I enjoyed this article about how we went from market highs to bailouts in 2 weeks flat. https://northmantrader.com/2020/03/17/the-lesson/
Rad project. @Fairbnb_coop@twitter.com, the co-owned alternative to Airbnb, raised €600K from coop members so they're hiring: backend + mobile devs, design, product manager, social media manager. Based in Bologna.
“111 years ago socialist artist William Balfour Ker in 1905 created this image, entitled ‘From the Depths’, to illustrate a novel on class struggle called The Silent War by John Ames Mitchell (New York 1906).”
If we want to get *really* scifi, maybe these hypothetical carbon capture machines could construct *themselves* out of captured carbon, possibly using some kind of tiny pod containing most of the materials needed to get started as well as the information to construct the entire machine... Maybe these pods could, themselves, be made through carbon capture using the same machines, making them self-replicating without any technical skills needed
But this is all some kind of absurd pipe dream, of course. It's not like self-replicating material-producing carbon capture machines grow on trees
I'm doing this Q&A later today https://deepadaptation.ning.com/events/q-a-matthew-slater-local-future-tax-credit-commons you need to sign up to the forum to get the zoom room.
"The world’s leaders are correctly fixated on economic growth as the answer to virtually all problems, but they’re pushing with all their might in the wrong direction." Donella Meadows, author of #LimitsToGrowth http://donellameadows.org/archives/leverage-points-places-to-intervene-in-a-system
me being interviewed about #creditcommons https://www.noncorporate.org/build-global-moneyless-trading-system/
@matslats When TEPCO's Fukushima Daiichi reactors were melting down, the government lied with great discipline and persistence. When we could all look up and see the massive cloud of smoke and debris over Manhattan and Brooklyn, the EPA claimed the air was safe. I think you are right that we are seeing the same thing in grand slow motion. How will those in power respond to the crisis? How do they respond to other crises? #SelfOrganization is the only way for us.
I've had an awareness for a couple of years, of Zuckerberg's intention to steal banking from the bankers, and pull the world's poorest smartphone users into a sticky platform-banking web. On cue, here comes #libracoin!
See @matslats of the #OpenCreditNetwork, on Libracoin
And more here on class war among the old and new bankers
Slugging it out soon with China?
Listened to a thing about the fourth industrial revolution, so called. Driven by things like machine learning, AI, nano materials, biotech, additive manufacturing, sensors and IoT, autonomous vehicles.
I dunno. I fail to be excited by any of it any more, unless it comes with an explicit intent to improve social wellbeing, not just vague promises of productivity and efficiency, shit going faster for the sake of it.
@guyjames I made a lot of comments but I like with the basic idea, and sorry I didn't have time to contribute more. BTW I've just put in a LEDGER application as Freedom Coop to build the Credit Commons which will do mutual credit accounting through a REST API
@guyjames it says "FairCredits can also be converted to FairCoin at any time, on the condition of saving them for a period of time." Better to use the word bought/sold than converted because that shows you know who is the buyer. I don't see the use case for converting Faircredit to fair coins because they are both used in the same marketplace.
@guyjames The two examples you give of credit limits being increased are both fully automatic. There needs to be a human process, and a way of dealing with individual cases. We shouldn't try to manage trust through algorithms.
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