ABOUT THIS WEBSITE

We are envisioning a new world where today’s aging, less useful and even dangerous financial systems
are replaced by or mixed with more disruptive innovations and exchanges. Imagine yourself deprived of all of today’s financial resources. Maybe you’re a refugee or stateless. Yet you still have your handset and laptop and Internet and a broadband cellphone connection….

Good as gold

by David Birch

[Dave Birch] Suppose that one of the longer-term results of the current economic crisis is that people begin to lose faith in government money (ie, national fiat currency) and start to search for alternatives. Then what (and who) will be best placed to provide the alternative? What I mean by this is that if a…


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Copying cash

by David Birch

Summary


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Money mashed-up

by David Birch

[Dave Birch] One of the functions of banks that has been changed forever by the Internet is what economists call the information function. People used to rely on banks to provide certain kinds of information into the market (eg, credit ratings) but a combination of technology-enabled business change and vanishing delivery costs has meant that…


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scientists and the klash

by Nik Baerten

John Brockman’s Edge.org organized a round of reflection on the financial crisis with several scientists. Mike Brown, Stuart Kauffman, Zoe-Vonna Palmrose and Lee Smolin ask: Can science help to solve the economic crisis? Nassim Nicholas Taleb, Douglas Rushkoff, Larry Sanger, Mike Brown, George Dyson, Emanuel Derman, Michael Shermer, Paul Romer, Tor Nørretranders, Eric Weinstein and Brian Knutson respond.

Several interesting…

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seeing, believing, acting

by Nik Baerten

At the outbreak of any major crisis, there is always the question of ‘why didn’t we see this coming?’. The financial crisis? Oh, many saw it coming alright … yet few managed to make others believe a meltdown was not only possible, but most likely, and none managed to mobilize believers-decision-makers to act upon their belief…


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Technology is progressive, finance is cyclical

by David Birch

[Dave Birch] You might be familiar with the demise of Northern Rock (or Northern Crock as it is now known the length and breadth of the UK), the collapse that marked the start of the current financial crisis so far as the British were concerned. But you may be less familiar with the story of…


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designed money futures

by Nik Baerten

It might be considered old news in these twittery times, yet somehow it rises to foreground in today’s economic climate with a sense of lasting freshness and value. Students at the RCA’s Design Interactions department led by Anthony Dunne, carried out a fascinating design research project in collaboration with Intel’s People & Practices Research Group entitled ’the future of money’. They…


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Big Mama, Greifswald, Rebel kids, Brixels: The People of kashklash

by Bruce Sterling

Let’s imagine four possible futures, based on two important variables.

The first is the stability in exchange systems. It’s a given that these are already unstable. So our range of variability is from “confusing mess” — today’s condition — to some radical condition of “massive change“.

The second variable is telecommunication technology. That can plausibly range from “old…


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How to fund the economy of the future

by Joerg Jelden

The current crisis is really exceptional. At Trendbuero I am studying it for a while now, always looking for chances that may arise from it. For me, KashKlash is a great approach to discuss solutions in a world where credit is ultra-rare. Great opportunity to discuss questions like How will our economic system look like without…


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New money

by David Birch

[Dave Birch] National currencies are (like nations) a relatively recent invention. And fiat national currencies are an even more recent invention. We tend to see them as a physical law, much like the speed of light, but in reality current monetary arrangements are of human making. And they are transient: money didn’t use to work…


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How to make money with free software…

by Giovanni Innella

read the whole story from the original source here


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How to rob a bank in the kashklash era

by Giovanni Innella

If you want to be a bank robber, there are few things you have to know.

Dear Robber,

Banks, as you used to know them, don’t exist anymore. There is no counter, no cash, no frightened employees and then no guns, no black bags, no balaclavas. New banks don’t have cash, but ideas, and they are not closed…


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Currency evolution and crisis

by Nicolas Nova

Last week at a conference in Paris, I attended a very interesting talk by people from Bureau d’Etudes, an interesting artistic and activist group based in France. They basically focus on creating informational maps whose purpose is to visually represent different facets of contemporary capitalism: corporations, industrial and financial or influential groups.

One of the representation…


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Funny Money

by Heather Moore

A recent survey of the landscape of economic-themed comics revealed some gems.

I’ve been a longtime fan of xkcd and this time Randall poses his take on alternative currency and cultural memes:

(The tooltip reveals a nod to 4chan.)

 

marriedtothesea.com on the possible origins of Craigslist:
Married To The Sea

On exchange:

and finally this quite interesting anonymously posted primer on subprime loans:

The Subprime Primer


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E pluribus pluribus

by David Birch

Will there be a world currency, a universal currency? is the “universal credit” beloved of science fiction writers even remotely plausible when some people think that a single currency for Europe is unworkable (and when some people — eg, me — think that a single currency for the UK is economically sub-optimal). In science fiction,…


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