole, but I would argue that Wave is one to watch more than most
in the past several years.

Ryan


On Sun, Jun 7, 2009 at 1:02 AM, Stan Rhodes <stanleyrhodes at gmail.com> wrote:

> Re: Twollars, see commentary by Stan Schroder:
> http://mashable.com/2009/05/26/twollars/
> Alan Rosenblith:
> http://newcurrencyfrontiers.blogspot.com/search/label/twollars
>
> I suspect twollars is little league to prepare for using Google Wave
> to make Wavoleons or Wavebux or obs or whatever.  They didn't know
> about Wave when they started, but I'd be surprised if they don't have
> their eye on it now.
>
> So, if we look at possible next moves in the arms race:
> 1. money moves into the internet via projects that are building open
> money systems
> 2. open money systems that are easiest to use and access by the
> mainstream is adopted rapidly by the tech savvy for small transactions
> 3. diverse money systems are created, but only a few are used, moves
> quickly toward one
> 4. they're used for all sorts of legal and illegal activities
> 5. governments go after traders, like China did with QQ coins
> 6. organized crime increasingly tries to squeeze in as the buying
> power increases
> 7. governments, particularly the United States, strikes at two points
> in the infrastructure: businesses and ISPs
> 8. people route around businesses with virtual enterprises, and route
> around ISPs via peer open telecom tech
> 9. the "rickroll" becomes the world's first true global currency after
> a scandal with "lollars"
>
> -- Stan
>
> On Sun, May 10, 2009 at 6:41 AM, Michel Bauwens<michelsub2004 at gmail.com>
> wrote:
> > Hi Ryan,
> >
> > If you ever feel like reporting on twollars and derivatives, it's an area
> I
> > still don't understand much ... when I originally looked, it looked more
> > like a game, like the ones played on facebook, i.e. poking and hugging
> and
> > such  ... If you think it is important and has potential, thanks for
> > explaining,
> >
> > Michel
> >
> >
> > On 5/10/09, Ryan Lanham <rlanham1963 at gmail.com> wrote:
> >>
> >> This is on the Open Money Ning
> >>
> >> onewhouse has sent you a message on openmoney
> >>
> >> Hi Everyone,
> >> So excited, here is why! Launched CarbonTwollar Experiment to Twitter.
> Was
> >> hoping for a future "Give CarbonTwollar" for @[bravesoul] for
> #[Deceptively
> >> simple and genuine grassroots act] in #ResourceSaving and/or
> >> #PollutionSaving syntax to take root. Twitter founder Eiso Kant
> connected
> >> back, loves the idea and very encouraging. So watch the space or the
> idea to
> >> grow and hopefully gather some momentum...
> >> Here the Tweet nest:
> >> https://twitter.com/CarbonTwollar
> >> More on the 4-step experiment at Placemark:
> >> http://www.placemark.com.au/carbontwollar.html
> >> Warmly,
> >>
> >> Ryan Lanham
> >> rlanham1963 at gmail.com
> >> Facebook: Ryan_Lanham
> >>
> >>
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> >>
> >
> >
> >
> > --
> > Working at http://en.wikipedia.org/wiki/Dhurakij_Pundit_University -
> > http://www.dpu.ac.th/dpuic/info/Research.html -
> > http://www.asianforesightinstitute.org/index.php/eng/The-AFI
> >
> > Volunteering at the P2P Foundation:
> > http://p2pfoundation.net  - http://blog.p2pfoundation.net -
> > http://p2pfoundation.ning.com
> >
> > Monitor updates at http://del.icio.us/mbauwens
> >
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