I had a conversation with Rauel LaBreche on Frame of Reference, where we discussed the concept of community currencies, the shift from transactional to network-based economies, and the evolving perception of value within society. We also touched on the influence of blockchain, the rise of cryptocurrencies such as Bitcoin, and the changing dynamics of information in the digital age.
Our discussion also ventured into the challenges and potential advantages of personalisation, its impact on education, and the development of new rules of engagement in this changing landscape.
Here are some of the key points covered in the discussion:
● The idea of communal currency is introduced as a means of supporting communities rather than extracting value from them, with a focus on the financial industry’s role in community development and prosperity.
● The conversation highlights the ongoing digitisation of finance and its societal implications.
● The transition from transactional market economies to network-based economies is discussed, emphasising transparency and information symmetry.
●The need for the creation of new rules of engagement in this evolving financial landscape is emphasised.
● There are concerns about societal disruptions resulting from the freedom of information and the growth of AI.
Listen to the episode:
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