[P2P-F] Fwd: New bibo currency site
Marc Gauvin
marc at icseg.org
Tue Oct 18 12:28:41 CEST 2011
Sorry, this is a reviewed repeat, Until my regular computer is repaired, I am using a temporary computer with small keyboard and scree.
----- Mensaje Original -----
El 08:03 AM 10/18/2011 Marc Gauvin escribio:
> No doubt that many mutual credit systems are made up of BIBO currency
> transactions.
>
> Our proposal formalises BIBO Currency into an explicit standard taking
> several normative aspects into consideration. Also, rather more than
> being a rstionale for alternative currencies, it is a specification that
> responds to the "Formal
Stability
Analysis
of
Common Lending
> Practices
and
Consequences
of
Chronic
Currency
Devaluation"
> satisfying the requirements (see corollaries at:
> http://bibocurrency.org/English/standard.htm) for a stable currency.
>
> The utility is that otherwise independent implementations can
> interoperate without loss of autonomy at the local level and with no
> meta governance.
>
> Finally, the purpose is also to demystify money in general and show how
> to prove that stability in money is trivial. The grand fallacy is that
> money is complicated because the economy and human nature are
> complicated, which is paramount to saying that units of measure as
> instruments, need to reflect the complexity of what they measure, which
> is absurd. Once demystified, stability and money understood, then it
> becomes obvious that with the correct technical specification, providing
> liquidity to all for any transaction and at any time in a stable and
> trustworthy manner is not only doable it is trivisl. See:
> http://bibocurrency.org/English/stable%20money.htm ).
>
> What the world needs is a source of unlimited stable liquidity to
> support any commerce at and between any level without bias to any agent.
> This means money is no longer a source of systematic instability.
> Denying such is a crime against humanity.
>
> Best,
>
> Marc
>
> ----- Mensaje Original -----
> El 08:26 AM 10/17/2011 Michel Bauwens escribio:
> > Marc
> >
> > a question about BIBO ... fyi ..
> >
> > On Mon, Oct 17, 2011 at 6:41 AM, Dante-Gabryell Monson <
> > dante.monson at gmail.com> wrote:
> >
> > > hmm, at first glance,
> > > on
> > > http://www.bibocurrency.org/English/standard.htm
> > >
> > > I do not understand how this differs from a mutual credit
> > architecture...
> > > or is it the same as a mutual credit ?
> > > ( http://p2pfoundation.net/Mutual_Credit )
> > >
> > > for which there are tools such as
> > > http://drupal.org/project/mutual_credit
> > >
> > > On Sun, Oct 16, 2011 at 7:29 PM, Michel Bauwens
> > <michel at p2pfoundation.net>wrote:
> > >
> > >>
> > >>
> > >> ---------- Forwarded message ----------
> > >> From: Marc Gauvin <marc at icseg.org>
> > >> Date: Wed, Sep 28, 2011 at 12:06 AM
> > >> Subject: New bibo currency site
> > >> To: Michel Bauwens <michel at p2pfoundation.net>
> > >>
> > >>
> > >> Hi Michel,
> > >>
> > >> Just letting you know that we have a new web at
> www.bibocurrency.org.
> >
> > >> Please take a look and all comments are welcome.
> > >>
> > >> Best regards,
> > >>
> > >> Marc
> > >>
> > >>
> > >>
> > >>
> > >> --
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