Re: [projectvrm] Facebook patents technology to help lenders discriminate against borrowers based on social connections

[Tom Crowl < >]

Finally (hopefully)... let me add this as it relates to VRM... which  I very much support:

I understand the concern re silos... but perhaps this will give something to think about:

The essence of the Pooled-User-Determined Account design is the separation between the "pool"... and the user information and payment designations made. In that sense its only the pool which is silo'd... while the user's info and designations can be individual... and only disclosed by the user should he/she choose to or as required by law... (as in certain forms of political contribution... which ironically don't seem to apply to big money)

Tom Crowl

http://CulturalEngineer.blogspot.com

On Mon, Aug 10, 2015 at 5:22 AM, Tom Crowl < " target="_blank"> > wrote:

Thanks Andy... let me add something very concrete which I could set as a proposal (rather than merely a discussion of theories and pie-in-the-sky ephemera):

I suggest a user-owned and/or non-profit Cash Card specifically designed for the very small web/phone based transaction particularly useful in charity, advocacy and journalism.

And I further suggest that it would be just peachy keen if some of these companies profiting from the nature of the "sharing economy" and evolving nature of work...

were interested in helping getting it built!

P.S. There are no hypotheticals here... this can be done. 

Tom Crowl

http://CulturalEngineer.blogspot.com

On Sun, Aug 9, 2015 at 8:18 PM, Tom Crowl < " target="_blank"> > wrote:

Andy,

I want to address briefly just a few reasons re how this might relate to the conference's central theme: "The Future of Work"

1. Citizens in an on-demand, decentralized economy with ever increasing amounts of transient employment will require methods for organizing and advocating for their collective interests vis-a-vis various levels of both government and employment... 

2. A single transaction network... which may also accommodate alternative currencies... especially localized currencies... is necessary for allowing and encouraging forms of local employment and trade which otherwise may be inhibited from development

3. Data relating to certain sorts of advocacy (perhaps especially as it relates to labor rights)... must be secure... since especially in such an environment of transient employment... unpopular opinions could easily be used against them by employers

Expect more to come... Its time I began focusing on the "why" for such a network... as opposed to the "how"... 

There's no question it can be done... And I'm sure this is just the crowd needing to hear about it. Though I may not win any popularity contests among some employers

 

Tom Crowl

http://CulturalEngineer.blogspot.com

On Sun, Aug 9, 2015 at 6:53 PM, Tom Crowl < " target="_blank"> > wrote:

Thanks Andy,

I put in an application for an invite... as for my answer as to how I heard about it... and why I would like to attend... the following:

How I heard about it:

"Andy Oram" 

And the why: "... re the relationship between: identity, scale, advocacy, the needs of the micropayment,... and the Internet's missing and neglected roles as a public landscape."

Naturally I don't have the $3,600 to attend... but nevertheless I look forward to hearing from them.

Tom Crowl

http://CulturalEngineer.blogspot.com

On Sat, Aug 8, 2015 at 5:17 PM, Andy Oram < " target="_blank"> > wrote:

I don't think this falls in O'Reilly's general range of topics (Internet of Things, programming, big data, etc.). We're not engaging in Governmet 2.0 work any more. However, we are starting a series of "Next" conferences. Check this out; maybe you are in line with it:

http://conferences.oreilly.com/next-economy/

Andy

On Sat, Aug 8, 2015 at 8:06 PM, Tom Crowl < " target="_blank"> > wrote:

Andy,

You have a pretty good idea what I'm up to... this is another reason why we need a system for at least some payments (especially one-click necessary for very low payment thresholds.... and handy for others as well)... which naturally has intimate connections to user identity and user data.

I'm convinced such an entity (and its data) should be independent of both the financial sector AND the social media data-collecting giants.

I also believe the same network should allow other currencies to eventually be utilized via such a user-centered and even perhaps user-owned network.

P.S. the real key to the power of my patented Pooled-User-Defined Account method isn't software design... but rather the design for the Trust mechanism.. which is a legal construct rather than a product of computer programming.

This Trust  design has had preliminary examination by Trust attorneys at Perkins Coie and is considered both very feasible as well as innovative and useful.

Its been seven years now... and I'd love to get some feedback from O'Reilly Media on the concept generally... leaving aside any particular method.

I remain convinced that the Internet micropayment (especially with volume) is not a trivial or inconsequential capability and needs attention.

This is now the third presidential election where this has been ignored... let alone implemented.

P.S. As I've also written this could also be done via an Interbank system... BUT SHOULD NOT BE... at least not initially. I believe the core of the network must be independent and public.

I'm not a programmer.... I'm not a businessman. But I am persistent... and maybe such an outside perspective is needed.

--

Andy Oram

Editor, O'Reilly Media

Boston, MA, USA 617-499-7479

@praxagora, plus.google.com/+AndyOram/, linkedin.com/profile/view?id=32803