hi,<br><br>I don't think the ows provisioning is sustainable in the long run, but it's nevertheless a prefigurative example of citizens deciding on provisioning, which is what I wanted to highlight.<br><br>competition is fine to me, and seems really a part of human nature, but I believe it should be embedded in a broader system of cooperation, and not the primary social logic.<br>
<br><div class="gmail_quote">On Thu, Dec 8, 2011 at 5:04 AM, FC Fisher <span dir="ltr"><<a href="mailto:fcfisher@fcfisher.com">fcfisher@fcfisher.com</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin: 0pt 0pt 0pt 0.8ex; border-left: 1px solid rgb(204, 204, 204); padding-left: 1ex;">
Michel, regarding your comment "my own take is that a peer to peer economy reverses the equilibrium between�competition and cooperation."<br><br>I am not convinced that the ows method of provisioning is sustainable or extensible, but I want to address the idea of competition.<br>
<br>I do not think competition is the problem. �I think competition along a single�dimension�(money) is. �Goods and services should be able to compete along all dimensions of quality, put price must be removed from the equation to make this meaningful competition.<br>
<br>I think the equilibrium we should seek is between centralization and decentralization. �A centralized economy, such as one that�operates�on a centrally controlled currency, has a bias toward centralizing, or the accumulation of wealth. �A decentralized, or p2p economy would have a bias toward distribution of value (wealth).<br>
<br>I would define a p2p economy as the exchange of goods or services for goods or services or the verifiable promise of goods or services at subjective rates agreeable to all parties independent of a centralized currency or centralized authority.<br>
<br>Technical feasibility discussions aside, an exchange supporting a p2p economy would need to facilitate a multi-way exchange of subjective value without conversion to a central currency or any requirement of a central authority or central exchange.� This multi-way exchange barter system would more closely resemble pre-currency economies, but could use technology to be even more efficient and reliable than centralized currency exchanges (e.g. retail stores, banks, and stock markets).<br>
<br>So in terms of competition in this p2p economy, every producer competes on all the dimensions that potential consumers value, and does not compete on cost. � I think this is a potentially very sustainable and extensible model.<br>
<br>Coexisting centralized and distributed economies have a lot of very interesting possibilities.<br><br><br>
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