Value flows

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planted: 22/08/2021last tended: 20/12/2021

Flows of value beyond monetary.

Conventional money, as designed and used, cannot express important types of value

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Other flows of value that we care about: e.g. ecological flows, the social relationships of gift economies, people’s contributions to commons.

Dollars, euros, and other state currencies don’t let us see the flows of value that matter most — ecological flows, the social relationships of gift economies, people’s contributions to commons.

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1. Flows?

"As a society, we have a pretty good understanding of objects and how to manipulate them, but we’re not as good with flows," says MetaCurrency project founder Arthur Brock.

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2. What are some value flows?

  • e.g. within a community
    • social contributions
    • reputation
    • work performed
    • care work
    • community sentiment
  • ecological flows (what does this actually mean?)
  • the social relationships of gift economies
  • people's contributions to commons

3. DisCO flows of value

DisCOs have something to say on value flows: Reimagining the origin and flows of value.

  • Livelihood work: productive market value (the DisCO’s goods and services are paid for);
  • Love Work: productive pro-bono value (the commons created through self-selected volunteer work);
  • Care Work: reproductive work value (towards the collective and among its members, see above).

4. Implementations

  • ValueFlows as a formal protocol for describing and tracking these other flows of value.
  • Holochain?

In other words, the Holochain protocols would function as a grammar for the system, or language for building apps that name flows of value within a community, such as social contributions, reputation, work performed, care work, even community sentiment.

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5. Elsewhere

5.1. In my garden

5.2. In the Agora

5.3. Mentions

Recent changes. Source. Peer Production License.