Promise theoretical analysis of
Money and the scaling of economic interactions
"A must read for anyone
designing intelligent digital currency"
--Mike Warner
Senior Strategist, San Francisco Federal Reserve
The purpose of this work is to provide a technical description of
money as a network technology. This may help us to understand the
role of monetary forms and currencies in the modern world, from
microcurrencies to smart contracts, smart environments, and other
collaborative networks.
- This book is free to download, or buy in a more convenient and attractive format for a nominal price.
- ORDER A COPY
- Download PDF
- Summary of the main points in Money and Ownership, as an application of promise theory
Commentary and essay overviews
"A must read for anyone
designing intelligent digital currency"
--Mike Warner
Senior Strategist, San Francisco Federal Reserve
The purpose of this work is to provide a technical description of money as a network technology. This may help us to understand the role of monetary forms and currencies in the modern world, from microcurrencies to smart contracts, smart environments, and other collaborative networks.
- This book is free to download, or buy in a more convenient and attractive format for a nominal price.
- ORDER A COPY
- Download PDF
- Summary of the main points in Money and Ownership, as an application of promise theory
- Banks, Brains, and Factories
How rich information alters the economics of cooperation and work
Initial essay leading to an interest in money as a technology - Brains, societies, and semantic spaces -- When spacetime itself becomes smart (How the economy approximates a cognitive system)
- The Economics Of Small Things (How scale can make us wise and stupid)
Trust and scaling
Related to this, we have made some notes about blockchains and cryptocurrencies and their limited views of money:
- How shall we live? (Summary of trust project)
- Local and Global Trust based on Promises
- After The BlockCloud Apocalypse (New Security Paradigms Workshop 18)
- Detailed analysis of cognitive processes and applicability to societal processes (see paper 3 and city scaling work)
Instructional videos on PT
I am always interested in connecting with technologists and economists in this area for discussion and collaboration, to learn and to develop this work further. Eventually, I hope to scale these observations to develop a modern probabilistic theory of economics, that addresses the deficiencies of the quasi-deterministic differential models currently used by mainstream economists.