Amazing!
17 karma · joined October 12, 2015
The MetaCurrency Projects’ Holochain is the next generation P2P no-middle-man accounting system which open sources and decentralizes the rules around money creation and usage. It allows us to evolve the rules together and build mutual credit, interoperable, open and unencloseable carrier’ currencies. Currencies are backed by real world commodities, leading to a rich network of flows between a community.
Your comparison shows me that you might not yet have had the privilege of critically exploring the underlying patterns and stories that have made Industrial Age money the tool it is today. For me ‘The Future of Money’ by Bernard Lietaer, and David Graeber’s ‘Debt: The First 5000 Years’ are very paradigm shifting books and helped me to challenge the underlying stories of economics that I believed. These stories stopped me from seeing a more beautiful future.
I know - this all sounds crazy right?
The author Brett Scott has an easy to follow blog post where he helps the reader explore the many paradigm shifts needed to break the thought patterns behind our economic system:
https://howwegettonext.com/the-future-of-money-depends-on-bu...
Bernard Lietaer: “My conclusion is that greed and the competitive drive are not inherent human qualities. They are continuously stimulated by the kind of money we use. There is more than enough food and work for everyone. There is merely a scarcity of money.”
This is exactly what the http://metacurrency.org project aims to bring to life: http://holo.host/learn/ and http://ceptr.org
The distributed pattern they have created combines Git local source chains with cryptographic signing and BitTorrent’s DHT to create easily evolvable apps using http://holochain.org. Peer validation enforces rules defined in the logic of each app. Apps run locally instead of on a corporate server. If the current tech ecosystem is Platform Capitalism, then this pattern is Protocol Cooperativism.
I haven’t come across anything like this.
From Goodreads
"Today’s financial system is seen by the most as having a fixed size. Bernard A. Litaer challenges this perspective by showing that there were different economic systems in history and that our present system has arisen from a tacit and problematic collective acceptance. He sees the future in the development of complementary currencies. He explains which money is necessary for which needs and how we can commonly create it. Money only exists because of trust — where trust has been destroyed, money is loosing its value; chaos and poverty are sad consequences. Lietaer has written an exciting and informative book for anyone who is aware of economic problems, from interested laymen to bankers."
https://www.goodreads.com/book/show/984314.The_Future_of_Mon...
http://artbrock.com/blog/magical-power-objects-and-sociopath...