Talk: Towards Money as a Common: The Digital-Coin Rule for a Free Society
The Future of Money- Day
- Saturday 12th of November, 2011
- Start
- 16:15
- End
- 17:00
- Duration
- 0:45:00
- Room
- 4
by Marco Sachy
The issue around the taboo of money is central in present critical economic times. We are in a situation where the incapacity to re-define how we deal with money could resolve in an a severe damage to society as we commonly refer to it: contrary to what happens with information systems, there are no backups with money systems. Since the Internet revolution - and also as parts of national communities - we are almost unconsciously using national currencies. We either agree to pay with or are obliged to acquire something, which is not – by law – our own property; simultaneously, we are migrating on-line towards the hyper-centralized and exclusively debt-based cashless society, whose collateral are the very citizens animating it. The provocative thesis about the Digital-Coin Rule for a Free Society takes the pace from philosophy of economics and technology both applied to draw the lines of the juridical innovation via direct vote of a bottom-up self-regulating P2P G/Local multi-currency system. As a result, central banking, the financial system and conventional politics would lose strategic monopolistic power while the Multitude fabricating society will experience money - more desirably - as a common: a decentralized and horizontally accessible monetary system, inherently cheaper to run and structurally more resilient than the present one.
Concurrent events:
- 16:15 - 17:00 Talk: Catch them early - Free Software in education
- 16:15 - 17:00 Talk: Arduino
- 16:15 - 17:00 Talk: Developing applications for GNOME
Next (up to 3) talks in the same room (4):
- 17:15 - 18:00 Talk: Privacy or welfare - pick one: Cryptocurrencies, taxation, and the legibility of culture
Events that start after this one (within 30 minutes):
- 17:15 - 18:00 Talk: Plasma Active: A Truly Open system for a wide spectrum of Devices
- 17:15 - 18:00 Talk: Workshop: Hands-on decentralization with PageKite
- 17:15 - 18:00 Talk: SPDY: An experimental protocol for a faster web
- 17:15 - 18:00 Talk: Privacy or welfare - pick one: Cryptocurrencies, taxation, and the legibility of culture