Holochain as the Infrastructure for Monetary Biodiversity
Discussion
Discussion
Cameron Burgess:
< " An economy that can only value what is scarce will keep destroying what is abundant to manufacture more scarcity. " >
- 'Current-sees': Money is not, first of all, a store of value; it is a way of seeing and directing flow.
This is the problem Holochain was built to solve.
1.
"A single national currency, optimised for large-scale trade, is extraordinarily good at what it does — and, like any monoculture, efficient but fragile, and unable to carry the kinds of value it was never designed for. Healthy ecosystems are plural; a resilient economy would be too. Not one currency, but many — national money for the trade and capital it already serves well, and alongside it the currencies it has no way to express: for local exchange, for regenerative work, for the trust between communities."
2.
"This is the problem Holochain was built to solve. Before it was infrastructure for anything else, it was infrastructure for currencies: a substrate for issuing plural currencies that measure real value and clearing between them, with no central mint, at the scale the theory always needed and never had. Everything that follows — the accounting engine, the mutual credit currency, the marketplace — is that substrate taking shape. And it reaches maturity as serious economics reaches for the same thing again: regenerative and bioregional finance, complementary currencies, the search for money that measures real value rather than only extracting it. The ideas are old and well-founded. What is new is that the coordination layer to run them now exists."