[P2P-F] [Ripple] Open Society

Michel Bauwens michel at p2pfoundation.net
Tue Aug 16 05:39:36 CEST 2011


thanks Dante!

On Tue, Aug 16, 2011 at 8:53 AM, Dante-Gabryell Monson <
dante.monson at gmail.com> wrote:

>
>
> ---------- Forwarded message ----------
> From: Dante-Gabryell Monson <dante.monson at gmail.com>
> Date: Tue, Aug 16, 2011 at 3:53 AM
> Subject: Fwd: [Ripple] Open Society
> To: trustlet at googlegroups.com, econowmix at googlegroups.com
>
>
> http://opensociety.referata.com/wiki/Main_Page
>
> excerpt from link : *" **If we are to use a decentralized way to compute
> trust... " *
> *
> *
> other excerpt from message below
>
> *"My project tries to use trust relations to rank information. It tries to
> map the human trust relations so as to give each person a personalized
> ranking of information."*
>
> ---------- Forwarded message ----------
> From: Apostolis Xekoukoulotakis <xekoukou at gmail.com>
> Date: Thu, Jun 16, 2011 at 6:25 PM
> Subject: [Ripple] Open Society
> To: rippleusers at googlegroups.com
>
>
> I recently contacted Ryan to inform him of my interest in using Ripple as a
> (micro)payment system for a wiki that I am creating and thought it would be
> nice to inform you all about my project and how it might help Ripple.
>
> In an recent article of Eli Gothil about metacurrency, I pointed to him
> about the importance of trust in the effort of creating new currencies. If
> you are not familiar about metacurrency, It is a project that wants to turn
> intangible values into currencies, ie to quantify values in an effort to
> change the flow of those values. The problem with such an effort rests in
> the fact that People need to trust the creators of those new currencies in
> order to use them and that will make it very difficult for simple people
> like you and me to have their currencies accepted. I also pointed to him
> that the Ripple project does take trust into account to create new economic
> flows.
>
> The Ripple monetary system is simple and intuitive. It could be argued that
> no effort at all was required to come to such an idea. On the other hand,
> noone else has ever thought or at least was confident enough to start such a
> project. And that makes me us wonder why... It is certain that there are a
> lot of smart people, they should have proposed of such a possibility. It is
> my belief that the reason that noone else has proposed of such a project is
> the inability to forget, ie forget of all those things that are taken as
> granted, axioms that tell how the economy works.  It requires great bravery
> to forget what many smart take as axioms, ie forget that banks are necessary
> for the Economy.
>
> Let us then forget for a moment and think...
>
> My project tries to use trust relations to rank information. It tries to
> map the human trust relations so as to give each person a personalized
> ranking of information. If Google is a search engine that recommends the
> same to everyone, what i try is to create a search engine that instead of
> links between sites uses trust relations between people.
>
>  What are the similarities with the Ripple project. Well if the Ripple
> project tries to turn everyone into a bank with the use of trust relations,
> I try to make everyone a newspaper(or a science journal etc) with the use of
> trust relations. In the Ripple project each user accepts to give a loan to a
> trustworthy friend, in my project each user will accept information only
> form trustworthy. Without Ripple or myproject we have to use the banks and
> news media, even though their trustworthiness cannot be proved by us
> directly, because we are not technologically capable to find a trust route
> to the source of the loan or the information, with ripple and myproject we
> take advantage of such routes.
>
> We have many similarities in principle but many differences in the
> mathematical model, something that is reasonable since we deal with
> different things.
>
> What both projects have as a problem is that they are not usefull untill
> they are usefull to some, ie the kitchen and egg problem. I think if we can
> help each other.
>
> http://articles.cnn.com/2010-07-14/world/england.chicken.egg.riddle_1_chicken-crystal-structure-human-skeleton?_s=PM:WORLD
>
> http://opensociety.referata.com/wiki/Main_Page
>
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>
>


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