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els

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Mar 23, 2009, 5:51:46 AM3/23/09
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from https://www.blogger.com/comment.g?blogID=8737138830085975606&postID=7765369413410846291

Not being familiar with the Flow language, I can really comment on the
last part. IMO, the goal of a currency unit is simply to reduce a lot
of subjective aspects of exchanges to an objective measure (shared by
all participants in the system), with the goal of optimizing supply/
demand. Obviously the last part requires some form of aggregation, and
in current monetary systems, this function is performed by the central
bank. But the advent of publication-oriented accounting systems could
change that.

els

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Mar 23, 2009, 5:52:34 AM3/23/09
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Alan Rosenblith said...
I fully support the "advent of publication-oriented accounting
systems." However, taking as a cue the work Arthur Brock and Eric
Harris-Braun have done, I am no longer looking at currency as being
limited to the function of exchange. Their insight was to unify such
diverse social phenomena as money, voting, reputation, task
management, and so on in one over arching framework describing flows
within social systems. This is what the flow language is all about (at
least as I see it). It is the details of this language that this blog
is trying to hash out. I think this language includes but is not
limited to everything you said. Thanks for the comment!



On Mar 23, 2:51 am, els <sioso...@hotmail.com> wrote:
> fromhttps://www.blogger.com/comment.g?blogID=8737138830085975606&postID=7...
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