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

Sun Jul 14 15:53:06 CEST 2013

*"Any idea how such digital currency could look like?"*

yes, my answer to this :
contextualizations as currencies. ( including past, present, and suggested
futures )

in effect, creating a resource allocation and emergent governance system
combined with choices as for engagements into intentional economic networks
( that is, graphs with past, present, and suggested inter-dependencies ).

A currency is a "medium of exchange" (
https://en.wikipedia.org/wiki/Currency )

Contextualizations can serve as mediums of exchange, when it enables
participating agents ( artificial or biological forms of intelligence )

to choose where to engage their attention and resources, or where to
receive attention or resources to resolve current or projected needs.

It can also do so for systemic needs that can become more apparent as data
and metadata start building up in such emergent graphs.

I wish to use REA ontology as a starting point to deconstruct current
transactions and social contracts ( with a variety of metadata )

http://en.wikipedia.org/wiki/Resources,_events,_agents_(accounting_model)

One can for example deconstruct and visualize what we currently call money
( fiat IOU's issued with interest by a centralized corporate banking
network ), and compare it with a variety of other contracts. ( which in
effect become social contracts when they become more generally accepted /
legitimized )

I wish to use Netention as a way of contextualizing such deconstructed data
and metadata, accross all types of contracts, and to visualize the re-use
for non-linear transactions of such metadata creation ( I see credit as
metadata used in non linear transactions )

https://github.com/automenta/netentionjs2

I personally believe that increased transparency regarding such
interdependencies, and the reputation effects it has in relation to active
agents, becomes the new currency.

On Sat, Jul 13, 2013 at 8:40 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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