Tom Greco’s excellent presentation, Disruptive Technologies are Making Money Obsolete, (15 min video), motivates this post.
Disruptive Technologies may be the primary driving forces for significant, longterm, societal transformations. Within Up2Met (UPLIFT to Cultural/Societal Metamorphic Emergence) these same technologies are constructive and often foundational.
I now comprehend Tom’s quality promotion of the conceptual scheme for an alternative, exchange/financial system (free of exploitation), as a technology for communities, to which he as contributed much in its development. IF, it would succeed (as digital photography replaced film photography), it would be disruptive and certainly lead to a cascade of change, leading to a massive transformation of global humankind. I cannot say that this cannot happen, in these turbulent times of negative-disorder and positive-chaos.
In that this new idea, it appears, has yet no useful brand name, I will use Alt-Exchange or AE. I don’t think the terms “money” or “finance” should be used. AE and AI go together. [Maybe AI should be for Alt-Intelligence.]
AE may be unique, as a disruptive technology, in that EE (Established Exchange) is the primary tool of the power elites. EE will not go quietly to AE.
The espisteme of Hunting/Gathering Tribalism was absorbed by the episteme of Agricultural Based Civilization; and continues to be a sharp thorn in any move towards sustainability or stability.
Is there a way EE can absorb AE? Politics/Governance are mechanism EE uses to attempt “control”. Governments (lobbied by EE) could outlaw AE.
Have you recently noticed the absence of customers in most banks? And the new automated stations and severe reduction of human tellers? There is an emergent War on Cash, as well as dynamic CyberCurrencies. How will AE survive in this competitive rush?
The strength of AE is in its association with real/concrete pers(ons) and org(anizion)s. This “localization” can’t compete with larger societal entities, unless they are also “organized” at societal levels. I speculate that an AE movement can become disruptive ONLY if they can emerge a global sysnet of AEs. Tom, is this underway?
Long ago I coined a slogan: Exemplars Never Become Mainstream on their Own Merits. An innovation must do more than “go viral” in cyberspace; it must become “integral” to a sysnet (system/network) of human persons – who improve and promote the innovation.
Also, the tranformative success of of an innovation is usually NOT the solution to an old problem, that is its initial challenge. Rather, the innovation opens the gate to the emergence of nu paradigms and epistemes, leading to systemic changes well beyond the application of the innovation.
What changes in human relations and organization, well beyond exchange, might AE catalyze in populations using AE? I make the same query for innovations in alt- food, energy, construction, business, education, etc. None can become globally transformative on their own merits.
This calls for WHOLE systems exploration. The systems of the innovation are not enough. Traditional “systems science” is limited because it ignores the “human contexts” of all systems.
HOWEVER, AE is essential to the success of Up2Met. What variants of AE emerge within Up2Met will be exploitative and experimental. This would best be done as an AE for an emergent nu human system, for its internal viability – and not in competitive warfare with societies dependent on EE.
If a sysnet of AE is to “defeat” powerful sysnets of cabals using EE, they must be better organized and more competent. This “condition for tranformative success” can only emerge in relative isolation from opposition.
Up2Met, is a conceptual scheme for alt-change; , alt-to-transformation. The early behavioral activities re AE may be indistinguishable under transformation or emergence; they will be distinguished by the cognitive contexts behind the behaviors.
A rough scenario for when Up2Met “confronts” EH (Established Humankind) can be found in THIS GREAT DAY.