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currency

In Search of A New Economic Paradigm; Part 1

December 5, 2009

It could be currency collapse, an environmental collapse, a pandemic collapse, a food collapse, a water collapse, Energy collapse, a political collapse, or any number of Black Swan events – something somewhere too big to fail will fail. When that happens, it will take everything else down with it. After all, that’s what too big to fail means.

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YoVille Economics

November 21, 2009

I am amazed at how many of my friends say that they do not understand economics – then I visit their facebook page only to find all the trappings of advanced economic theory. Economics is the science of incentives and currency is the medium of exchange.

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The Great Currency Shift

November 19, 2009

I am seeing an increasing amount of articles and ideas related to an alternate financial system. The continued traditional media narrative implies that the current system is unstable and corrupted with insider deals, Ponzi schemes, bribes, and high profile acquittals of financial crime. The underlying age-old assumption is that the wealthy (merchant class) will win and the rest of us (the working class) will lose.

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Seeding the Clouds of Social Media

November 18, 2009

The climate change summit ended in a draw after Kyoto ended in party pooper. You can count the financial crisis, endless warfare, world hunger, slave labor, forest-to-dump consumerism among the same pile of sun dried bullshit. Does anyone still trust the “leaders”?

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Making A Mess on Madison Ave

November 10, 2009

Wall Street talks about a Basket of Goods. The UN talks about a basket of Currencies. What would Madison Avenue say when Main Street coverts your baskets of goods with their basket of social currencies? Here is a simple business plan that will screw everything up.

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Community Currency; Ithaca Hours

November 6, 2009

Many communities are giving up waiting on large corporations or government to invest or provide jobs, and are instead building on their own strengths and resources.

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Community Currency Systems

November 5, 2009

We are optimistic that the current economic system will ebb in favor of a next economic paradigm that reflects social priorities as a means of meeting Wall Street Priorities. We’ll be posting several articles on the subject in the coming days.

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A Local Currency Primer; Comfort Dollars

November 2, 2009

As more corporate and governmental institutions fail to meet the needs of society, people will need a currency that they can trade among each other. If the dollar fails, the need will be dire.
The difficulties that will ultimately limit such enterprise is the inability to capitalize and securitize a social currency.

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Banking on the Past

October 27, 2009

Holy shit, did you understand any of that? Guess what – nobody else did either and bankers are wondering why nobody wants their “currency”. Currency is a conversation, a social agreement, a community organizer – if nobody know what it is, people are going to start trading something else.

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A Learning Revolution?

October 13, 2009

Whatever is left will become the new economic paradigm: the fabric of society must remain intact, capitalism must be preserved, and social priorities must be enabled. It will be neither socialism not capitalism – both have failed. We need to learn Social Capitalism where social media is the dominant institution that issues a productivity based currency.

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What If The Dollar Fails?

October 1, 2009

I have been hearing a great deal about an inevitable collapse of the dollar. Not today or tomorrow, more likely in 5 or 10 years. The failure will probably not be a stupendous crash since politicians would avoid this as a means of self-preservation. Rather, it would simply be a slow and grinding inability to “afford” many important things using cash. Note that this has little or nothing to do with your ability to produce important things.

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Building a Better Entrepreneur; Google 10^100

September 27, 2009

Google 10^100 award voting is Launched. There are two sectors that we believe would have the greatest impact on the greatest amount of people; building a better banking system and funding social entrepreneurs. You can’t have one without the other – if Google funds these two sectors in concert, the outcome would be incredible.

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Unspoken Communication and the Bottom Line

September 23, 2009

I can also see how the unspoken communication stores as much value as the spoken communication. In the U.S. , there are race troubles, financial troubles, trust troubles, and confidence troubles. Many fears and anxieties that can be accelerated by Social Media in unpredictable ways. First, information riles people up quicker than facts can follow, and second, the shelf life is much shorter as issues are dissipated by new ones leaving much unprocessed.

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You Can’t Eat Gold

September 3, 2009

A successful and stable currency must be backed by the productivity of the [citizens of a country] users. So these two words should be interchangeable; i.e., a country spends productivity to fight a war. A country spends productivity to fund universal health care, etc.

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It Takes Currency to Make Currency

August 11, 2009

Immediately the engine of entrepreneurialism will ignite as people figure out new ways to play the game. With a trillion dollar advertising industry, a trillion dollar Professional Placement industry, and a trillion dollar recreation/leisure/entertainment/family industry on the ropes, you can guarantee that innovation will be absolutely intense. Welcome to the Innovation Economy.

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What is the Current of Currency?

July 26, 2009

For those who want to hold a great deal of money or power or control: in order to hold value, they must give it away. In order to hold power, they must empower others. In order to hold control, they must give up control to others.

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Is a social contract legally binding…and who cares?

July 13, 2009

The Ingenesist Project posits that trillions upon trillions of dollars worth of value that is being transferred to social media from a legacy economy stifled by insurmountable debt. These numbers are indeed spectacular because they account for the value “lost”, and most importantly, the calculations provides clues on how to “find” it again.

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1.3 Trillion Dollar Professional Contact Market

June 30, 2009

It is only a matter of time until professional contacts will be for sale. The problem is that the ROI (return on investment model) is such a poor valuation tool for social media.

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Is the Corporate Structure Obsolete?

June 24, 2009

In short, we have seen social media replace or duplicate almost every structural element of the traditional corporation outside of the construct of corporations. Can social media provide a corporate structure in and among itself?

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The Currency of Transformation

May 19, 2009

Information, knowledge and innovation are distinct phases of human intellect which are profoundly related. The vehicle for transformation across these phases is the “conversation”.
The next economic paradigm will introduce thousands of convertible currencies in the form of infinite conversations. Those currencies will be converted in infinite combinations for infinite applications each time adding value.

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What is the ROI for Social Media?

May 5, 2009

Fortunately, the true visionaries of the next economic paradigm are increasing in numbers and rapidly moving away from the ROI model into something far more valuable simply by asking the serious questions……

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The New Economic Paradigm; Part 6: The Business Plan

April 10, 2009

The business plan of the innovation economy is very simple; it starts with the single transaction between two people. The lender provides information and the borrower combines the information with their existing knowledge to create more knowledge.

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The New Economic Paradigm; Part 5: The Entrepreneurs

April 9, 2009

There is no shortage of entrepreneurs in this world. 6 Billion of them wander the Earth looking for assets that exists at a low state of productivity waiting to be elevated to a higher state of productivity.

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The Next Economic Paradigm; Part 4: Institutions

April 7, 2009

In this module, we will discuss the institutions in social media that could keep an Innovation Economy, free, fair, and equitable.

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