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P2P Energy Economy: request for critical feedback

photo of Michel Bauwens

Michel Bauwens
23rd December 2008


Via Marc Fawzi:

Dear All,

The more exposure an idea gets the more debate it benefits from and the faster it evolves to meet real world needs.

We have tried the P2P Foundation forum at Ning, the P2P Research list, the Open Manufacturing list, and the Oekonux list and the debates there definitely helped shape the latest evolution of the P2P Currency model.

It is so clearly stated now that it could use some more aggressive beating.

As you know, the four aims of the model have been made concrete and intelligible to the average person:

1. Direct the flow of money towards socially, ecologically and environmentally intelligent producers of goods and services.

2. Enable a model of money creation where the value of money is derived from energy (i.e. allows the conversion of energy surplus in the system to new money which is then converted to more goods and services, i.e., more productivity, and higher economic growth) and where the process for money creation is both simple (in that it’s driven mainly by the economy’s capacity to grow, based on increase in available energy) as well as transparent (in that everyone can verify the process.)

3. Make available cheap and abundant renewable energy which should enable the production of more goods and services (i.e. higher productivity) and drive economic growth

4. Enable a model of the economy where in order for peers to grow their wealth (comparatively speaking) they have to share it (by lending their money to others.) In other words, “the more you share, the more you have.”

#4 had been in my mind/psyche all along while designing the model but it was not crystalized yet, and I think it is a very powerful aphrodisiac and a great uniting principle (“the more you share, the more you have.”)

In the latest two or three iterations, I’ve made sure ponzi/pyramid-like schemes are not possible under the peer credit model.

So now, with the model being in its clearest state, and while I’m building an idea of game design (with everyone’s help/input) I am eager to get the model exposed to more critical eyes, on more aggressive basis.

I started talking to one team working on Smart Grid (distributed energy production grid) to see if my expectation/vision/version of SmartGrid matches with what is possible technically at this time.

If there is any group of ‘change makers’ out there with any relation to alternative currencies, LETs, renewable energy, Smart Grid, peer production economy, please feel free to forward them this request for critical feedback.

The model in question can be found here: p2pfoundation.net/P2P_Social_Currency_Model

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