The Peer-to-Peer Economy – Subscriber Newsletter

02/09/20159 Comments

In this week’s subscriber newsletter, James introduces some wacky Japanese holidays in the subscriber-only video and develops a model for the “peer-to-peer economy” in the International Forecaster editorial.

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  1. Jeff says:

    What an inspiring summary of this new era in human history. ‘Peer-to-peer Economy’ is a perfect handle for it. If we consider the economy as the enslaving chains of the masses (in concert with deep indoctrination), the Peer-to-peer Economy appears to be a very powerful agent, if not the locus of control in disengaging and ultimately dismantling the State by decentralizing its economic power into every individual within its domain… and all other domains across the globe. Perhaps once tipping points are reached where Peer-to-peer Economies have the advantage over the State ‘economies’, fiat exchanges will begin to disappear, people will begin to refuse fiat as tender, truly rendering State power as powerless. All of this simulataneously occuring with peer-to-peer technologies, such as in the energy sector, supplanting absolute dependencies on oil/etc. Many other dimensions to consider here, but this is all very exciting to me. Peer-to-peer appears to be the path of solutions. Open source everything sounds pretty damn good to me too.

    Great work, James. Looking forward to your book… sometime in my lifetime :).

    • Corbett says:

      Thanks for the feedback, Jeff. I agree it’s extremely exciting and all things being equal this technology could be used to truly empower free humanity…All things not being equal, however, I’m sure we’re in for a lot of twists and turns along the way. Anyway, I’m glad to see that you see the same vision for the potential of this change as I do.

      Don’t worry, I promise I’ll get this book out sometime in your lifetime. As long as you promise to live at least another 50 years. 🙂

  2. phillipsbri says:

    Hi James,

    Are you aware of Estonia’s E-residency plans?
    This could be a game changer and to my mind it’ll will allow SME’s to avoid high national taxes, putting them on a more equal footing to the multi-nationals, again allowing people to be more self-sufficient.

    Ps. This was a great article.


    • Corbett says:

      Thanks for the tip, Brian. I do follow Simon’s work bu didn’t see this article. I’m afraid I don’t have time to look into it at the moment but if you (or anyone else) can dig up some other links on this program (perhaps from the government itself) I’d really be interested to see them.

  3. bucky says:

    Hey James, about the holidays you mentioned. Setsubun (Feb 3) is the end of winter in the old moon calendar and Feb 4 is Rishun which is the first day of spring. So, the ‘out with the devils’ on Setsubun is an end of year custom to chase out bad luck so good luck can come in for the new year.

    Feb 11 is ‘Foundation Day’ because that is the day the Meiji Constitution was adopted back in 1889.

  4. jamesthethird says:

    Just been reminded of Jimmy Reid who passed away recently. His concept on Alienation was timeless. A speech of his in 1972 was brilliant.

    Just to give you a gist, here is an exert

    Society and its prevailing sense of values leads to another form of alienation. It alienates some from humanity. It partially de-humanises some people, makes them insensitive, ruthless in their handling of fellow human beings, self-centred and grasping. The irony is, they are often considered normal and well-adjusted. It is my sincere contention that anyone who can be totally adjusted to our society is in greater need of psychiatric analysis and treatment than anyone else.

    If you fancy seeing it all, it’s here

    I’m sure if he had the internet he would have been a ground breaker.

  5. lromert says:

    Great article, the change we’re undergoing is just mindboggling. Even if we assumed the next 10 years would be as disruptive as the last 10, it’s a huge change, but considering how information technology tends to feed on itself, I suspect next ten years will make the change of last ten years seem minor. Another reason for that is that we seemed to be somewhat stuck in one aspect: the ability to transfer wealth in an unrestricted fashion without middlemen. Without the monetary incentive, you’ll only get so far. Most people don’t like to work for free after all. Since the birth of Bitcoin and the blockchain technology, for the first time in history, everybody with an internet-connection can pay everybody else with one. Instantly, globally, tax free, unrestricted. From pennies to billions. And that is just HUGE, some even claim the blockchain technology is a more important invention than the internet itself (yes, it doesn’t work without Internet, but Internet doesn’t work without the invention of electricity and so forth)

  6. gregory.j.bell says:

    Sometimes we’re swapping old central control with new. Ebay is still a hub, with the power to regulate and censor. They’re still a gatekeeper. As is Amazon, and any new dominant player connecting peers.

    The big question is – who’s next? What dominant, centralised gatekeeping power remains to be upset by people DIYing? Government? Regulators, legislature? Law enforcement? Banking, credit? What about package delivery?

    Is anything requiring local or large scale infrastructure (roads, telephone/communication lines, ships, gas stations, airplanes) unlikely to be disrupted? I might’ve said universities were on that list a few years ago, and been wrong.

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