Re: [ox-en] There IS such a thing as peer money
- From: "Patrick Anderson" <agnucius gmail.com>
- Date: Sun, 14 Dec 2008 17:06:06 -0700
Marc,
At http://p2pfoundation.net/P2P_Social_Currency_Model#Anti-Dumping_and_Anti-Monopoly_Caps_for_Energy_Production
you say:
"'There may need to be a cap put in place on how much energy a given
party can produce so as not to allow one party or few parties to pump
so much energy into Peer Grid as to bring energy price down for all
other producers.'"
Then, at http://p2pfoundation.net/P2P_Social_Currency_Model#Energy_Price_Regulation
you say (in shortened form):
"'This value of Peer Dollar is regulated relative to the value energy,
so that as energy becomes abundant its price will drop ... while
preventing speculative boom and bust cycles from making the price of
energy ... drop too low (in periods of low demand) as to make energy
production economically unfeasible.'"
Does this mean you are designing a *scarcity* based model?
There is something fundamentally wrong with a strategy that cannot
endure the *abundance* we seek.
Capitalists want prices to keep price above cost, for that is the
definition of profit, but I very much doubt that is a goal of Peer
Production or "self unfolding".
Sincerely,
Patrick
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