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2007


why i am working on open money

Recently I’ve had opportunity to reflect on why I’m particularly dedicated to the open money path out of all the many different community currency paths.

I offer it here not in the spirit of saying open money is better than other approaches, but rather just to share my understanding and what motivates me to work where I know I am best suited to contribute.

More on language and wealth acknowledgment

·2 mins

In a discussion today with Jean-François about the content of my previous post, he described another very important way of thinking about the evolution of writing from pictographs to alphabets and ideograms. Namely that the step taken was from a system in which representations could be created, to a system in which information can be created. Likewise our current wealth acknowledgment systems actually represent wealth directly. A direct consequence of this is that money can be stolen. Writing, however creates information. Information intrinsically can’t be stolen (you have to set up complicated legal systems to shoe-horn information into being steal-able). Open money embodies the shift to a wealth acknowledgment system that allows us to move beyond representing wealth, into building information about wealth.

the cost of lies

·2 mins

Today it occurs to me that one way of describing inflation is that it is a tax on falsehood. Most of the taxes we pay are explicitly levied in some way or another. Inflation is the implicit tax that we pay through the structure of the monetary system itself, because of the way money is issued. I don’t want to dwell on that too much as others have; see: wikipedia, Ron Paul on the right, and Tom Greco on the left.

Language, Money and Wealth Acknowledgment

·8 mins

David Abram, in his book The Spell of the Sensuous, describes the history of written language and its evolution from pictographic directly representational symbolic system to an abstract phonemic system. He describes the incredible intellectual leap taken by some scribe who realized that the symbol doesn’t actually need to have ANY visual resemblance to the thing it represents. Apparently this evolutionary step came as a joke, as a pun. To describe this, the example Abram imagines is putting the image of a bee together with that of a leaf, making the word bee-leaf = belief. There is simply no pictorial representation of the abstract notion of a belief, but the pun simultaneously allows this representation and brings us to the first step of writing words phonemically. There are historical example of this in pictographic writing systems, and even in the first truly phonemic script of the semitic scribes, letters are often visually reminiscent of the word that contains that letter. For example our letter “A” comes from the aleph, which is drawn like our letter “A” turned upside-down and which looks like the head of an ox. The semitic word for ox began with the sound that the letter represented.

new skype language

·1 min

So, there are two new skype related words that I’ve started using, one which I coined myself, and the other which was amazingly self-referentially coined while in a chat.

The first word “skypo” is what you do when you mistakenly (and potentially very embarrassingly) type something into the wrong chat. My skype window usually has 10 or so ongoing chats, often happening simultaneously, and sometimes I just start typing and hit return thinking I’m in one when I’m actually in another. That’s a skypo.

the "elevator-pitch" for community currencies

There’s a skype chat I’m on that discusses community currencies, that recently was trying to find “the ultimate elevator pitch” for community currencies. This is a very reasonable request as all of us working in this area are frequently asked to describe what we are up to succinctly. Here’s my post to that chat in response to this request:

rails capistrano deploy script OS X to Ubuntu

Ok, so in a previous post I described the rabit-hole which is switching to rails. Below’s my capistrano deploy script which solves a number of problems:

  1. The production server needs a mongrel cluster configuration file added.
  2. Deployment requires restarting the mongrel cluster.
  3. On Ubuntu the database.yaml spec has to be modified to because you need to specify a mysql socket path differently from OS X.

So here’s what I added to make it work:

SnapMail on Seth Godin's Blog

·1 min

So marketing blogger Seth Godin has a mention of SnapMail in the same breath as File Maker Pro on his blog. It’s nice that my humble little program is in such august company, though the context is a bit sad. What’s so odd is how SnapMail was created before the Internet was at all a house-hold word, back in 93, and it still has such a faithful following. I guess there is something valuable about having a little communication tool that’s not on the Internet! Who’da a thunk?

Recent Reading List

·2 mins

A while back I thought I would take on the discipline of posting a short essay on each book I read. I haven’t done that, but here is a list of my recent reading, with one or two sentences for each.

confucianism, standards, and culture

·1 min

In a previous post, I talked about how there are two different kinds of trust, and how important that is to understanding what needs to happen in the currency world. Here is a fantastic essay on confucianism technical standards and culture, which gets to the same essential pattern but in a different arena. The essay includes the following quote from Confucious’ Analects:

proof is in the pudding

·1 min

The power behind the open source/creative commons movement lies in the value of letting go of ownership of your productive work and trusting that the value you could have charged for directly by not doing so, will instead be returned to you indirectly.