https://blog.p2pfoundation.net/how-can-crypto-money-become-a-money-of-the-commons/2014/03/08 Researching, documenting and promoting peer to peer practices Tue, 29 Apr 2014 10:23:59 +0000 hourly 1 https://wordpress.org/?v=5.5.15 https://blog.p2pfoundation.net/how-can-crypto-money-become-a-money-of-the-commons/2014/03/08/comment-page-1#comment-651412 Sat, 08 Mar 2014 18:04:01 +0000 http://blog.p2pfoundation.net/?p=37311#comment-651412 The article describes some of the qualities of a currency for the commons but says nothing about crypto-currency.
A tool like bitcoin could be perfect but the design should be clear before the search for tools begins.
We should be aware that while bitcoin offers us an indelible public ledger, 2nd generation cryptocurrencies will have indelible public smart-contracts, which could change the way we think about exchanging value. I’m still thinking about the repercussions of this.
Launching a new currency is extremely difficult especially in a global economy. You either need to accept the low probably of success or gather a body of mixed traders sufficient to create a pulse.

]]>