Open michielbdejong opened 2 years ago
Credit Tree vs Credit Mesh is an important topic. Interledger and Credit Commons take a tree approach. LedgerLoops and Komunitin take a mesh approach.
Mentioning Credit Commons in my Network Ledger Technology blogpost: https://github.com/michielbdejong/michielbdejong.com/commit/72e6dd069d50e858f230af32a88c518beaaed7b7
https://www.youtube.com/watch?v=1koUpspA1jw&t=1265s "it's clear that nobody actually wants to own credit as an end in itself"
This is my tracker for notes while reading https://groups.google.com/g/network-money/c/iJ8p7dJZ4GA
We already talked about Federated LETS with Esteve / Komunitin last year, and I think it's definitely an important direction for Federated Bookkeeping.
I should also update https://michielbdejong.com/blog/21.html to mention it, especially since in historical perspective, https://creditcommons.net/assets/credit-commons.pdf was developed 2008-2016 so it predates LedgerLoops and Interledger in some important ways.
I love the statement about capitalism seeing "money as merchandise" in https://creditcommons.net/assets/credit-commons.pdf (page 5) and the distinction between "exchange rate" and "conversion rate" for currencies, emphasising that credit should not be treated as merchandise.