The future of money
Lietaer begins with a review of money in its current form: scarce, inflationary fiat currencies traded rapidly and in extraordinary volumes. He continues into a review of a variety of alternative and complementary currencies, ranging from the bus tokens in Curitiba, Brazil, to Ithaca Hours, to various Depression scrips, to airline miles and credit card points. He concludes with a vision of what he terms Sustainable Abundance.
Stats for nerds
3recommend
7mentions
4people
2018–2020years
71% recommend29% neutral
Mentions per year
What Hacker News says
- > There is also the possibility we could create organizations set up for other kinds of people to succeed.
“My exciting insight came in 2001 when I read Bernard Lietaer’s book, The Future of Money. It helped me see the ways our monetary system has shaped our culture and even our sense of humanity. That’s when I realized the things we had invented (in my company) were in fact new kinds of currencies, and that currencies are the main tools we use to shape patterns in community and culture. They are the DNA of our social organisms.”
- Arthur Brock [1]
[1] https://www.artbrock.com/2014/11/21/designing-social-flows-c...
- This book changed my life: The Future of Money
From Goodreads
"Today’s financial system is seen by the most as having a fixed size. Bernard A. Litaer challenges this perspective by showing that there were different economic systems in history and that our present system has arisen from a tacit and problematic collective acceptance. He sees the future in the development of complementary currencies. He explains which money is necessary for which needs and how we can commonly create it. Money only exists because of trust — where trust has been destroyed, money is loosing its value; chaos and poverty are sad consequences. Lietaer has written an exciting and informative book for anyone who is aware of economic problems, from interested laymen to bankers."
https://www.goodreads.com/book/show/984314.The_Future_of_Mon...
- It’s different because the US dollar is the worlds’ reserve currency, and it is violently backed by US imperialism.
The MetaCurrency Projects’ Holochain is the next generation P2P no-middle-man accounting system which open sources and decentralizes the rules around money creation and usage. It allows us to evolve the rules together and build mutual credit, interoperable, open and unencloseable carrier’ currencies. Currencies are backed by real world commodities, leading to a rich network of flows between a community.
Your comparison shows me that you might not yet have had the privilege of critically exploring the underlying patterns and stories that have made Industrial Age money the tool it is today. For me ‘The Future of Money’ by Bernard Lietaer, and David Graeber’s ‘Debt: The First 5000 Years’ are very paradigm shifting books and helped me to challenge the underlying stories of economics that I believed. These stories stopped me from seeing a more beautiful future.
- Book recommendation: 'The Future of Money' by the co-architect of the Euro - Bernard Lietaer
- Blockchain could make easier to implement the vision of complementary curencies from https://www.amazon.co.uk/exec/obidos/ASIN/0712683992/transac... Bernard Latier is prophetic in "The Future of Money: Creating New Wealth, Work and a Wiser World". Aloso, Blockchain could enable some sorts of decentealised UBIs. Unfortunately the first wave was too libertarian in its culture and not focused on doing really good things for the world. Too much greed, fear and short sighted decisions. But this wave proved that the monopoly on money is an acident and not a necesity. This could be very huge. When many people start believing it just becomes reality..
- The architect of the Euro, Bernard Lietaer, wrote a book called The Future of Money that I’m reading now.
