That’s probably the least of your worries, tbh. It’d be like missing the bottom screen of a 3DS.

We probably wouldn’t name them until they had reached a certain age

We know how good they are at combing-over.

I can’t explain why, but it looks like a space ship.

Added some links to my original comment.

It’s not instead of central currency, but in addition to it.

The advantage is that businesses can transact with less conventional liquidity so they don’t have to rely on bank loans. This allows them to charge less to customers who use the local currency.

In the long term, this makes money [in general – both kinds] move slightly faster within the local market, which makes the money [both kinds] more valuable [within the community]. And since the money [again, both kinds] is staying in the local market, the community’s wealth is less likely to be drained by external speculators.

I think Rushkoff’s notion was that new local currencies would be in addition to central currency. It just allows businesses to give a discount to transactions that will keep the wealth inside the community.

It’s a neat idea, I just don’t know how you would protect it from financial services turning it into yet another abstract tradable asset that undermines the original purpose.

Doug Rushkoff had a talk where he called out local currency as a thing he’d like to bring back from the medieval.

Exclusive to the community, and only valid for a short period of time, so you can’t hoard it or siphon the wealth to another community.

Edit:

Found a blog post about it: https://archive.rushkoff.com/articles/local-money.html

It doesn’t say anything about it being temporary, although he does mention that in his talk here: https://www.youtube.com/watch?v=rRWzOdUiqQE

As an able-bodied neurotypical 30-something straight white cis male with a suburban middle class upbringing and an office job, I don’t participate in identity politics.

Constant Comment

Or maybe an abbreviated hash of the text of their specifications?

Why are you booing them? They’re right!

It’s not even piracy though. I never saw anyone torrent Windows_XP_Home_Cracked.iso and go “Hey guys, check out this operating system I made!”

Pirating Windows for your own personal, private use, which will never directly make you a single dollar: HIGHLY ILLEGAL

Scraping your creative works so they can make billions by selling automated processes that compete against your work: Perfectly fine and normal!

Comments here: “Yeah right, I’ll believe it when they explain how.”

Article: literally has a section explaining how

Edit:

Replies: “Yeah, but that’s just a summary. I’ll believe it when they explain in full detail.”

Article: literally has a link to the detailed explanation

Silly goose, you don’t own Windows — you license it.

If Miyamoto is succeeded by someone with Gabe’s pro-consumer philosophy, Nintendo could dominate.

Sony and Microsoft are too busy doing the private equity playbook.

It is kinda brilliant though, the way they set it up.

If you don’t like the joke, you can always fall back to the meta level: this is a 40-something dad recalling how dumb and cringe-worthy he and his friends were in their 20s.

Interacting with people whose tone doesn’t match their words may induce anxiety as well.

Have they actually proven this is a good idea, or is this a “so preoccupied with whether or not they could” scenario?

Steam is so funny.

Buying there instead of pirating is a joy, the ads actually feel like a benefit instead of a punishment, the analytics seem to be aimed at saving me time by highlighting stuff I’ll like instead of gaslighting me into emptying my wallet…

The result is:

I buy lots of games, watch lots of ads — share ads with friends even — go out of my way to give them more analytics data points, and trust their recommendations enough to shell out $2.99 for something on sale after only 10 seconds of research.

Why are other companies not able to follow Steam’s approach?

So, literally the story of the actual Luddites. Or what they attempted to do before capitalists poured a few hundred bullets into them.