collective mattThu, Feb 11, 2010 I have a lot to add on this subject. I feel that decentralized, safe, encrypted digital economies will be of paramount importance to the survival of mankind. Here are some thoughts I have gotten down, but they are still somewhat disorganized. I have much more material to add, but I’m still organizing and still writing much of it. I’m planning several more posts here on this subject.
What I still think most important is a system that is representative of both perfect personal freedom aka socialism AND perfect economic freedom aka capitalism (the right to choose how to work and spend.) This must be done while avoiding authoritarianism (a system which is both not economically free and/or not socially free.)
Chaotic yet Ordered
Distributed yet Encrypted
Is the answer bitcoin / anonymous p2p banking?
“In order for the collective to manifest, decision making must be done in an honest yet anonymous manner, how can we signify this relationship, the capitalistic view, of total individual freedom, freedom to have maximum decision making power in our government to every person, including the right to anonymously create bills, comment on bills, vote for or against bills, bills are usually voted for or against based on personal interests, all votes or ongoing and continuously accumulate. The people should own the shops aka the means of production, not the government (authoritarian socialism), and not the corporations/bankers (power centered capitalism) the economy must be based on a secure, digital, distributed money/value system. Bitcoin works well because it allows an economy to grow as new bitcoins are generated without using a concentration of power (capital) to fuel the growth. This new system will allow capital or modes of production votes to be concentrated in a natural manner out of an originally distributed state. This is how the real economy works. Value is created in the production of goods. Money is then used to allow secure (fair) trade between users. P2P banking allows this by using encryption as the means of security. Real money is secured by the federal government with laws against counterfeiting. Digital money is secured though encryption, and the public tracking of transactions. Transactions are currently controlled by computers in banks. Now the records can be kept in a distributed network in the form of a continuously generated hash string.
The internet and especially distributed p2p technologies and software are allowing capitalism to reach its truest form in online P2P banking. The economy will truly be in the hands of the people and will be able to take on true Marxist anarchistic and capitalistic values in a true form that doesn’t concentrate power in the authoritarian, and still allows humans to "vote" on the future of humanity by investing in value and trading that value to others to create even more value, this is the true purpose for the collective civilized lifestyle, the true universaltopia, each and every person promised total economic freedom, without inhibiting the rights of all others to do the same. Live freely and do as one truly pleases, live and let live. And help others withhold these principals as well. The free creation of information is what it's all about. As the real economy transitions more and more to digital goods, this will be truer than ever.”
Note: please see the synapse "Encrypted p2p Currency" by dmitri.
I have a lot to add on this subject. I feel that decentralized, safe, encrypted digital economies will be of paramount importance to the survival of mankind. Here are some thoughts I have gotten down, but they are still somewhat disorganized. I have much more material to add, but I’m still organizing and still writing much of it. I’m planning several more posts here on this subject.
What I still think most important is a system that is representative of both perfect personal freedom aka socialism AND perfect economic freedom aka capitalism (the right to choose how to work and spend.) This must be done while avoiding authoritarianism (a system which is both not economically free and/or not socially free.)
Chaotic yet Ordered
Distributed yet Encrypted
Is the answer bitcoin / anonymous p2p banking?
Note: please see the synapse "Encrypted p2p Currency" by dmitri.