On Sun, Nov 6, 2011 at 6:48 PM, Natalie Golovin <[email protected]> wrote:
I don’t understand the technicalities of how Bitcoin works, but am confident it will facilitate transactions. A very general idea is offer an opportunity for charitable contributions to support volunteer efforts by those who are unemployed, underemployed, employed under the radar, etc. An individual earns points (bitcoins) based on volunteer work and exchanges them for “cash” value. This would increase efficiency and returns to labor by deleting “wasteful” hours from the system. I assume there would have to be some type of safeguard to “insure” Givers against abuse (using credits for drugs) and cheating (faking hours) Maybe have community groups that “sign off” on the time spent be “certified” in some way. Within the community, you now can trade your time for product-but this method allows individuals worldwide to deposit into the pool.
I wonder what the possibilities would be for them to adopt Freenet, on the Las Indias model, as a basic phylic intranet platform, and then to piggyback an encrypted version of Greco's credit clearing system on it as a utility. -- Kevin Carson Research Associate, Center for a Stateless Society http://c4ss.org Homebrew Industrial Revolution: A Low-Overhead Manifesto http://homebrewindustrialrevolution.wordpress.com Desktop Regulatory State: The Countervailing Power of Super-Empowered Individuals http://desktopregulatorystate.wordpress.com Organization Theory: A Libertarian Perspective http://mutualist.blogspot.com/2005/12/studies-in-anarchist-theory-of.html