Michael Linton - pshifting money

  • phase shift
  • paradigm shift
  • pshift happens
    • in its own good time
    • whether we like it or not
    • sometimes you see it coming
  • When you change the way you look at things, the things you look at change. - Max Planck
  • logs -> wheels
  • material & mass -> function
  • financial industry hasn’t moved past logs
  • the general condition
    • it comes, it goes
    • when it’s gone, it’s gone
    • it doesn’t come back
  • trickling down, pouring away
  • in a closed network
    • large or small
    • measure in any unit
    • rules as agreed
  • paying it
    • off (out)
    • back (stop)
    • forward (away)
    • round (round)
  • quasi-tribal economy
  • if 1 tribe, why not 2, 3, 4 …
  • neo-tribalists do it with requisite variety
  • distributed
  • open code (of course)
  • open standards
  • community currencies (cc)
    • not replacements or alternatives
    • used with, not instead of $
    • tax accountable, where tax applies
    • open, not public
    • not in competition with anything
    • not impeded or in conflict
    • business friendly
    • persistent loyalty
    • income not discount
    • SMB advantage over LB, XLB & XXLB
  • markets are conversations, money is the medium
  • conventional money carries one way, open money carries in others
  • open money is to normal as a laser is to a flashlight
  • Structure of Scientific Revolutions - Thomas Kuhn
    • perception is reality
    • no persistent local success
    • no software to reach long tail
  • identities name accounts
  • names grouped in domains, recursive to n levels
  • open money ontology
    • accounts
    • currencies
    • flows
    • contexts
    • mesh of linked URIs
  • rubyom.openmoney.info
    • cloud of records
    • cloud of knowing
  • where it matters
    • food security - 100 mile diet
    • co2 accounting
    • 3rd world development
    • funding open networks
  • variety to match the challenges
  • omdg - open money development group
    • virtual corporate
    • would work faster with support
    • contributions are welcome
  • money is virtual, start designing it as if it were
  • money is the social network, but the network sucks

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