Money is a medium of exchange, a measure of value, a standard of deferred payment and a store of value.
A measure or a store of value means also a measure or a store of information.
People all around the world are brainstorming about the future of money: the financial system is dead, let us organise a new system, more sustainable, fair, not speculative…endly not capitalist.
Behind these discussions, two ideas are rising up:
1- Market is conversation: the conversation is possible with internet, the value of each exchange could be the result of these conversations. The global market could become a peer to peer conversation.
2- Exchange requires trust: internet is building trust on community information. The world financial system could turn up to social community financial system.
No doubt that States and population who are not involved in the “webosphere”, will be reluctant to such a drastic change.
All is about trust: are you confident in Banks, States, Big companies today?
All the twits from several countries about this issue