Comments on: How cell phones could break the money monopoly

By: Web2Logs - P2P Foundation » Blog Archive » How cell phones could break the …

Thu, 06 Nov 2008 10:09:59 +0000

[…] More: P2P Foundation » Blog Archive » How cell phones could break the … […]

By: paulbhartzog

paulbhartzog — Thu, 06 Nov 2008 02:46:57 +0000

I was just talking to Samuel Rose about this today, specifically on how the financial meltdown has made the innovation opportunity for that “killer app” all the more immediate.

Douglas slightly misunderstands me though, as I did not mean to imply that there would be any central servers at all. I believe that these negotiations will all be handled “peer to peer” in real-time as part of the emerging “ethical economy” (see Adam Arvidsson’s http://www.ethicaleconomy.com/ )

By: Mark Herpel

Mark Herpel — Wed, 05 Nov 2008 19:36:55 +0000

Use of digital gold currency, a private issued digital currency 100% backed by gold is on the rise around the globe. Some systems will work with cell phones and PDAs but that did not take off so much as local merchants were not quick to accept digital (Internet) currency. However, it seems in Africa where more people have cells than bank accounts, local payments such as M-Pesa are HUGE success stories.

The Loom.cc system is fantastic and now has a iPhone interface from Bill st. clair.

Mark
[email protected]
Skype IM ‘digitalcurrency’