Comments on New Currency Frontiers: P2P Currency

This comment was introduced when I was in college....

2010-12-04T14:14:08.562-08:00

This comment was introduced when I was in college. A couple years have passed and information has rapidly evolved. I slowly moved away from this concept as I got involved with work after graduation. Does anyone know if any of these ideas have gotten off the drawing board and more into main street?

I think Gcredit is the possible solution

2009-04-02T23:23:00.000-07:00

I think Gcredit is the possible solution

http://turmelpress.com/unilets.htm is my personal ...

2009-03-26T10:49:00.000-07:00

http://turmelpress.com/unilets.htm is my personal LETS timebank page. Rudimentary but workable.
In 1999, I paid for 39/40 nights in Europe with an IOU for a night back in Canada worth 5 Hours.
U.N. Millennium Declaration UNILETS Resolution C6 to governments is for a time-based currency to restructure the global financial architecture.
See my banking systems engineering analysis at http://youtube.com/kingofthepaupers with an index of articles at http://johnturmel.com/kotp.htm

Thanks Art for the invite. I am exploring and enjo...

2009-03-14T03:04:00.000-07:00

Thanks Art for the invite. I am exploring and enjoying. Particularly like this landscape metaphor for the flow:

what things attract
participation, etc?:
Those are low points
what are the repellers?:
Those are high points on the map
what stuff is flowing on this landscape?:
In economic terms, it's money, goods and services. Part of what we talk about is there are other things that flow, trust, knowledge, stories, etc.

If I understand it well: currency in organic motion flows like energy. From higher entropy points to lower entropy points.

Does it mean that over time it dissipates as well, in other words it is naturally perishable so it can regenerate? Bit like ingenuity... Or is it like with consciousness, that a natural open system always GAINS energy, so in the meta currency wealth will appreciate, not dissipate?