Comments on: Money is Dead http://trustmojo.com/2006/07/12/money-is-dead/ People, Profiles & Trust Mon, 30 Aug 2010 23:53:10 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: world cup 2010 betting tips http://trustmojo.com/2006/07/12/money-is-dead/comment-page-1/#comment-54448 world cup 2010 betting tips Tue, 15 Jun 2010 07:01:37 +0000 http://trustmojo.com/2006/07/12/money-is-dead/#comment-54448 These are great articles, I really appriciate your work. These are great articles, I really appriciate your work.

]]> By: Christopher Allen http://trustmojo.com/2006/07/12/money-is-dead/comment-page-1/#comment-32 Christopher Allen Wed, 19 Jul 2006 16:31:31 +0000 http://trustmojo.com/2006/07/12/money-is-dead/#comment-32 I named it Unstructured Trust as a counterpoint to Structured Trust. Structured Trust is rational and logical -- you look at previous performance, make an estimate of risk, set some performance guidelines, see if the guidelines were met, lather, rinse, repeat. Unstructured Trust isn't quite so rational, parts of it are deeper in our consciousness. It is more of a intuitive feeling then something that can be teased out as being very logical. I've also heard it call monkeysphere trust. I named it Unstructured Trust as a counterpoint to Structured Trust. Structured Trust is rational and logical — you look at previous performance, make an estimate of risk, set some performance guidelines, see if the guidelines were met, lather, rinse, repeat.

Unstructured Trust isn’t quite so rational, parts of it are deeper in our consciousness. It is more of a intuitive feeling then something that can be teased out as being very logical. I’ve also heard it call monkeysphere trust.

]]> By: alex http://trustmojo.com/2006/07/12/money-is-dead/comment-page-1/#comment-31 alex Tue, 18 Jul 2006 21:15:19 +0000 http://trustmojo.com/2006/07/12/money-is-dead/#comment-31 Andie, thanks for the recommendation! I'll definitely check it out asap. Andie, thanks for the recommendation! I’ll definitely check it out asap.

]]> By: alex http://trustmojo.com/2006/07/12/money-is-dead/comment-page-1/#comment-30 alex Tue, 18 Jul 2006 21:14:07 +0000 http://trustmojo.com/2006/07/12/money-is-dead/#comment-30 Hi Joachim! I totally agree, when people are seeking money it is very often as a mean to gain further attention in society. I believe this type of attention is often sought in order to justify your existence i.e. by being recognized (given attention) I convince myself that I matter. Convertibility is a tough issue in an attention economy. If the attention economy were to become reality we would in a sense have returned to pre-monitary society with an intangible value system. Without attention being quantifiable any type of mathematical conversion of course becomes tough. Since attention might not be transferable (i.e. I can give you a dollar, I can give you my attention but how do I give you a certain "attention credit"?) I'm not sure conversion would even be possible. Would conversion even be necessary? Hi Joachim!

I totally agree, when people are seeking money it is very often as a mean to gain further attention in society. I believe this type of attention is often sought in order to justify your existence i.e. by being recognized (given attention) I convince myself that I matter.

Convertibility is a tough issue in an attention economy. If the attention economy were to become reality we would in a sense have returned to pre-monitary society with an intangible value system. Without attention being quantifiable any type of mathematical conversion of course becomes tough. Since attention might not be transferable (i.e. I can give you a dollar, I can give you my attention but how do I give you a certain “attention credit”?) I’m not sure conversion would even be possible. Would conversion even be necessary?

]]> By: Andie http://trustmojo.com/2006/07/12/money-is-dead/comment-page-1/#comment-28 Andie Tue, 18 Jul 2006 13:54:56 +0000 http://trustmojo.com/2006/07/12/money-is-dead/#comment-28 When you´re THERE, on spot in Silicon Valley, studying trust and a bit of corporate culture, I really recommend the chapters about Silicon Valley and Robert Noyce (one of the earliest valley semiconductor entrepreneurs) in Tom Wolfe's essay collection "Hooking up". Chapter is called something with digibabble and fairydust, don't really remember. http://www.amazon.com/gp/product/0312420234/ref=si3_rdr_bb_product/002-6717042-8472802?ie=UTF8 When you´re THERE, on spot in Silicon Valley, studying trust and a bit of corporate culture, I really recommend the chapters about Silicon Valley and Robert Noyce (one of the earliest valley semiconductor entrepreneurs) in Tom Wolfe’s essay collection “Hooking up”. Chapter is called something with digibabble and fairydust, don’t really remember.

http://www.amazon.com/gp/product/0312420234/ref=si3_rdr_bb_product/002-6717042-8472802?ie=UTF8

]]> By: Joachim http://trustmojo.com/2006/07/12/money-is-dead/comment-page-1/#comment-27 Joachim Mon, 17 Jul 2006 22:04:29 +0000 http://trustmojo.com/2006/07/12/money-is-dead/#comment-27 Hi Alex! I m not really familiar Goldhaber's position, but I spent much time considering the posibility that attention will one day replace money as currency. However, I think that it is save to say that the "second desire" money buys is very often attention. Of course attention is not always the universal attention that a popstar may get. Usually a bit of attention from the community one belongs / wants to belong to is quite satisfying. In a society based on the much more natural currency "attention" I see a problem with convertability. I believe that money can only be abandoned when the value of basic supplies such as food has become completely arbitrary (i'm not talking about haute cuisine, which very probably has a lot to do with attention). Thinking of the subsidized agriculture in Europe one could of course claim that this is already the case. Hi Alex!
I m not really familiar Goldhaber’s position, but I spent much time considering the posibility that attention will one day replace money as currency. However, I think that it is save to say that the “second desire” money buys is very often attention. Of course attention is not always the universal attention that a popstar may get. Usually a bit of attention from the community one belongs / wants to belong to is quite satisfying.

In a society based on the much more natural currency “attention” I see a problem with convertability. I believe that money can only be abandoned when the value of basic supplies such as food has become completely arbitrary (i’m not talking about haute cuisine, which very probably has a lot to do with attention). Thinking of the subsidized agriculture in Europe one could of course claim that this is already the case.

]]> By: alex http://trustmojo.com/2006/07/12/money-is-dead/comment-page-1/#comment-25 alex Fri, 14 Jul 2006 22:53:35 +0000 http://trustmojo.com/2006/07/12/money-is-dead/#comment-25 Hi Emil! <a rel=\"nofollow\" href=\"http://trustmojo.com/%5C%22http://goldhaber.org%5C%22\" rel="nofollow">Goldhaber</a> believes that seeking attention is a fundamental human character i.e. being human inherently makes one an attention-seeker. I can surely relate to this and think of many situations within society where humans are constantly seeking attention (e.g. pop-stars). The attention usually leads to power in one way of another in a similar way to how money leads to power today. An interesting thought though is that if you believe attention is by nature something humans desire then it is very different from money (which is something people seek as a method in order to fulfil a second desire). Attention in this sense becomes a \"natural\" currency having value both in society and in the self. Maybe! Hi Emil!
Goldhaber believes that seeking attention is a fundamental human character i.e. being human inherently makes one an attention-seeker. I can surely relate to this and think of many situations within society where humans are constantly seeking attention (e.g. pop-stars). The attention usually leads to power in one way of another in a similar way to how money leads to power today.

An interesting thought though is that if you believe attention is by nature something humans desire then it is very different from money (which is something people seek as a method in order to fulfil a second desire). Attention in this sense becomes a \”natural\” currency having value both in society and in the self. Maybe!

]]> By: Emil http://trustmojo.com/2006/07/12/money-is-dead/comment-page-1/#comment-24 Emil Fri, 14 Jul 2006 07:44:33 +0000 http://trustmojo.com/2006/07/12/money-is-dead/#comment-24 Very interesting idea, about attention being a currency, but a little hard to grasp. Maybe when we live in the post-scarcity economy it woulden't be attention => money but attention => power? or why should anybody even bother with trying to generate attention? Very interesting idea, about attention being a currency, but a little hard to grasp.

Maybe when we live in the post-scarcity economy it woulden’t be attention => money but attention => power? or why should anybody even bother with trying to generate attention?

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