[P2P-F] The (a)political economy of Bitcoin

[Kevin Carson]

By far the majority of digital currencies seem to be organized along
the lines of Thomas Greco's credit clearing networks -- that is,
they're not stores of value but rather simply denominators of the
value created by the exchange process itself. The idea is to
facilitate exchange between those who have no "money" in the sense of
stored value from past exchanges, so that even in a local economy with
"no money" in circulation, it's possible to exchange present against
future goods and services. Basically set up like a checking account
where you can run a limited negative balance.

On Sat, Jul 13, 2013 at 1:40 PM, Fabio Barone <holon.earth at gmail.com> wrote:
> Great article Vasilis,
>
> resumes in very concise manner what I have tried to express so many times.
> Now, I am thinking 5 years how about alternative currencies.
> I am also a software developer, and I believe that we should be able
> to use crypto-currencies for:
>
> "... Commons-oriented currency designed to serve effectively social
> purposes"
>
> So the question really is, how to design such a currency that:
> "Therefore, we, as commoners, conclude that what we need is a digital
> currency premised on a different political economy, one breaking the
> shackles of capitalist opportunism and ushering in a new era of economical
> transaction based on the finer aspects of the human spirit."
>
> I completely agree, and the answer is not technological, but one of design.
> Any idea how such digital currency could look like?
>
>
>
>
> 2013/7/13 olivier auber <olivierauber2 at gmail.com>
>>
>> Well done Vasilis! I mentionned your article in a comment on KurzweilAI.
>>
>>
>> http://www.kurzweilai.net/jobocalypse-the-end-of-human-jobs-and-how-robots-will-replace-them
>>
>> hope that Kurweil & Co will not uderstand that we need a Google money ;-)
>>
>> Olivier Auber
>> http://poietic-generator.net
>> http://twitter.com/#!/OlivierAuber
>>
>>
>> On Fri, Jul 12, 2013 at 9:26 PM, Vasilis Kostakis <kostakis.b at gmail.com>
>> wrote:
>> > fyi:
>> >
>> > http://blog.p2pfoundation.net/the-apolitical-economy-of-bitcoin/2013/07/11
>> >
>> > --
>> > MailScanner has detected a possible fraud attempt from
>> > "p2pfoundation.net"
>> > claiming to be kostakis.org
>> >
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>>
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-- 
Kevin Carson
Senior Fellow, Karl Hess Scholar in Social Theory
Center for a Stateless Society http://c4ss.org

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