Closed Currencies

What about something like an invite-only currency system, something like a closed darknet or whatever the vogue term is now for a group of bittorrenters or similar who share files only with people they know or trust.

The files they exchange are, in effect, a system of measuring value. Trading files is a form of exchange after all, bartering. The old days of FTP mp3 servers where you had to upload so many new files in order to download anything.


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One Comment

  1. Posted September 5, 2008 at 6:29 pm | Permalink

    http://en.wikipedia.org/wiki/Shelta_language

    Shelta (also known as Gammen, Sheldru, Pavee, Caintíotar or simply “The Cant”) is a language spoken by the Irish Traveller people. It was often used to conceal meaning from those outside the group. The language is found throughout Ireland, but is more concentrated in the south-east part of the country.

    Shelta is a cant originally based on Irish with some English influences. Because Shelta originates from older versions of Irish, it was originally part of the Goidelic branch of the Celtic language family. However, its syntax is now primarily English based and has been heavily influenced by other non-Celtic languages./blockquote>

    Control over codes [semiotic sense] residing in privately-held institutions making decisions which affect the rest. Microsoft putting out OS in obscure tribal languages and result legal disputes.

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