Comments on: Essay of the Day: Open Source Finance Hacking https://blog.p2pfoundation.net/essay-of-the-day-open-source-finance-hacking/2015/07/27 Researching, documenting and promoting peer to peer practices Fri, 31 Jul 2015 17:07:23 +0000 hourly 1 https://wordpress.org/?v=5.5.15 By: Michel Bauwens https://blog.p2pfoundation.net/essay-of-the-day-open-source-finance-hacking/2015/07/27/comment-page-1#comment-1303545 Fri, 31 Jul 2015 17:07:23 +0000 http://blog.p2pfoundation.net/?p=51296#comment-1303545 We are absolute moderating comments, our spam filter counter is in the millions but many slip through nevertheless. Normally we only filter non-spam filter if they are blatantly racist, sexist, with personal insults and yes swear words. In this case, you were too fast on the trigger though, we were simply on a four day holiday and no other free labor volunteer took up the task in my absense.

]]> By: Mark Janssen https://blog.p2pfoundation.net/essay-of-the-day-open-source-finance-hacking/2015/07/27/comment-page-1#comment-1300694 Wed, 29 Jul 2015 00:25:12 +0000 http://blog.p2pfoundation.net/?p=51296#comment-1300694 There’s only three things you need to know if you want to hack the financial sector:

1. Banks never learned what wealth is. All they know is the *quantity* of money, but you can print money all day long and you don’t have wealth.
2. The current system *destroys* more value that it *creates*. It takes from things which were not made by it’s own system: timber, oil(and other energy resources), land, and human lives, so it has not accounted for them properly (medical costs, for example, should be *subtracted* from GDP).
3. There is no mathematical solution to endless, exponential wealth. The system was predicated on growth, but when you’re going off a cliff faster, GDP rises then, too. Even a child stops growing, despite being fed, so apparently nature has a lesson to teach mankind.

Now if you’re interested in Hacking the Law, too, see http://wiki.hackerspaces.org/Hack_the_Law.

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