|What Kind of Money do We Want? (English | Portuguese | Chinese)
A guide to understanding how money works and how new technologies can help us build an abundant society
Published on February 9th 2017
Money is one of the most commonly spoken words: everyone talks about money and spends much of their lives struggling for it. But what is money? How is it made? Does it need to be scarce? What is the function of money? Has it fulfilled this function? What is the relationship between money, corruption, wars, environmental degradation, competitiveness and extreme social inequality?
This text responds simply and directly to each of these questions and offers us a solution that can only be realized nowadays, with the new technologies of the peer-to-peer network and the cryptography.
Note 1: This text is derived from the Trustless Mutual Credit paper.
Note 2: This text can be printed normally or as an A5 booklet if your printer supports it.
|Trustless Mutual Credit (English | Portuguese)
Published on January 17th 2017
In this short paper I'll describe the general forms that money takes, and the different roles it plays in society. I'll cover the main problems with our current form of money, and why it's so hard for better solutions to gain any real traction. I'll explain what Bitcoin is, and how the technology behind it offers a means by which these solutions could begin to thrive.
This paper is not an attempt to define a specific functional mechanism, it's an organised collection of the relevant concepts for sharing the idea and to assist with further work on it.
Work in progress
The focus of this article is to define a decentralised offline-first organisational infrastructure modelled on the holarchy concept. Organisations operating within it become part of a harmonious whole in their governance and economic activities.