Moderator, Treatment Free Beekeepers group on Facebook.
https://www.facebook.com/groups/treatmentfreebeekeepers/
Moderator, Treatment Free Beekeepers group on Facebook.
https://www.facebook.com/groups/treatmentfreebeekeepers/
Michael Cox wrote:Or as a clearer specific example: Let say I'm a brick layer. I trade with other people in my close circle; the cement maker, the brick maker, maybe the site foreman. We like working together so we decide to agree our own special unit of currency. This works out fine for a while, right up until I decide to take a holiday and cash in my money. I suddenly discover that people outside my circle of trusted compatriots don't value our money. I can't buy tickets, book hotels, eat at restaurants. I may know - for example - that 1 unit will exchange for one hour of labour (or what ever metric you decide) but the outside world simply don't care. A hotel owner in some distant city doesn't care that my unit is worth an hour of Bob's time.
So for any permaculture currency to be viable it has to overcome the same basic rules that any currency does. It has to be widely accepted and easy to exchange for items of value. Until a permaculture currency does this I struggle to see how there will be a solution better than using a standard cryptocurrency (or normal currency!).
Mike Brunt wrote:there are some scalability issues with Bitcoin and as many have pointed out it is quite energy intensive with "mining" etc
Kyle Neath wrote:As of right now, Bitcoin uses about 50KWh of electricity per transaction
Mike Brunt wrote:
Ever since I heard-read of Ethereum and Blockchain I have become convinced that as permaculture is worldwide and not under the influence of any one government, we could really use and benefir from a Blockchain based value exchange mechanism of some kind. Back in 2014 there was a fairly big splash around "Permacredits" then it all seemed to fizzle out quite rapidly; so I have two questions.
Does anyone know what happened to Permacredits?
Secondly do you know of any Blockchain based mechanism that would be good for permaculture?
Mike Brunt wrote:
Mike Brunt wrote:
Ever since I heard-read of Ethereum and Blockchain I have become convinced that as permaculture is worldwide and not under the influence of any one government, we could really use and benefir from a Blockchain based value exchange mechanism of some kind. Back in 2014 there was a fairly big splash around "Permacredits" then it all seemed to fizzle out quite rapidly; so I have two questions.
Does anyone know what happened to Permacredits?
Secondly do you know of any Blockchain based mechanism that would be good for permaculture?
I am just reflecting back on this, 5 years later; Bitcoin is still largely unchallenged, China basically tried to kick out the miners and many dispersed to different geographical locations, the USA got quite a few. What we are now seeing is a coming together of power-producers and Bitcoin "miners". More pointedly, our fiat monetary systems are crumbling and I still feel it could be very advantageous to have a decentralized value exchange and governance mechanism for our Permaculture-World, beyond fiat and corrupt governments.
~Karen Lee Mack
Moving to south Georgia FALL 2024!!
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