Thanks Apostolis.<div><br></div><div>Yes, the tool you shared can be useful to me !</div><div><a href="http://valnet.webfactional.com/">http://valnet.webfactional.com/</a><br><div><br></div><div>as for the rest :</div><div>
<br></div><div>Its really interesting to approach the various notions of capital. ( Thanks Michel for bringing up the topic )</div><div><br></div><div>It would be interesting to see / express the different forms of ( dominant ) capital in the form of a license. See it as such. </div>
<div><br></div><div>a few more pieces of a puzzle in attempts at understanding a larger picture , and give an example in the direction heaing in the direction of an open capital license ? :</div><div><br></div><div>Which are the forms of capital that derive solely from contracts ?</div>
<div>Or are they all some form of another of contract ( in relation to our approach to our own health ? )</div><div><br></div><div>Can we break them down, into granular descriptions, and understand how they are constructed / related ?</div>
<div><br></div><div>When understanding the more granular / monadic aspects of such contracts which may create or preserve capital</div><div>( including for example engagements to preserve ecosystems as commons , as a form of capital ? )</div>
<div>how could we enable such "open capital license" ?</div><div><br></div><div>...</div><div><br></div><div>Some years ago, I tried to imagine how we could apply this to monetary tokens. Which I essentially see as metadata, created through a debt contract.</div>
<div><br></div><div>Money in itself seems to be only one type of capital. Yet one which seems to be rather central in our attention span / preoccupations ?</div><div><br></div><div>I tried to understand what the "awareness" was of current money, and noticed somehow that it was, in my own interpretation, not only debt based, but in some kind of "addicted" awareness, as interest on monetary creation through debt / credit seemed to lead to a need to more credit creation to expand the monetary mass. I also noticed that certain individuals or entities within a system may have a privileged access to credit creation, or even simply a privileged position in terms of a transfer of such type of money through profits... or a combination of both, in itself creating artificial scarcity of such tokens for a majority of the population, and abundance for a small minority, who could hoard it from the real economy , including in the form of a speculative economy in which such monetary mass could be expanded, while reducing monetary flows in some "real economy" of transactions between people, limiting inflation ( ? ) , and using such approach to proportionally increase the power of a small minority over a majority of individuals , when most have become dependent on a monopolistic globalised monetary architecture to access interdependencies , value creation, resources... </div>
<div><br></div><div>Hence, I perceive it as a hierarchical coercive system.</div><div><br></div><div>How to reverse such "awareness" ?</div><div><br></div><div>I feel like building on Michel's initial question - regarding a license.</div>
<div><br></div><div>I imagine that an intentional license , related to such metadata, could serve as a filter for the usage of such tokens.</div><div><br></div><div>Better still, it may not need to be exchangeable tokens. </div>
<div><br></div><div>It could simply be metadata, created out of a variety of transactions.</div><div><br></div><div>This is where the netention idea , and linked data protocols, enter in the equation.</div><div><br></div>
<div>Within such kind of contextualized metadata information systems, there may be the potential to include the current mainstream debt based financial system,</div><div>but also the possibilities to circumvent undesired consequences by reducing dependencies on such debt based system, and routing around some of its effects. For example, encouraging investments of hoarded surplus profits, into contributive p2p production infrastructures, yet defining conditions of such investment into , for example, access to use value derived from such infrastructure, hence a variety of metadata related to such production and transactions related to such production, yet not requiring to guarantee property as collateral to a repayment of such debt tokens plus interest,</div>
<div><br></div><div>gradually investing into production infrastructures which can become less dependent on the conditions ( the license ? ) of the current monetary system, </div><div>when interconnected through the intentional conditions ( as metadata of transactions engaged in ) defined within a larger, more complex information system for transactions then one limited to one specific monopolistic currency.</div>
<div><br></div><div>It could remain open to a variety of forms of capital ( hence equipotential ? ), while each peer could choose of the transactions it wished to endorse and engage in... creating an emergent environment ? And , hopefully, depending on if it is a open license, copy contextual data and creates forks...</div>
<div><br></div><div><div>ps : got mixed up in last mail, stated that you asked the question, while it was Michel <div><br></div><div><br></div><div><br><div class="gmail_quote">On Mon, Feb 4, 2013 at 4:59 PM, Apostolis Xekoukoulotakis <span dir="ltr"><<a href="mailto:xekoukou@gmail.com" target="_blank">xekoukou@gmail.com</a>></span> wrote:<br>
<blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">@flawer<div><br></div><div>The problem with the definition that all new money/value needs to be spend for more projects that are "shareful" is that it doesnt account for the lending of value/money. That is the main mechanism with </div>
<div>which a bank makes money. Someone want to start a business, shareful or not, the bank gives money and in exchange it wants more money in the future.</div><div>So although the bank doesnt interfere in the business structure, it is able to extract wealth because it can do these things:</div>
<div><br></div><div>a) it decides whether the tools for the project are created and by whom they are used.</div><div>b) they decide the price of those tools( through lending).</div><div><br></div><div>After this analysis, we see that a bank does decide what the economy produces. In general, the owner of money controls the economy because of those 2 reasons.</div>
<div><br></div><div>Any ruleset thus has to find a way to remove those abilities from money.</div><div><br></div><div>@Dante </div><div><br></div><div>Maybe you should look at something like this: <a href="http://valnet.webfactional.com/accounting/network/24/" target="_blank">http://valnet.webfactional.com/accounting/network/24/</a> .</div>
<div>Semantic graphs are very difficult to work with. No doubt, they are at a stand still for so many years.</div><div><br></div><div>@Michel . I have read few of them.I dont have much time unfortunately. Almost all try to create new value flows and thus break the chains of people from the the central monetary system. </div>
<div>So this is what I call a BSD license style effort.</div><div>In other words, if someone finds it more profitable, he switches back to the old system.</div><div><br></div><div>@all </div><div>I am working on a ruleset myself, but my main point here is that as new value flows emerge,we are of dire need of a ruleset as a guide for future efforts.</div>
<div><div>In contrast, the creation of peer property through peer production has been analyzed thoroughly. </div><div>We need a good definition of the creation of private property through peer production, ie through non-exclusion.</div>
<div><br></div><div>Value networks, specifically need such a definition.</div><div><div class="h5"><div><br></div><div><br><div class="gmail_quote">2013/2/4 Dante-Gabryell Monson <span dir="ltr"><<a href="mailto:dante.monson@gmail.com" target="_blank">dante.monson@gmail.com</a>></span><br>
<blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">I wish to briefly add a point of view in response to Apostolis question :<div><br></div><div>Beyond more distributed forms of tokenization - token creation, token exchange,... - , beyond the use of debt itself as a token,</div>
<div><br></div><div>I personally look forward to using the lowering of contextualization thresholds to facilitate the creation of new markets / information systems , new thresholds for granular and modular combinations of engagement,</div>
<div>which can be intentionally based, and in which reputation can potentially play a role as non-tradable ( social ) capital, whilst enabling other properties I identify as p2p, such as <a href="http://p2pfoundation.net/Equipotentiality" target="_blank">equipotentialit</a>y.</div>
<div><br></div><div>An attempt as such social contract and resource allocation information system described , for example, via this <a href="https://docs.google.com/file/d/0ByfmjEDwh_feV1hsX1o1OVFXTlE/preview" target="_blank">netention presentation</a> ( made by Seth )</div>
<div><br></div><div>and a early prototype </div><div><br></div><div><a href="http://er.netention.org/" target="_blank">http://er.netention.org/</a></div><div><br></div><div>note : it does not yet have the functionalities described above, but its architecture enables it through its further development, by importing for example various ontologies - rdf schema, etc - ... ) <br>
<div><div><br><div class="gmail_quote"><div><div>On Mon, Feb 4, 2013 at 12:15 PM, Michel Bauwens <span dir="ltr"><<a href="mailto:michel@p2pfoundation.net" target="_blank">michel@p2pfoundation.net</a>></span> wrote:<br>
</div></div><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><div><div>
<div>hi Apostolis,</div><div><br></div><div>probably not related but chris cook uses the concept of <a href="http://p2pfoundation.net/Open_Capital" target="_blank">http://p2pfoundation.net/Open_Capital</a> (more via <a href="http://p2pfoundation.net/Category:OpenCapital" target="_blank">http://p2pfoundation.net/Category:OpenCapital</a>)</div>
<div><br></div><div>my material on money is here <a href="http://p2pfoundation.net/Category:Money" target="_blank">http://p2pfoundation.net/Category:Money</a> and the material on licenses is here <a href="http://p2pfoundation.net/Category:Licensing" target="_blank">http://p2pfoundation.net/Category:Licensing</a></div>
<div><br></div><div>a list of open currency related concepts:</div><div><br></div><div><br></div><div><ul style="line-height:19.196428298950195px;list-style-type:square;font-size:12.571428298950195px;font-family:Ubuntu,'Lucida Grande',Verdana,Arial,sans-serif;margin:0.3em 0px 0.5em 1.6em;padding:0px">
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_Bank_Project" title="Open Bank Project" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Bank Project</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_Book_Management" title="Open Book Management" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Book Management</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_Capital" title="Open Capital" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Capital</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_Currency" title="Open Currency" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Currency</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_Data_Currencies" title="Open Data Currencies" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Data Currencies</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_Fair_Credit_Standard" title="Open Fair Credit Standard" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Fair Credit Standard</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_Hardware_Microcredit" title="Open Hardware Microcredit" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Hardware Microcredit</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_Identity_Currencies" title="Open Identity Currencies" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Identity Currencies</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_Money" title="Open Money" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Money</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_Money_as_a_Commons" title="Open Money as a Commons" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Money as a Commons</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_Money_Bibliography" title="Open Money Bibliography" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Money Bibliography</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_Money_Blogtalk_Radio" title="Open Money Blogtalk Radio" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Money Blogtalk Radio</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_Money_Manifesto" title="Open Money Manifesto" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Money Manifesto</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_Money_Project" title="Open Money Project" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Money Project</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_Patent_Alliance" title="Open Patent Alliance" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Patent Alliance</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_Rules_Currencies" title="Open Rules Currencies" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Rules Currencies</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_Source_Bounties" title="Open Source Bounties" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Source Bounties</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_Source_Core_Banking" title="Open Source Core Banking" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Source Core Banking</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_Source_Credit_Rating_Agency" title="Open Source Credit Rating Agency" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Source Credit Rating Agency</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_Source_Currency" title="Open Source Currency" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Source Currency</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_Source_Finance_Meetup_Group" title="Open Source Finance Meetup Group" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Source Finance Meetup Group</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_Source_Financial_Transactions_Processing" title="Open Source Financial Transactions Processing" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Source Financial Transactions Processing</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_Source_Hardware_Bank" title="Open Source Hardware Bank" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Source Hardware Bank</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_Source_Hardware_Reserve_Bank" title="Open Source Hardware Reserve Bank" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Source Hardware Reserve Bank</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_Source_I-Bills" title="Open Source I-Bills" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Source I-Bills</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_Source_Ratings_Are_Needed_To_Break_the_Ratings_Agency_Oligopoly" title="Open Source Ratings Are Needed To Break the Ratings Agency Oligopoly" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Source Ratings Are Needed To Break the Ratings Agency Oligopoly</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_Source_Voucher_Payment_Project" title="Open Source Voucher Payment Project" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Source Voucher Payment Project</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_Transact" title="Open Transact" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Transact</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_Transactions" title="Open Transactions" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Transactions</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_Transport_Currencies" title="Open Transport Currencies" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Transport Currencies</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/Open_UDC" title="Open UDC" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open UDC</a></li>
<li style="margin-bottom:0.1em">
<a href="http://p2pfoundation.net/Open_Wallet" title="Open Wallet" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Wallet</a></li><li style="margin-bottom:0.1em">
<a href="http://p2pfoundation.net/Open_Xchange" title="Open Xchange" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open Xchange</a></li><li style="margin-bottom:0.1em">
<a href="http://p2pfoundation.net/Open-Universal_Digital_Currency_Project" title="Open-Universal Digital Currency Project" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Open-Universal Digital Currency Project</a></li>
<li style="margin-bottom:0.1em"><a href="http://p2pfoundation.net/OpenCoin" title="OpenCoin" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">OpenCoin</a></li>
<li style="margin-bottom:0.1em">
<a href="http://p2pfoundation.net/Opensocial_Virtual_Currency_API_Proposal" title="Opensocial Virtual Currency API Proposal" style="text-decoration:initial;color:rgb(11,0,128);background-image:none;background-repeat:initial initial" target="_blank">Opensocial Virtual Currency API Proposal</a></li>
</ul></div>
<div><br></div><div><br></div><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif"><span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">Message: 1</span><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">Date: Mon, 4 Feb 2013 11:32:08 +0200</span><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">From: Apostolis Xekoukoulotakis <</span><a href="mailto:xekoukou@gmail.com" style="color:rgb(17,85,204);font-size:12.571428298950195px;font-family:arial,sans-serif" target="_blank">xekoukou@gmail.com</a><span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">></span><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">Subject: [P2P-F] open capital License?</span><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">To: P2P Foundation mailing list <</span><a href="mailto:p2p-foundation@lists.ourproject.org" style="color:rgb(17,85,204);font-size:12.571428298950195px;font-family:arial,sans-serif" target="_blank">p2p-foundation@lists.ourproject.org</a><span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">></span><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">Message-ID:</span><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif"> <</span><a href="mailto:CAOX4E5HhTj7sT-C1g0BTc-nkoEoyMYAJ%2Bq1%2Bj%2B9Vm_GPWdnWTA@mail.gmail.com" style="color:rgb(17,85,204);font-size:12.571428298950195px;font-family:arial,sans-serif" target="_blank">CAOX4E5HhTj7sT-C1g0BTc-nkoEoyMYAJ+q1+j+9Vm_GPWdnWTA@mail.gmail.com</a><span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">></span><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">Content-Type: text/plain; charset="iso-8859-1"</span><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif"><span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">If we define the open paradigm as the one's right to access information or</span><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">resources, then what is the equivalent ,to GPL, license when it comes to</span><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">resources and especially capital(infrastructure)?</span><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif"><span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">(When it comes to capital, open access can be a bit more restrictive, ie</span><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">allowing only the consumers and producers to have access )</span><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif"><span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">The gpl license prohibits that subsequent releases of the code as</span><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">closed-source. This is a protection mechanism that needs to be used for</span><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">capital as well.</span><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif"><span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">Here capital is not an idea, but a material thing that either exists now or</span><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">we have a promise for its existence in the future(money).</span><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif"><span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">Has anyone defined a license or a set of rules that need to apply to money</span><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">and the existent capital so as to be called open capital?</span><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif"><span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">I think that we are lucking a good rule set when it comes to money.</span><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">As I have said in this list many times before, inequalities can arise even</span><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">in an environment where all knowledge is open source and all resources are</span><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">peer governed</span><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif"> simply because we have small differences in abilities and thus a</span><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">difference in accumulated value(money) which if it reaches critical mass</span><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">could lead again to big inequalities(since money create money).</span><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif"><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">--</span><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif"><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">Sincerely yours,</span><br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif">
<br style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif"><span style="color:rgb(34,34,34);font-size:12.571428298950195px;font-family:arial,sans-serif"> Apostolis Xekoukoulotakis</span><span><font color="#888888"><br clear="all">
<div><br></div>-- <br>P2P Foundation: <a href="http://p2pfoundation.net" target="_blank">http://p2pfoundation.net</a> - <a href="http://blog.p2pfoundation.net" target="_blank">http://blog.p2pfoundation.net</a> <br><br><a href="http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation" target="_blank"></a>Updates: <a href="http://twitter.com/mbauwens" target="_blank">http://twitter.com/mbauwens</a>; <a href="http://www.facebook.com/mbauwens" target="_blank">http://www.facebook.com/mbauwens</a><br>
<br>#82 on the (En)Rich list: <a href="http://enrichlist.org/the-complete-list/" target="_blank">http://enrichlist.org/the-complete-list/</a> <br>
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<br></blockquote></div><br></div></div></div>
<br>_______________________________________________<br>
P2P Foundation - Mailing list<br>
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<a href="https://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation" target="_blank">https://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation</a><br>
<br></blockquote></div><br><br clear="all"><div><br></div>-- <br><span style="font-family:arial,sans-serif;font-size:13px;border-collapse:collapse"><pre style="white-space:pre-wrap"><br></pre><pre style="white-space:pre-wrap">
Sincerely yours, </pre><pre style="white-space:pre-wrap"> Apostolis Xekoukoulotakis</pre></span>
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