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Trustless Mutual Credit
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.
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Group decision-making
Work in progress
This paper is another organised collection of concepts to assist with work on the next paper.
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The Libre Society Foundation Ontology
Work in progress
The focus of this paper is to define a decentralised trustless organisational infrastructure that's resilient against hostility and corruption. Organisations using it have the option to operate with true privacy and to be part of a harmonious whole in their governance and economic activities.
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The Libre Society
Work in progress
This will be a book available for free in PDF format as well as in paperback format for a nominal price. Its purpose is to explain "The Libre Society Foundation Ontology" in layman’s terms including all the necessary related technical and historical concepts. This is more of a long term project, but is already well under way.
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Which money do we want? A guide to understand how money works and how the new technologies can help us build a thriving society.
Description: 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.
P.S.: this text is a short version derived from the paper “Trustless mutual credit”. It is formated to be printed as a booklet.
License
This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License.
You are free to copy and redistribute this work in any medium or format provided it is not modified, given appropriate credit and is not used commercially.