Comments on: Questions for commoners regarding currencies https://blog.p2pfoundation.net/questions-for-commoners-regarding-currencies/2014/02/03 Researching, documenting and promoting peer to peer practices Fri, 18 Apr 2014 01:07:10 +0000 hourly 1 https://wordpress.org/?v=5.5.15 By: Mike Riddell https://blog.p2pfoundation.net/questions-for-commoners-regarding-currencies/2014/02/03/comment-page-1#comment-639471 Thu, 13 Feb 2014 05:25:14 +0000 http://blog.p2pfoundation.net/?p=36492#comment-639471 May I thank everyone for their responses – I absorb them with great interest.

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By: Matthew Slater https://blog.p2pfoundation.net/questions-for-commoners-regarding-currencies/2014/02/03/comment-page-1#comment-639368 Thu, 13 Feb 2014 00:23:41 +0000 http://blog.p2pfoundation.net/?p=36492#comment-639368 Mike in your question 4 “Bitcoin doesn’t solve any social problems” you imagine a whole new currency which not remotely like Bitcoin. the most important difference is that your currency is issued as needed – not according to some schedule, which very much affects how the value is perceived.
You might want to be careful about making units available for the wolves…

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By: Sepp Hasslberger https://blog.p2pfoundation.net/questions-for-commoners-regarding-currencies/2014/02/03/comment-page-1#comment-639250 Wed, 12 Feb 2014 20:13:19 +0000 http://blog.p2pfoundation.net/?p=36492#comment-639250 My view is that

1. a commons isn’t primarily a market place, although some market functions can be connected with it. A commons is really a resource that isn’t enclosed and that is therefore accessible to all “commoners” or as we would today call them, “users”

2. If the value or, in this case, the information would all be stored in one place and be kept under lock and key, I believe it would no longer qualify as a commons. Whatever is the subject of a commons should be kept available for all users, whether they be persons, businesses or government, but use should be regulated, it should be subject to certain rules…

3. a market, in my view, can by definition not be a commons. Resources that are treated as a commons can be used in markets external to the commons, but this presumes that one or more of the user of the commons ALSO have some business activity serving a market. We should distinguish in this case between the resource that is used as a commons and the use of which is subject to rules of the commons, and the use that is made of a valuable once acquired by a user, to bring it to market. Let’s take the example of sheep grazing on common land. The grassland is part of the commons and the owner of the sheep is allowed to graze his sheep under certain conditions. But the sheep is the owner’s to do with as he wishes and he can either give away or sell the milk, the wool, the meat, and the lambs. He cannot, however cut the grass and sell it unless that is permitted by the rules of the commons.

4. It is argued that Bitcoin or a similar currency could be part of a commons as credit can be given for activities that benefit the commons. I do not think this is a valid argument at all. If the currency is an object of investment, it is part of a market, not part of a commons. Even granting credit “for improving the commons” is a business activity, a tit-for-tat. Either credit is available to all without conditions, or it isn’t. If not, it is part of a financial market, not part of a commons. If investors bring $$$ into the currency then that is part of a financial market as well. I would say it is a stretch of the imagination to call that a currency for the commons.

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By: Michel Bauwens https://blog.p2pfoundation.net/questions-for-commoners-regarding-currencies/2014/02/03/comment-page-1#comment-639105 Wed, 12 Feb 2014 16:15:53 +0000 http://blog.p2pfoundation.net/?p=36492#comment-639105 Moving to your second question:

<. “Contribution to the common pool”. You say an institution should be created to protect the value. I think that ‘value’ is personal information (and that this personal information is the new commons). Imagine if this information were stored “all in one place” and kept under lock and key by this institution acting on behalf of the community so that business and govt couldn’t get their hands on it without first paying for it, what constitution would this institution need to have in order to satisfy your requirements? Would a co-op model work? >

Personal information is just one of the value forms that will be important. But I believe it is unwise to store it all in one place. Personal information should be the property of the persons, which can create access rules both individually and collectively. It would make sense to create common pools, co-property of the persons that agree to it, which could create all kinds of collective benefits, including perhaps creating a return income. Imagine a nondominium a la Kleiner, that would gradually create a rent and/or basic income for its members.

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By: Michel Bauwens https://blog.p2pfoundation.net/questions-for-commoners-regarding-currencies/2014/02/03/comment-page-1#comment-639103 Wed, 12 Feb 2014 16:12:35 +0000 http://blog.p2pfoundation.net/?p=36492#comment-639103 In reply to @mikeriddell62.

Sensorica is not meant for just online collaboration, it’s geared towards a open hardware platform. Tiberius B. should be able to explain you more details. See already http://p2pfoundation.net/Open_Value_Network in http://p2pfoundation.net/Category:P2P_Accounting, the section which keeps track of similar projects. I may be wrong, but I believe that Sensorica’s system has a peer review aspect to avoid free-riding.

In general, you must know my own position: I believe in a simultaneous transformation of civil society through the commons, of the market, into a commons-friendly ethical economy which integrates externalities, and of the state into a partner state which commonifies public services and enables and empowers social production. But within the ethical enterpreneurial coalitions which gravitate around the commons, experiments with post-market dynamics can be attempted and grown. The idea is to give people freedom to choose the various dynamics, including those types of markets which do not destroy the biosphere and respect human justice.

Markets should not be identified with infinite capital accumulation, they pre-existed and will continue to exist after capitalism.

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By: @mikeriddell62 https://blog.p2pfoundation.net/questions-for-commoners-regarding-currencies/2014/02/03/comment-page-1#comment-637475 Mon, 10 Feb 2014 07:33:46 +0000 http://blog.p2pfoundation.net/?p=36492#comment-637475 Thank-you for the responses.

I too agree with Tom’s idea that the marketplace is one activity that takes place on the landscape of the commons.

Thanks for sharing the Sensorica platform. Accounting for different contributions by using one single metric is clearly required since measuring inputs is easier than measuring outputs. But what are the rules of the game? How are free-riders prevented from gaming the system and thus destroying trust and therefore value? Can it be scaled?

How does one achieve mass-participation in the P2P economy?

What are we expecting from consumers/citizens that are used to operating in a market economy.

Do we need a transition or hybrid economy to take us from the market economy into the P2P economy?

The Sensorica social contract is perfect for the internet, but what about the masses of unemployed resources that exist in the real world – people, spare capacity, empty buildings and so on.

Those resources (the value of which currently perishes if not employed) need to be ‘liquified’ then integrated into an open value network and matched with the needs of the network. That’s where a market mechanism can match together the community’s unmet needs – it’s simply a re-allocation of resources that are being wasted.

Am I barking up the wrong tree in my belief that markets can be better?

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By: Michel Bauwens https://blog.p2pfoundation.net/questions-for-commoners-regarding-currencies/2014/02/03/comment-page-1#comment-637357 Mon, 10 Feb 2014 03:14:29 +0000 http://blog.p2pfoundation.net/?p=36492#comment-637357 Mike you ask:

“A commons isn’t just a marketplace”. What other key functional components would you expect? A currency? An accounting system? A payments mechanism? A social network?”

I agree with Tom above, the commons is not a marketplace. It’s either a abundant digital commons that does not need an allocation mechanism and certainly not a market since there is no tension between supply and demand; or it is a physical commons needing reciprocity, but not market mechanisms as otherwise it would be a market and not a commons; but such a commons may need some kind of allocation mechanism and thus some kind of accounting.

A special case I think is the open value accounting system of Sensorica, which wants to measure and value commons contributions and indirectly link them to possible a posteriori market realization, through a social contract based on a fair return. In this case, commoners are still contributing to the commons without direct link to their labor as exchange value, but will get a return if the derivative activities bring in income. This is much to be preferred to a re-commodification of the commons.

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By: Tom Crowl https://blog.p2pfoundation.net/questions-for-commoners-regarding-currencies/2014/02/03/comment-page-1#comment-635341 Mon, 03 Feb 2014 14:48:49 +0000 http://blog.p2pfoundation.net/?p=36492#comment-635341 RE #1:

I don’t believe a Commons should be defined as a marketplace at all. This doesn’t mean I’m against marketplaces its just that the Commons is better regarded as the landscape upon which a marketplace as well as other activities can take place.

For me hence things like transaction spaces and money creation both should NOT be narrowly held or controlled… and similarly form landscapes.

Leveling The Transaction Landscape: Technology and the Campfire
http://culturalengineer.blogspot.com/2011/04/leveling-transaction-landscape.html

Decision Technologies: Currencies and the Social Contract
http://culturalengineer.blogspot.com/2010/07/decision-technologies-currencies-and.html

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