I believe that the human society is held together by bonds. Just like intangible social networks, we are all connected. Tree roots are connected. Brain cells are connected. When they are not connected all those systems breakdown. I think our economy should also be connected, bonded, constantly transacting, interdependent, to maintain a structure of society that is constantly interacting, exchanging value, recognizing that we cannot live with each other.
That we cannot live with each other.As long as our economy would be transactional, disconnected, competitive, we will not achieve friendship, trust, and a coherent sustainable society.
For me there is some thing infinitely reassuring to see the exact price of gasoline before I plug the device in my vehicle, and I can see exact amount of money being transferred as exact amount of fuel is being transferred to my vehicle. It gives me a very strong sense of trust and transparency independence with the system. My machine is connected to the system and thereās no malicious magic that is happening.
I think this idea that I had in 2008 is possible to build with the advances in computer sciences in 2022.
We can build the MONIAC digitally and secure it on the blockchain
Photo byĀ Kulmalukko, Wikipedia.Ā English:Ā MONIAC - a machine using water to model money/economic processes. Science Museum, London. 7 August 2018
TheĀ MONIACĀ (Monetary National Income Analogue Computer) also known as theĀ Phillips Hydraulic ComputerĀ and theĀ Financephalograph, was created in 1949 by theĀ New ZealandĀ economistĀ Bill Phillipsto model the national economic processes of theĀ United Kingdom, while Phillips was a student at theĀ London School of Economics(LSE). The MONIAC was anĀ analogue computerĀ which usedĀ fluidic logicĀ to model the workings of an economy. The MONIAC name may have been suggested by an association ofĀ moneyĀ andĀ ENIAC, an early electronicĀ digital computer.
And had this image in my mind, that sentence in my mind āwe become siblings when we drink from the same motherā. When we are born we do not know that we are of the same kin. It is only because we need to survive by sharing and competing for resources to build a lifelong bond . Image source.
I am seriously interested to develop this technology. I could see it being very useful to transact energy and money on a secured network.
Itās this tweet that prompted me to dig for my old work archive:
And also reminded me of chaos theory and the lyrical Tom Chi
Also see some political theory