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The present and future of digital-community currencies: RAMICS 2019 in Hida–Takayama keynote speech
Evolutionary and Institutional Economics Review ( IF 0.6 ) Pub Date : 2020-07-01 , DOI: 10.1007/s40844-020-00177-y
Makoto Nishibe

In this paper, we consider what globalization means in the deepest sense and traced back the recent trends of socio-economic and technological changes in the 21st century, and try to figure out what is the new possibility of community currencies. Modern financial capitalism only seeking more profits in free investment creates such problems as disparities of income and assets, unequal opportunities, dissolution of communities. Modern community currencies emerged and diffused mainly in developed countries in the 1980s. They were expected to solve such problems caused by globalization in modern capitalism but never succeeded in terms of scale and sustainability because of high administrative costs and low motivation of participants. Recent digital technologies such as blockchain, mining, proof of work and QR code scanning that are used in digital payment and cryptocurrencies have opened up a wide range of non-fiat, decentralized private money and created new possibilities for community currencies. Such technologies have both positive and negative effects on natural, ecological and cultural environments surrounding us. They also have changed the basic concepts of a geographically ‘local community’ to a virtual ‘community of interest’ in value space. If we are aware of such aspects, we can make the best use of Digital-Community Currencies assisted by ICT and AI for creating a diverse, decentralized, and sustainable socio-economy. In diversity and evolution of money, the principle that ‘Good money drives out bad’ holds. We must find the criteria for ‘good money’ in terms of quality in a trial–error process through competition, because it is not as given.

中文翻译:

数字社区货币的现在和未来:飞弹高山的RAMICS 2019主题演讲

在本文中,我们考虑了全球化的最深层含义,并追溯了21世纪社会经济和技术变革的最新趋势,并试图弄清什么是社区货币的新可能性。现代金融资本主义仅在自由投资中寻求更多的利润,就产生了诸如收入和资产不平等,机会不平等,社区解体之类的问题。现代社区货币主要在1980年代出现和扩散在发达国家。他们被期望解决由现代资本主义全球化引起的这类问题,但是由于高昂的行政成本和参与者的积极性,它们在规模和可持续性方面都没有成功。最新的数字技术,例如区块链,采矿,数字支付和加密货币中使用的工作证明和QR码扫描开辟了各种各样的非法定,去中心化的私人资金,并为社区货币创造了新的可能性。这些技术对我们周围的自然,生态和文化环境都有积极和消极的影响。他们还将价值空间中的地理“本地社区”的基本概念更改为虚拟的“利益共同体”。如果我们了解这些方面,我们可以充分利用在ICT和AI辅助下的数字社区货币来创建多样化,分散化和可持续的社会经济。在货币的多样性和演变中,“好钱驱逐坏钱”的原则成立。在通过竞争的试错过程中,我们必须找到质量上“好钱”的标准,
更新日期:2020-07-01
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