[p2p-research] Bonds VS Bills for P2P Money

[Michel Bauwens]

detailed coverage of chris cook's concepts also here via
http://p2pfoundation.net/Category:OpenCapital

On Sat, Jul 17, 2010 at 5:27 AM, Alex Rollin <alex.rollin at gmail.com> wrote:

> You mentioned you were interested in Unitization.  This is great for
> asset-backed value.
>
> It seems to be a growing trend.  How is the research going?
>
> http://opencapital.net/unitisation.htm
>
> http://p2pfoundation.net/Direct_Finance
>
>
> http://www.slideshare.net/ChrisJCook/equity-shares-a-solution-to-the-credit-crash-presentation
>
> I wonder how this concept could be better understood as a P2P Currency.
>
> A
>
> On Sat, Jul 17, 2010 at 12:06 AM, Patrick Anderson <agnucius at gmail.com>
> wrote:
> > Thomas Edison wrote:
> >> If our Nation can issue a dollar bond,
> >> it can issue a dollar bill.
> >
> >> The element that makes the bond good
> >> also makes the bill good.
> >
> >> The difference between the bond and the bill
> >> lets money brokers [bankers] collect twice
> >> the amount of the bond plus interest.
> >
> >> Whereas the bill [currency] pays nobody but those
> >> who contribute directly in some useful way.
> >
> >> The People are the basis for government credit.
> >> Why then cannot the People have the benefit of their
> >> own credit by receiving non-interest bearing currency,
> >> instead of bankers receiving the People's credit
> >> in interest bearing bonds?
> >
> >> It is absurd to say that our country can issue 30 million
> >> dollars in bonds and not 30 million dollars in currency!
> >
> >> Both are promises to pay; but one promise fattens
> >> the usurers and the other helps the People!
> >
> >
> > Will P2P Money be borrowed from debtors or created by peers?
> >
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> >
>
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