We recently wrote about the plethora of virtual and alternative currencies which are popping up around the world. From hyper-local denominations that help facilitate transactions in a specific community to digital money that gets you goods and services online, people are warming to the idea of decentralized money.
The Wall Street Journal recently produced a fascinating video covering this new world of peer to peer finance which features Hub Culture’s Ven, which can be used both online and off.
Watch the video below
Image from The Plethora.Within Project
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That is a great video from Andy over at WSJ. Stan Stalnaker makes a great point in it discussing how the Internet has broken down the old world of big money into “personal sized” currency for everyone. It would be great if in a few years there were thousands of ‘branded’ currencies and personal currencies circulating on the web.
Mark
http://www.twitter.com/dgcmagazine
September 20th, 2009 at 8:28 am