Penguin: Open Source Networking, Telecommunications Waking Up…

Advanced Cyber/IO, Autonomous Internet, Innovation, Knowledge, Money, Security, SmartPlanet, Software

Open Source Networking and a Vision of Fully Automated Networks

Transforming telecom

As an example of transformative change that is now underway, Joshipura pointed to the telecom industry. “For the past 137 years, we saw proprietary solutions,” he said. “But in the past several years, disaggregation has arrived, where hardware is separated from software. If you are a hardware engineer you build things like software developers do, with APIs and reusable modules.  In the telecom industry, all of this is helping to scale networking deployments in brand new, automated ways.”

Continue reading “Penguin: Open Source Networking, Telecommunications Waking Up…”

Sepp Hasslberger: Why Free Money Beats Bullshit Jobs

Economics/True Cost, Money
Sepp Hasslberger
Sepp Hasslberger

Eliminate the bullshit jobs and we’ll finally get some real, useful work done…

Why free money beats bullshit jobs

The universal basic income is an idea whose time has comeAnd, slowly but surely, it is converting members of the tech elite.

Phi Beta Iota: Buckminster Fuller was the first to say that most jobs are not worth the petrol used in their commute. Most jobs are a way of keeping the serfs occupied so they do not revolt and burn down the banks. The times, they are a’changing.

Daniel Araya: How BlockChain Will Change Everything

#OSE Open Source Everything, Data, Innovation, Money, P2P / Panarchy, Politics, Software
Daniel Araya
Daniel Araya

In proof we trust

Blockchain technology will revolutionise far more than money: it will change your life. Here’s how it actually works

by Dominic Frisby, Aeon.co

Phi Beta Iota: Single best overview on how blockchain impacts on 3.5 billion poor across all domains including democracy.

Michel Bauwens: Non-Capitalist (Peer to Peer) Techno-Utopianism

#OSE Open Source Everything, Money, P2P / Panarchy
Michel Bauwens
Michel Bauwens

Michel Bauwens — Other Non-Capitalist Techno-Utopianisms

Part 5 of Kevin Carson’s Techno-Utopianism, Counterfeit and Real

One of the most useful non-Marxist schools is the post-capitalist model of commons-based peer production, which inclues that of Michel Bauwens of the Foundation for Peer-to-Peer Alternatives.

Late capitalism, Bauwens writes (with Franco Iacomella), is beset by two main structural irrationalities: artificial abundance and artificial scarcity.

Continue reading “Michel Bauwens: Non-Capitalist (Peer to Peer) Techno-Utopianism”

Ty Simpson: Crytosecession & Taxation

Advanced Cyber/IO, Money
Ty Simpson
Ty Simpson

Cryptosecession and the limits of taxation

Cryptosecession is the use of cryptographic and blockchain-based technologies (e.g. Bitcoin, Ethereum, Bitnation) to economically secede from incumbent institutions—namely, the state. Jason is at the 2016 Public Choice Society conference at the moment, where he’ll be presenting a paper in which we show that the threat of cryptosecession exerts an even greater limitation on government over-taxation than fiscal federalism and political secession. Things aren’t altogether rosy, though, because this elicits a sort of ‘arms race’ between secessionists and the state. All depends on the ability to secede to the ‘crypto economy’, which in turn depends on the relative development of crypto technologies of opacity (or resistance) versus state technologies of legibility (or control). The paper can be viewed here and slides for the talk are here. Below is the abstract, and a couple of slides that sum up the argument:  Read more.

Jean Lievens: Finland’s Hugely Exciting Experiment in Basic Income, Explained

03 Economy, 11 Society, Money
Jean Lievens
Jean Lievens

Finland’s hugely exciting experiment in basic income, explained

The headlines are shocking: “Finland plans to pay everyone in the country $876 a month”; “Finland plans to give every citizen a basic income of 800 euros a month”; “Finland plans to give every citizen 800 euros a month and scrap benefits.”

The reality is a little less wild. Finland is definitely not close to paying “everyone in the country” or “every citizen” — not yet, anyway. What it is doing is weighing a proposal for a basic income: an approach to welfare in which residents would get a flat amount of money every month, regardless of how rich they are.  Read more.

Daniel Araya: The Promise of Bitcoin (and Blockchain) – An Interview with Andreas M. Antonopoulos

Data, Design, Governance, Innovation, Money
Daniel Araya
Daniel Araya

The Promise of Bitcoin: An Interview With Andreas M. Antonopoulos

My recent interview with Andreas M. Antonopoulos, information security expert and tech-entrepreneur, and the author of “Mastering Bitcoin”. 

EXTRACT:

2. Bitcoin is simultaneously a currency, a financial asset, and a technology protocol. Underlying bitcoin is the blockchain, a distributed public ledger. For people who are not intimately familiar with either bitcoin or blockchain, could you briefly explain what these technologies consist of?

The blockchain is a distributed database. The magic of bitcoin comes from sharing control over that distributed database through a consensus mechanism called “Proof of Work”. This ensures that no one is in control of bitcoin and that it operates based on predictable rules.

 

Robert James Beckett: Evgeny Morozov Calls Out Silicon Valley on Basic Income – Empty Words

Money, P2P / Panarchy
Robert James Beckett
Robert James Beckett

Silicon Valley talks a good game on ‘basic income’, but its words are empty

The radical idea of handing cash to citizens regardless of whether they work has taken root in Europe. Now America’s tech elite is backing the concept – but why?

Basic income, therefore, is often seen as the Trojan horse that would allow tech companies to position themselves as progressive, even caring – the good cop to Wall Street’s bad cop – while eliminating the hurdles that stand in the way of further expansion. Goodbye to all those cumbersome institutions of the welfare state, employment regulations that guarantee workers’ rights or subversive attempts to question the status quo with regards to the ownership of data or the infrastructure that produces it.

Antechinus: Spain activists, whistleblower creating digital pay system

Access, Economics/True Cost, Money, Politics
Antechinus
Antechinus

Spain activists, whistleblower creating digital pay system

The French whistleblower and Spanish anti-corruption activists who triggered an investigation of a former International Monetary Fund chief announced Thursday they are designing a digital payment system aimed at excluding middlemen companies that make money from online purchases. Herve Falciani and the Xnet group say their nonprofit, peer-to-peer payment system would work like PayPal on a local basis within European cities for citizen payments to participating businesses and governments.

UN Working Paper on Blockchain Empowerment of Global Communities

Money

UN Working Paper Explores How the Blockchain Can Empower Global Communities

A recent working paper released by the United Nations Research Institute for Social Development (UNRISD), titled “How Can Cryptocurrency and Blockchain Technology Play a Role in Building Social and Solidarity Finance?,” explores the potential of distributed ledgers to help create a global world order fairer and more sustainable than the current one, and wonders how blockchain technology can be harnessed for community empowerment and solidarity-based finance.

See Also:

The Heretic’s Guide to Global Finance: Hacking the Future of Money

Sepp Hasslberger: Silicon Valley Testing Basic Income

Economics/True Cost, Money
Sepp Hasslberger
Sepp Hasslberger

Basic Income is getting more and more serious consideration. Can’t have a society where work is the passport to life and then there is no work to be found…

Why a bunch of Silicon Valley investors are suddenly interested in universal basic income

Basic income is having a moment. First Finland announced it would launch an ambitious experiment to see if it would work to give everyone in a given area is given a set amount of cash every year from the government, no strings attached. Now the Silicon Valley seed investment firm Y Combinator has announced it wants to fund a basic income experiment in the US.1