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

Neil Peters: CrowdBucks Overview

Money
Neil Peters
Neil Peters

The idea behind our “social” currency concept is simple; the banks have had a very long-standing monopoly on creating and managing our money, and they have abused this unprecedented power in order to take everyone's wealth — and give virtually nothing but grief and misery in return…  Thanks to new technologies we no longer need the banks to create our money, and so CrowdBucks was created to show people how they create their own value-backed currencies, plus we provide a flexible marketplace platform for people to conduct trade without using expensive bank-issued money, etc.

CrowdBucks Overview   .   About CrowdBucks   .   CrowdBucks Commerce   .   CrowdBucks Youtube

CrowdBucks.com is currently at a pre-launch stage and is actively seeking partners and investors.

Neal Rauhauser: What Is a Blockchain?

Money, P2P / Panarchy, Software, Sources (Info/Intel)
Neal Rauhauser
Neal Rauhauser

The blockchain is a cryptographically secured register. A long, long time ago we used to hook a line printer to important systems and they'd print a subset of their logging to it. An intruder taking over a box could erase the contents of /var/log, but that printout was immutable. The blockchain provides something similar, but it's globally distributed, so *everyone* with access can write on it in an immutable fashion.

EXTRACT: Today an Argentinian freelancer who uses their banking system has to wait five days for an international transfer, lose 30% of his income to predatory fee structures, and run the very real risk that one of the parties involved in the clearing will simply misplace their money entirely. A Bitcoin based competitor can do this transaction at 1% of the cost in 0.1% of the time, make a profit while doing so, and there is nothing the government can do to stop it. 

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Ty Simpson: What is Bitcoin?

Money, P2P / Panarchy, Software
Ty Simpson
Ty Simpson

You asked me to comment on “The Logic Problems That Will Eventually Pop the Bitcoin Bubble,” as published by Vanity Fair on 31 March 2013.

My critique is that it is VERY old news.  2013. I was just getting into Bitcoins by then, and loosing my ability to walk. Can I counter the piece?  No, not really. The writer has the same problem everyone else has. They think Bitcoin is supposed to ACT like money. Then they go on a tirade of comparisons to other Monetary events. Bitcoin is not a Monetary event.  No one, I repeat, NO ONE, save for space aliens, has seen anything like this on this planet as far as we know.  EVER! Bitcoin is just the first Killer App out of the Blockchain.

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Willy Danenberg: Impact Investing via Blockchain Currencies (Crypto & Other — Infinite Variety)

Money
Willy Danenberg
Willy Danenberg

Impact Investing Complementary Currency and the blockchain

PayServices Inc. has the most advanced Impact Investing system for projects providing local communities, municipalities, tribes and businesses with complementary and now also with crypto, blockchain based currencies and the tools they need to use and manage it.

These include:

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