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If you’ve been involved in the creative commons, open source, free software, or any of the many strands of thinking that are developing along these lines, then Copyright, Copy-Left, and the Creative Anti-Commons by Anna Nimus is a must read. She provides a very provocative understanding of the fundamental idea of copy-right, from it’s historical genesis, to how it relates to the Lawrence Lessig’s Creative Commons work. The paper is long, but it’s very well worth the read.

When ever I introduce people to the idea of community currencies, I have experienced that the question of trust comes up again and again. This is reasonable, but I’m quite convinced that the breadth and depth of what trust is, is very poorly understood. Trust seems to be a word that, in the case of money, is hiding at least two forms of something that are actually quite disparate. I think this is because experientially, these forms of trust feel the same, but they arise from entirely separate circumstances. Some examples to get at this:

Don’t you hate it in the computer field where something that was working fine for ages suddenly stops working? So this is what happened to me this time:

All of a sudden, when I plugged in my nice new Sennheiser USB headphones (PC165 USB) I couldn’t hear the sound. To get the sound to play, I’d have to go to the Audio MIDI Setup utility and toggle the mute button in the audio output settings. It had been working fine for a month, just plug it in and any audio output would just switch over from the speaker to th headphones. So I called AppleCare tech support who said this was a Sennheiser problem, and I sent e-mail to Sennheiser who of course pointed back at Apple.

One of the many very nice concepts that I learned about first in Jean François Noubel’s work on collective intelligence is sousveillance which is the inverse of surveillance. It was first coined by Steve Mann and then later picked up by Howard Rheingold.

Well, Bruce Sterling, as usual, has an idea. It seems to me that we are walking a knife edge, nay, a ceramic blade edge of incredible sharpness, on one side of which is evolved conciousness, and the other, dismal slavery. That blade hurts my feet.

It looks like yahoo is getting into the community currency game with Yootles. A quick read of the their FAQ indicates a highly “economics” based approach. Also I don’t see an indication of the meta understanding that what’s necessary is to provide a playing field for people to create currencies, rather than just Yet Another Currency (YAC).

“Don’t worry, it’s a rental.” That’s what we say when we drive that Hertz car smack through a pot hole. The difference between how people keep up rented appartments and owned homes is a standard trope in our culture. We understand that people feel and behave differently about things that they own. The same must be true for currency. If we create our own currency, instead of rent it from a unknown source, we will treat it differently. In fact, we will probably do a lot of things differently, just because it’s ours and we own it. Probably most importantly, we can begin to thing about the “value” of the currency in a different way. We clearly understand that the value of a home is not encoded simply in the number of dollars we’ll get from it when we sell it. It’s true value is in the home’s utility to us, here and now. Oddly, the same is true of a currency. Selling a currency on an exchange market is like selling a house. It shows one kind of value that it has; it’s value to people who are comparing the overal value of two separate currencies (just like someone about to by a house may be comparing the overall “value” of two houses). But a currency, like a house, has the utility value of those who use it, which is of substantially different form than its exchange value. There are other things that might be different if we own our currency instead of rent it. Our relationship with debt might be different. For one thing, we would come to a deeper understanding of the connection between debt and money, and thereby be more healthy about it. The monetary experience is by its fundamental nature is the combination of debt and credit. The money I hold in my pocket is positive side of the ledger that elsewhere is written down as a negative number: a.k.a debt. It is not possible to have money without debt. If we owned our own money, the question of what kind and what amount of debt we want to have would become much more crucial to answer well and wisely.

In my on-going quest for good metaphors and ways of thinking about the community/multi-currency world, an excellent metaphor came to me that is useful when talking about all this with programmers:

I learned about the Aristotelean intellectual virtue of phronesis along with the related term episteme a few years back from Kathryn Montgomery in discussions about her book How Doctors Think. Episteme is the scientific rationality we are all quite familiar with. Phronesis is usually translated “practical wisdom” and is the kind of rational skill doctors and entrepreneurs have that is based on experiential knowledge and provides the ability to take the best action in particular circumstances. We are much less likely to have thought of this as a separate kind of rational capacity. These terms came up again recently for me in the context of a collective intelligence discussion, which really set my mind going and has led me to some propositions and a conjecture:

I’ve just read Andrew Lippman and David Reed’s paper on Viral Communications. It’s quite insightful. Two things:

1. I’ve said it before, but “Intelligence at the Leaves” for currency is what the open money project is all about. Currency is the centralized communication tool that needs to undergo the same process that Lippman and Reed describe in the paper, for all the same reasons. “In the end, viral communications transforms communication from something you buy to something you do. Independence of operation allows communications services to be separated from traditional service providers.” Substitute currency for communication.
2. On a more speculative note: maybe the reason why SETI has not been successful so far, is that intelligent species move very quickly to low power Tim Shepard style scalable radio! So our current high power RF output is very naturally a short lived (i.e. 200 year) stage in technological development, that lasts only long enough for us to realize that we are better served with a very different pattern of radio usage, which is not detectable at interstellar distances. Assuming this is true, I’d gues that the probablity of catching another intelligence in the same 200 year window is not very high.

[tags]viral communication,viral,SETI,open money,currency,money,scalable radio,David Reed,Andrew Lippman,Eric Harris-Braun,p2p[/tags]

On this July 4th, I’m thinking that God has already blessed America, many times over, with great natural resources, with a powerfully and deep intellectual, spiritual, and political heritage that is the product of the coming together of many strains of human history. We are a blessed melting of many metals that make an alloy of unusual qualities.

Here’s the power-point version of the presentation on open money I gave at the local currency preconference to the BALLE gathering in Burlington last month. The presentation came after a full day of folks like Bernard Lietaer and Tom Greco excellently setting stage by explaining how our current monetary system is both unstable and the structural underlying cause of many of our economic woes. They explained clearly how changing the monetary system is a necessary step for fixing our economic system.

Below is part of a talk I gave at the E. F. Schumacher Society seminar Tools for Change.

I’m assuming that at least one of the reasons why you are all here because you understand that the current economic order isn’t leading us down a healthy path. This is pretty easy to explain and to see as manufacturing jobs are outsourced, as land goes fallow and is developed into unsustainable strip malls, and as workers are more and more disempowered. These are very visible things that we hear about all the time in the independent media, and even in the main-stream media. But it’s much more difficult to see, let alone, explain, the role of our monetary system in all this. So my goal here is to give you the basic tools to explain why we need local currencies. That is the “The case for local currencies.”

This week I was given a copy of Paul Krafel’s mini-film The Upward Sprial. Which, despite, nay in part because of, some hoakyness, provides deep and powerful language and images for how to look at the world. He talks about flow, feedback spirals, and a “second solution” to the problem posed by the second law of thermodynamics. It is both philosphical and practical for those looking to change our broken world.

Have you ever gotten the tcsh: Command not found. error after installing some code? Well it happened to me today, and I couldn’t figure out what the problem was. I had already added the commands directory into my PATH, and set it to executable with chmod 755, but still the error kept coming up. The answer turned out to be that the command file (a shell script) that I had download had DOS line endings. Which, I quicly fixed using my trusty bbedit and bingo it worked fine.