We’re on, what, 3.1?
March 5th, 2010 admin
[ Dave Birch ] if you have a few minutes to spare, you might enjoy this YouTube video of Douglas Rushkoff talking in New York in November 2009. He says that the “operating system for money is obsolete” and gives a rabble-rousing (I mean this in the best possible way) call for monetary revolution to which I am not at all unsympathetic. He says that money is broken and that we need a more local, more distributed future. I won’t spoil it for you, nor will I mention that I regard some of the monetary history as a little vague. Douglas’ theory that current monetary arrangements date from the renaissance when local currencies were eradicated in favour of the “King’s currency”…
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[ Dave Birch ] Bernard Lietaer is an economist and former central banker who is well-known as a leading thinker in the field of alternative currencies. He spoke on the Future of Digital Money at the Digital Money Forum back in 2002 when we gave copies of his book ” The Future of Money: Beyond Greed and Scarcity ” to the delegates. He...
[ Dave Birch ] Fascinating evening debating the future of money with the members of the Real Time Club . I had a great time, was kept on my toes and forced to think hard and fast by Malcolm Cooper and the assembled throng. I certainly learned that in future I have to think things through a little better, but it is enjoyable being challenged in this...
[ Dave Birch ] I just filled out my US customs form, sitting on a plane heading into JFK. I ticked the box that said I had less than $10,000 in cash or in monetary instruments (I’m not sure what those are, but I didn’t have any). But I did have a splendid new pre-paid card that I was planning to test in US terminals as part of a project...
[ Dave Birch ] I had a couple of queries from journalists about the up-to-date statistics for payments in the UK, so since I went and looked them up to be exact, I thought I’d share the answers with everyone. Here are the questions I was asked following being quoted in The Telegraph and The Times over the last month. First of all, how much...
The European financial crisis has sent shockwaves through the global economy and has a number of ramifications for the international trading sector, especially souring products from China via ecommerce platforms. However, like in all things, there is a silver lining for many companies, particularly from the US, who can take advantage of the situation....
[ Dave Birch ] I wonder if this means something. In the last couple of months I’ve been invited to a couple of meetings where the topic of alternative currencies and wind power (and other renewables) has come up. I’m starting to think there might be something in this. One of the problems that windpersons have to deal with is that they...
Nike has made quite an impact with its new “Write the Future” campaign . Although not an official World Cup sponsor, Nike has successfully linked themselves to the event by cleverly aligning the brand with top footballers like Wain Rooney, Christiano Ronaldo and Fabio Cannavaro. The video looks at how the performance of these players...
[ Dave Birch ] Henry VIII is quite famous to many people, primarily because of his ground-breaking approach to marriage and his pioneering work on interfaith relationships, but he’s famous to me because of his economic incompetence. Like a great many dictators throughout history, he mistakenly thought that the laws of supply and demand could...
[ Dave Birch ] Is it immoral to pay someone in cash? At Mobile Money Services in Africa in Johannesburg, Brian Richardson from Wizzit said that he refuses to pay anyone in cash, from employees to domestic staff. This reminded me of a conversation at a bank a few weeks ago. I was talking about Faster Payment Service (FPS) and I mentioned that I’d...
[ Dave Birch ] Dr. Thaer Sabri is the Managing Director of Flawless Money and has spent more than a decade in the electronic money industry in a regulatory capacity as well as product management and business development. Thaer worked at Mondex International and beenz.com before founding Flawless Money. He is Chief Executive of the Electronic Money...
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