- From: Adrian Hope-Bailie <adrian@hopebailie.com>
- Date: Thu, 10 Nov 2016 11:05:03 +0200
- To: Interledger Community Group <public-interledger@w3.org>
Received on Thursday, 10 November 2016 09:05:36 UTC
No matter what side of the US election you stand this is an interesting read regarding free movement of value: http://qz.com/832998/the-case-for-free-trade-open-borders-and-the-new-global-economy/ I especially found this quote interesting in the context of the bootstrapping project: "Digital communications and decentralized financial platforms offset the ability of any individual leader to block the movement of ideas and trade." I have heard many opinions about the future of payments globally that predict a tendency toward fewer currencies but I believe those are driven by old fashioned preconceptions about the challenges of interoperability in value exchange. In my mind, a more likely outcome is highly efficient interoperability between an increasing number of currencies and communities (regional, national and global) so that everyone is free to hold value in whatever form they wish (possibly even a community currency that has limited distribution) but still spend that freely trading with others anywhere in the world. I'd be interested to hear others thoughts on this and how ILP might play a role here.
Received on Thursday, 10 November 2016 09:05:36 UTC