Watch as Dave Birch argues that the financial crisis and technological innovation means it is time to rethink our approach to money. Chaired by Diane Coyle , economist. Listen to the full event on the audio file . Download the video (mp4) Watch Dave Birch on our YouTube Channel
Important question: How can we maintain global prosperity when natural resources are increasingly scarce, the planet is in increasing disrepair, and 3 billion people are expected to join the "middle class" by 2030? According to a fascinating new report , the answer is a "circular economy," where materials and products are restored and regenerated much more widely, and where the emphasis is on leasing, renting, and sharing, rather than consumption and ownership. "In a circular economy, products are designed for ease of reuse, disassembly and refurbishment, or recycling, with the understanding that it is the reuse of vast amounts of material reclaimed from end-of-life products, rather than the extraction of resources, that is the foundation of economic growth," the study says.
Ven is a global digital currency used by members of Hub Culture to buy, share and trade knowledge, goods and services. It can be spent at any Hub Culture Pavilion and exchanged digitally to anyone with an email address via the HubCulture.com platform. An API for everyone at VenMoney.net allows Ven to be exchanged anywhere, for everything. Overview
If anybody wants to access your time or knowledge or influence, they would have to pay for it with their own. Dan Robles Thousands of social currencies are emerging as people lose confidence in the ability of the dollar to store value. At the end of the day, a currency is a social agreement. People need to agree that whatever they use for the storage and exchange of value accurately represents their productivity – otherwise they will not work for it.
The Value Game introduces a new class of business plans that will define Social Capitalism as a distinction from Market Capitalism rather than simply an extension of Market Capitalism (as most definitions currently hold). This video begins with something called The Airplane Game – a project currently underway among a group of dedicated partners. Some of this material is found in other videos on our blog but the listener is encouraged review the ideas since this example forms the backbone of business methods which we will return to in later chapters. This Video stands alone but is actually the 3rd in a series specifying Modern Social Capitalism. See Part 1: Introduction , and Part 2: Predictions .
I think my brain is going to explode. Kyoto University Ted Nelson, the American academic who in 1963 coined the term hypertext, and is therefore viewed as one of the World Wide Web’s founding fathers, just released a 12-minute video with a big reveal at the end: The inventor of bitcoin , says Nelson, is probably Japanese mathematician Shinichi Mochizuki . Nelson offers no direct evidence for his conclusion that Shinichi Mochizuki is behind the pseudonymous creator of bitcoin, Satoshi Nakamoto.
An alternative currency is any currency used as an alternative to the dominant national or multinational currency systems (usually referred to as national or fiat money ). Alternative currencies can be created by an individual, corporation, or organization, they can be created by national, state, or local governments, or they can arise naturally as people begin to use a certain commodity as a currency. Mutual credit is a form of alternative currency, and thus any form of lending that does not go through the banking system can be considered a form of alternative currency.