This is a thought provoking history on currency, credit and our economic system… from a coder’s perspective…
http://www.boingboing.net/2008/09/23/what-went-wrong.html
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Open Source Money?1 comment to Open Source Money? |
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Copyright © 2012 Tom Bennett Web Strategist - All Rights Reserved |
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You could not have picked a more perfect time to introduce (or digg) this concept. Frankly the currencies in use are based on faith and the valuations they provide – they depend on everything from supply and demand, interest rates, economic activities, prosperity (or lack thereof), and purchasing power.
Now introducing a concept of Open Source Money at a time when the financial system is peering over the ledge is an interesting concept. Open Source tips the balance and away from those with (too much) power to a more egalitarian or utopian society.