[GiftEconomy] [newecohumanity] Re: Open Invitation to Create the Financial Institutions of the Future

Mon Jan 10 20:13:18 PST 2011

I think this distinction is an great and important innovation, I wonder if
someone would volunteer for a write up, so that we can publish this on the
p2p foundation blog?

thanks for considering this!!

On Mon, Jan 10, 2011 at 10:57 PM, Leander Bindewald <
leander.bindewald at yahoo.com> wrote:

> Thanks John for the request.
>
> I´m not sure how much this will help the inquiry further down in the
> thread, so I´ll try to be brief:
>
> For the two (unrelated) projects you mentioned, The Green Entrepreneurship
> Forum of Generation Europe Foundation<http://www.generation-europe.eu/forum/complementary-currency/> and
> the HUB in Brussels <http://brussels.the-hub.net/public/> (the currencies
> are not implemented just yet), the basic idea is to separate quantitative
> and qualitative properties of exchanges. The idea is based on the
> differentiation of different values as brought forward by the Metacurrency
> project, see e.g. Arthur Brock´s great Prezis<http://prezi.com/-qiaswjo975y/transitioning-to-the-new-economy/> on
> this.
> So, one of the manyfold troubles with the money as we commonly use it
> today, is that it combines so many information-dimensions into one:
> scarcity, use value, personal preferences, authority, future prediction…
> What a meddled matrix! No wonder people first started to feel strange about
> money when it was invading spaces of human and personal value. Paying a
> friend for babysitting? Paying your neighbor for his veggies? Paying to be
> part of a community? Monetizing health, biodiversity and life? Just because
> we want to acknowledge and inform the bigger systems?
>
> But, bringing the market paradigm back onto its healthy feet, currencies
> are unitized information systems facilitating collaboration.
>
> So the Ants and Hubbees acknowledge quantitative input, posted text in the
> first case, hours delivered in services in the second. And you can trade in
> your earned units for other services in the community.
> Owls and Honeys serve a peer2peer rating system to complement the purely
> quantitative currency with a qualitative dimension. This indicates the
> reputation of a user or how much value (not labour) he had brought to the
> community. They are not counted as the average rating (like on ebay) but as
> an aggregate of the rating units given. (e.g. three ratings of 2 stars plus
> 1 rating of 5 stars makes a 11 star reputation, not a 2,75 reputation).
> This second currency can´t be spent, "Honey sticks", but it facilitates
> exchanges by informing potential collaborators about the user´s/member´s
> relation to or standing in the rest of the community, more Owls = more
> wisdom, more Honey = more trust.
> On the GreEn Forum, for example, members needed certain quantities of both
> currencies to qualify for a workshop in Brussels.
> The Ants and Owls there are implemented on a wordpress platform, the rating
> module was customized.
>
> Hope that helps, feedback most welcome. Big cheers, from Brussels, Leander
>
>
>
> Am 09.01.2011 um 19:27 schrieb John Rogers:
>
>  Leander may also wish to say more about the Ants and Owls concept at
> Generation Europe in Brussels:
> http://www.generation-europe.eu/forum/complementary-currency/
> or the Hubbies and Hunnies concept at the Brussels Hub, both of which
> balance tradable currency with reputation points.
>
> John Rogers
> Value for People
> www.valueforpeople.co.uk
>
> On 07/01/2011 15:55, Dante-Gabryell Monson wrote:
>
> Hi Trevor,
>
>  following your interest in the *"reputation matrix"* and
> possible algorithms expressed on the new economics list (
> http://au.groups.yahoo.com/group/newecohumanity/ ),
>
>  where would you/we like to start with ?
>
>  --------------------------------
>
>  I am personally interested in defining some semantic web<http://en.wikipedia.org/wiki/Semantic_Web>"Transaction
> Contract" vocabulary.  <http://cashwiki.org/en/ReQuest>
>
>  I also know of some other projects which go in this direction - or can be
> directly compatible , such as the following protocols defined by Robin Upton
>
>  http://friend2friend.net/
>
>  or other metacurrency ontology projects in development such as
>
>  http://www.metacurrency.org/
>
>  ----------------------
>
>  In addition, I remember another existing tool for recognition in a
> context of community building such as
>
>  http://regenerosity.com/
>
>  Perhaps you know some other ones I may not be aware of... ?
>
>  Cordially
> Dante
>
> On Fri, Jan 7, 2011 at 3:34 PM, Leander Bindewald <
> leander.bindewald at yahoo.com> wrote:
>
>> I´m not sure if your are also on this mailing list,
>> but I thought this post would be down your alley…
>>
>>  Big cheers, *L*
>>
>> Anfang der weitergeleiteten E-Mail:
>>
>>  *Von: *Trevor Holland <trevor.holland at gmail.com>
>>  *Datum: *7. Januar 2011 13:17:14 MEZ
>>  *An: *newecohumanity at yahoogroups.com.au
>>  *Betreff: **[newecohumanity] Re: Open Invitation to Create the Financial
>> Institutions of the Future*
>>  *Antwort an: *newecohumanity at yahoogroups.com.au
>>
>>
>>
>> I particularly love the "reputation matrix" concept. I can envision this
>> as a method to unite all of the reputations that we have as members of LETS,
>> Freecycle, Community Exchange etc.
>>
>> There's probably a Doctoral thesis in designing a data mining algorithm
>> that can return a "grand unified Collaborative Communities reputation" for
>> any person. If our reputations as collaborators in building communities are
>> "bankable" new economic order, then we need to make sure that such an
>> algorithm not only *works*, but is protected against *fraud*!
>>
>> I've been confusing myself for months now, trying to think of ways to do
>> this. .... hopefully discussions that flow from this  project will be very
>> helpful in resolving this kind of dilemma.
>> regards
>> Trev
>> --
>> Trev Holland
>> +61 403 078 661
>>
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>
>

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