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LurkingPenguin | 4 years ago

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Guest42|4 years ago

Personally, I get tired of the apples to oranges comparisons whereby bitcoins and blockchain have the same feature set as currency and banks.

Also get tired of the aspirational rants of how it is going to fix supply chains and offer banking to the underserved communities. And yes, I understand banking, supply chains, and crypto enough to know that that will never happen.

beckman466|4 years ago

> Also get tired of the aspirational rants of how it is going to fix supply chains and offer banking to the underserved communities. And yes, I understand banking, supply chains, and crypto enough to know that that will never happen.

agreed. have you heard of hREA [1] and http://valueflo.ws, led by Bob and Lynn from http://mikorizal.org, and others? it's sort of an open source SAP alternative designed as local-first networked software. "Radically distributed supply chain systems". it uses the REA accounting method [2] to implement LETS and mutual credit type economic networks for cooperatives / small business ecosystems / commons based peer production / any transitional/solidarity economies.

Bonfire is also implementing the Valueflows vocabulary on ActivityPub [3].

[1] https://github.com/holo-rea/holo-rea

[2] http://www.jeffsutherland.org/oopsla97/haugen.html

[3] https://bonfirenetworks.org/