2 Comments

Alan--

This is a nice summary of how crypto-currencies misconceive of what they represent as their core innovation.

I decided a few years ago that crypto-currencies must be some kind scam, but there seems to be an appetite for some alternate to national currencies, and that got me to thinking: what if you could develop a currency scheme that helped the economy deal with the problem of unpriced negative externalities. I work in the renewable energy industry, and so I'm particularly interested in decarbonizing our energy systems. I had an idea that I summarized here:

https://www.researchgate.net/publication/356732546_Industrial_Currencies

I'd be interested to hear your thoughts. I contribute occasionally to Arc, so we should be able to connect through this platform if this actually piques your interest.

I'm glad you published your article at Arc.

Jeffrey Quackenbush

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