[P2P-F] Art & Revolution by Credit Cards - Gift Finance & the Ugly Truth about Money - P2P Gift Credit Cards Newsletter

[Michel Bauwens]

thank you Gael

On Fri, Jul 1, 2011 at 1:08 AM, Gael Van Weyenbergh <stroombank at gmail.com>wrote:

> Interesting art project from Paolo Cirio
> http://www.paolocirio.net/work/gift-finance/p2p_gift_credit_card.php
>
> Thanks,
>
> Gael
>
> *P2P Gift Credit Cards Newsletter*
> Press Release. London. 30 June 2011.
>
> The P2P Gift Credit Card is a revolutionary art project that involves
> counterfeited virtual money and credit cards for an equal, democratic and
> universal distribution of money for the common people.
>
> The project has been released on 20th December 2010 and there are already a
> thousand of cardholders who joined the community of Basic Credit Network.
> Hundreds of plastic cards have been distributed through public actions and
> art exhibitions:
> http://www.paolocirio.net/work/gift-finance/p2p_gift_credit_card.php
>
> It's just a matter of the number of cardholders and soon the money issued
> though the program Global Basic Credit will be able to be spent, replacing
> the worn out money that usually private banks monopolize. Don't hesitate,
> apply now for a P2P Gift Credit Card, a new economic dawn is coming:
> http://www.p2pgiftcredit.com
> If you already have a card, don’t forget to activate it.
>
> Art and Revolution are about creating new social realities through
> subverting present languages and mediums. Credit Cards and Finance
> Instruments are great, they allow us to create money out of nothing and
> distribute it very efficiently by softwares and devices. You are probably
> very furious in these days, but please don't damage cash machines and banks,
> we may still need them. Don't hate the media, become the media. Well, we all
> hate money, it is our worst obsessive hallucination, however we should take
> over it before it defeats us.
>
> There is available an informative document which outlines pivotal issues
> about the current scarcity of money as a fraud, the history and present
> creation of money, credit and interest origins and degeneracy, undemocratic
> and unethical consequences of unregulated financial capitalism and what we
> should do to fix it:
>
> http://www.paolocirio.net/press/PDF/Slides-P2PGiftCredit-CriticalFinance2011.pdf
> The sources of this document come from an in depth list of recent critical
> finance analysis:
> http://www.p2pgiftcredit.com/infoshop.php
>
> *
> Recapitulating P2P Gift Credit Cards:*
> - It's about creating money democratically through the technology of credit
> cards.
> - It's not an alternative currency; it's proper counterfeited virtual money
> (in British sterling).
>
> *Why this project:*
> - We need a new design for money.
> - We need to distribute this new money equally.
> - We need to control democratically the amount of money and inflation
> inside our communities.
> - We need to engage and inform people in this process through a viral
> attractive creation and regulation of our money.
>
> *The idea:*
> The project turns tools of the modern financial systems to fair use. Mainly
> the project exploits in a good way:
> - Financial instruments (the Fractional Reserve Banking).
> - Credit card infrastructures (the VISA networks).
> - Current currencies (the Pound Sterling).
> This is all for taking back issuing power from private financial industries
> and restoring it to the commons.
>
> *Killer features of the P2P Gift Credit Cards:*
> - Anyone can issue money by an email account or cell number. Special
> authorizations/devices/skills/power are not needed to issue money, which
> means that it’s a very democratic model.
> - The money issued is in a currency that is recognized by most of the
> world. And the credit card numbers are 
readable by present machines and
> platforms.
>
> *Potential new features of P2P Gift Credit Cards:*
> - New MasterCard and American Express editions of the P2P Gift Credit
> Cards.
> - A marketplace platform where the members of Global Basic Credit can
> sell/buy with their card numbers, as to wire money among the accounts.
> - Establishment peers limits for regulating the inflation inside the nodes
> of the networks of the communities.
> - Endorsement of the P2P architecture for enabling more connectivity
> through the peers.
>
>
> *P2P Gift Credit Cards in the media:*
>
> *"Sharing becomes the creator of value"*
> Libération - Credit revolver.
>
> *"Basic Credit Network, revolves around an intelligent analysis of the
> banking system and slightly tweaking this to reflect how public ownership of
> the banks could be distributed"*
> Art Critiqued - The Art of Selling and the Selling of Art.
>
> *"If we all get some, we’ll create a lending system outside the current,
> corrupt institutions of credit"*
> Animal New York - Peer-to-Peer Credit Cards Will Free You.
>
> *"It triggers a viral spread of wealth, creating an alternative credit
> that everyone can develop and manage by themselves"*
> Neural - Popular born credits.
>
> *
> P2P Gift Credit Card project will be part of Abandon Normal Devices
> festival in UK at end of September 2011.
> However before of that, I have other gigs coming up at:*
>
> Networked, Centro Fundación Telefónica, Lima - Peru
> File Festival, Sao Paulo - Brazil
> Genesis Project, Culture Push, residency, Brooklyn - U.S.
> Ars Electronica Festival, Origin, Linz - Austria
> ISEA 2011 Conference, lecture, Instanbul - Turkey
> User friendly society, Galerija Galženica, Velika Gorica - Croazia
> Rewire Conference, FACT, Liverpool - UK
>
> Thanks for the attention.
> Paolo Cirio.
> http://www.paolocirio.net
>
> <http://t.ymlp78.net/uanaqwyakawjacauem/click.php>
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