Reader for Digital Currency Design

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* Book: Alternative Currency Adaptor, the DYNDY Reader for Digital Currency Design. Jaromil and DYNDY, 2013

URL = https://files.dyne.org/dyndy/

Description

Jaromil:

"After a selection of the best pieces that we have humbly put together to date and together with a most welcome contribution from Prof. Adam Arvidsson, the result is AC-Adaptor or Alternative Currency Adaptor, the DYNDY Reader for Digital Currency Design. True, the theoretical and political reflections emerged in more than three years of conferencing, networking and study had brought us to crossing the threshold with the real socio-economy. Designed around a ‘lean user experience’ methodology, D-CENT is a project that will create a virtual pan-European Collective Awareness Platform hosting tools for aggregate democratic decision-making to the benefit of social movements in Spain, Iceland and Finland. On top of the CAP, a second pilot on Social Digital Currencies will see Freecoin – a Bitcoin based client for customizing the genesis block in order to issue alternative and complementary digital currencies while adding tailor made modules conditioning the currency and communicating with the blockchain, and Threadgate – a geo-localised market place for the horizontal exchange of value among D-CENT users.

AC-Adaptor is both the end of the theoretical era of DYNDY and the beginning of the application and testing of DYNDY findings, belief systems and design principles together with socio-economic values and novel governance constituencies for making this a better place. Conscious that DYNDY does not have the solution to all money problems of this world in its pockets, we nevertheless continue to strive, self-reflect, put to trial and share what we consider to be the tools that will unavoidably replace the ones currently dominating monetary life and impairing our Freedom of Economic Interaction worldwide (only in this sense the global crisis is a desirable event).

Through D-CENT, we are going to put in practice with energy our advocacy for an explicit participation of society at large – the Multitude – to the decisions that mostly affect individuals in Europe (and worldwide) today, ie user data protection and privacy at the service of P2P monetary transactions in transparent circuits of mutual trust. This is the first building block for avoiding by design the hubris of speculation and utility maximization at all costs (as for the core of single-currency thinking) in favor of a polidoxy in human-friendly money and payment systems design for the creation of a G/Local multi-currency system co-owned and co-managed by the users." (http://www.dyndy.net/2013/11/dyndy-reader-ac-adaptor-0-8/)