Jean Lievens: Want to Hurt Wall Street? Displace the Lending Industry with BitCoin and P2P Lending!

Jean Lievens

Jean Lievens

This bitcoin alternative is a threat to Wall Street

Peer-to-peer loans imperil banks, and cryptocurrencies may finish the job

EXTRACT

Digital currencies circumvent the fees and roadblocks to access that come with traditional financial services. The possibilities, especially in the underdeveloped world, are enormous. As much as $9.6 trillion in assets locked out of the global economy could be freed up, according to the International Monetary Fund.

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Dec 8

Michel Bauwens: Transitioning to a Commons-Based Society

Michel Bauwens

Michel Bauwens

Transitioning to a Commons-Based Society

Background on the FLOK Project

Michel Bauwens:

The National Plan of Ecuador recognizes and stresses that the global transformation towards knowledge-based societies and economies requires a new form for the creation and distribution of value in society. The National Plan’s central concept is the achievement of ‘Buen Vivir’ (Sumak Kawsay) or ‘good living'; but good living is impossible without the availability of ‘good knowledge’, i.e. ‘Buen Conocer’ (‘Sumak Yachay’). The third national plan for 2013-2017 explicitly calls for a open-commons based knowledge society[1].

President Correa himself exhorted young people to achieve and fight for this open knowledge society[2].

The FLOK Society is a joint research effort by the Coordinating Ministry of Knowledge and Human Talent, the SENESCYT (Secretaría Nacional de Educación Superior, Ciencia, Tecnología e Innovación) and the IAEN (Instituto de Altos Estudios del Estado) to develop transition and policy proposals to achieve such an open commons-based knowledge society.

FLOK refers to:

Read the rest of this entry »

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May 19

Jean Lievens: Bitcoin vs. Litecoin vs. Peercoin vs. Ripple vs. Namecoin

Jean Lievens

Jean Lievens

Bitcoin vs. Litecoin vs. Peercoin vs. Ripple vs. Namecoin

While many are still being turned on to the perks of Bitcoin as a speculative asset, platform, and currency, there are other players in the game. Here is a brief look at how these cryptocurrencies stack up in terms of features. Also, if you’re interested in the rest of the top 10, be sure to check out Quarkcoin vs. Megacoin vs. Protoshares vs. Worldcoin vs. Feathercoin.

Read full article (pros and cons for each of the top five)

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May 13

Rickard Falkvinge: BitCoin Bank “Loses” One Billion Dollars — Complete Knowledge Lacking

Categories: Money
Rickard Falkvinge

Rickard Falkvinge

Gox Goes Belly-up After Losing A Billion Dollars Without Noticing; Blames Fault In Corporate Bookkeeping Protocols

Cryptocurrency:  So it’s more or less official: MtGox, once the world’s largest bitcoin exchange, has died and taken all its holdings with it to the grave. This follows a long string of evasive statements, silence, and strange behavior from the exchange, particularly including bad customer service. The net is full of horror stories of people having lost their money, and claims of a “hack against the vault” are not credible in the slightest – here’s why.

Read full article.

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Feb 26