Comments on New Currency Frontiers: Differentiating "Open Source" and "Open Currencies...

Art, superb post! "we need an inclusive architectu...

2009-05-22T07:12:28.845-07:00

Art, superb post!
"we need an inclusive architecture THAT BUILDS INTEGRITY AND SECURITY INTO THE STRUCTURE OF THE DATA ITSELF" What an insight! No wonder you shouted it. It must have been an AHA moment for you :-)
And you make the point that 'open'is not necessarily FULLY transparent.
So suppose IFF secrecy rules can fork to corporate secrecy levels as necessary and sufficient...
Here is a metaphor for open secrecy levels:
1 Open hand
2 Card faces down
3 Conventional: put card in a box.
3a Open: MAKE a box from the cards facing inwards...
Again, great insight, it inspires a whole host of thoughts. Thanks, Art.

With Facebook revealing its intention to provide i...

2009-05-13T13:06:00.000-07:00

With Facebook revealing its intention to provide its own currency, this is a timely conversation to be having.

One of Facebook's greatest accomplishments has been making a proprietary version of the open standard HTML (FBML) that third party software developers are coding to their estimated 200 million users. Even though browsers are still processing HTML, the fact that developers are writing code in a format owned by Facebook demonstrates the nature of the problem presented by a corporation with the market power of facebook.

As P2P Foundation's Sepp Hasslberger has said, human wealth should not necessarily be in the hands of commercial interests.

Let's get some working code out there! Maybe someone should write a Facebook app: OpenFBMoney :)

Amazing post! Thanks so much for adding clarity.

2009-05-13T12:32:00.000-07:00

Amazing post! Thanks so much for adding clarity.