I point the issue so as to solve it, not throwing things out. There are many projects at which you can contribute: engineer--> a)open source ecology: open sourcing and reducing the cost of hardware programmer--> b) value network <http://valnet.webfactional.com/>s : programming a value accouting program to deal with peer production(many different people coordinating) me right now -->c) provide an information system to consumers so that they become investors of the products they need. (reputation system) programmer -->d) ripple <https://ripple.com/>: creating a decentralized system of insurance for money. programmer -->e)creating an new peer/open currency. lawyer ---> f) Since the ownership of infrastructure will need to change according to the people using it, someone needs to find a structure that complies with the current laws in a way that noone could manage steal the infrastructure from its users. I need to go back to work. 2013/2/5 Patrick Anderson <[email protected]>
Apostolis Xekoukoulotakis wrote:
need exterior investment from someone that doesnt want the resulting product for personal use.
Traditionally yes, but Crowd-Funding is reducing this dependency.
Crowd-Funding can be thought of as an interest-free loan repaid with product.
Though the approach I propose is more like Crowd-Ownership since the micro-investors receive real co-ownership in the Physical Sources instead of just a one-time payout of the Object(ive)s.
In the case where Crowd-Funding cannot meet our needs, we can treat some non-zero percentage of Profit as Payer Investment while the rest is used to pay the VC Angels or bankers.
I hope we can work on this iteratively, solving small issues such as this along the way without throwing out the entire approach.
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-- Sincerely yours, Apostolis Xekoukoulotakis