Open Money or Dream Money?

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?

More links:
http://lets.net
http://www.gmlets.u-net.com/explore/
http://www.letsystem.org/
http://openmoney.org
http://openmoney.editme.com
http://blogtalkradio.com/openmoney
http://openmoney.info
http://www.monbiot.com/archives/2009/01/20/a-better-way-to-make-money/
http://www.lietaer.com/
http://wiki.thetransitioner.org/English
All the twits from several countries about this issue

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Apr 10, 2009

Russ Nelson said...

Lots of people misunderstand money. Money is a thing, that people can own more or less of, which people will always accept in trade. Once you understand that, then you see that there is no reason why a government should have a monopoly over money.

Apr 11, 2009

Isabelle Ayel said...

Sure. Lot of misunderstanding and ideological view about money. For example: money is bad, money is the main cause of the crisis, money is responsible of underdevelopment etc...We need to be aware of the temptation to throw the baby out with the bath water. But let's go on to find something which would match better with the revolution of Information (in opposition to the industrial revolution)

Coups de coeur dans les nuages