Top Tweets for #ClearingUnion
@networkcoin @TiberiusB @mbauwens @iang_fc @willruddick I invented global paperless transaction registration (in unique time order) in 1998/2001 (appropriated by global exchanges). Key was/is P2P transaction permissioning/trust via mutual market user agreements & risk assurance cf Protection & Indemnity (P&I) Clubs #ClearingUnion
@AndreasSteno A BRICS credit #ClearingUnion works: shared invoice/IOU ledger; mutual Protection & Indemnity (P&I) Club assurance of performance; platform service provider. A transitional BRICS CH4 credit/IOU currency & unit of account (energy standard) @wor @dilgreen
@innov8tor3 @rajprasad3251 @mbauwens @wesfree @Atotsm2 @tomazgreco @WallWriter1 @DamoAldcroft @john_turmel @EddieC_Tweets @Dave_Wolf @matslats @artbrock @fer_ananda @metacurrency @grassEcon @wor Mutual credit within the right mutual #ClearingUnion legal design will make crypto and fiat redundant @wor
@mikeriddell62 @Suitpossum But how to get there from here? My #EnergyFirst approach to creating Viable #SystemsforLiving virally at scale is: define communities of place by energy use; shared energy ledgers; Stripe-style #NewClear transaction engine; nested mutual #ClearingUnion agreements @wor @dilgreen
@Frances_Coppola @izakaminska Bingo. Crypto 1.0 is null value tokens cf memorandum tallies. Crypto 2.0 is crypto bills/invoices issued locally (Treasury), managed (Mint), accepted, registered (Exchequer/shared ledger), assigned, returned (cleared) with mutually assured performance #ClearingUnion agreement
@innov8tor3 @T_Fleischman @cicollaboratory @sourcecred @grassEcon 1/2 Mutual credit concerns mobilising spare capacity. The risk is failure to perform by supplying goods & services for which promises/credit obligations may be presented in payment. A #ClearingUnion agreement must therefore provide for writing off or making good non-performance
#GISPboard member Jan Kregel's new policy brief argues that increasing acceptance of electronic currency offers an opportunity to remake the international financial system.
#Keynes #BrettonWoods #ClearingUnion
https://t.co/Hx0VKtZGVO
#GISPboard member Jan Kregel's policy brief argues that increasing acceptance of electronic currency offers an opportunity to remake the international financial system.
#Keynes #BrettonWoods #ClearingUnion
https://t.co/Hx0VKtZGVO
#GISPboard member Jan Kregel's new policy brief argues that increasing acceptance of electronic currency offers an opportunity to remake the international financial system.
#Keynes #BrettonWoods #ClearingUnion
https://t.co/Hx0VKtZGVO
#GISPboard member Jan Kregel's new policy brief argues that increasing acceptance of electronic currency offers an opportunity to remake the international financial system.
#Keynes #BrettonWoods #ClearingUnion
https://t.co/Hx0VKtZGVO
@AkikoOgawa7 @innov8tor3 @seedshareapp @dilgreen 2/2 Value flows are monetised via issue, assignment, return of credits (promises) in payment for food, bio-energy, bio-materials. Mutually assure performance by #ClearingUnion P&I agreement eg https://t.co/1U7NB1o26Z for shipping risk. Shared ledger accounting (NOT blockchain)
#GISPboard member Jan Kregel discusses problems posed by #Nationalism to #Globalization then looks back to the breakdown of the gold standard and Keyne's proposed clearing union for possible answers.
#GoldStandard #Keynes #MonetaryTheory #ClearingUnion
https://t.co/UJe1tQXRbl
@RomanchukBrian @GrkStav There are hundreds, if not thousands of apps and services competing in this space. The requirement is for a simple generic non-proprietary mobile-resident #NewClear utility. A value messaging/transaction engine within a top level payment domain & #ClearingUnion protocol
@pesa_africa Shares are pretty illiquid instruments. Better to issue credits returnable in payment for supply, I think, within a mutual assurance (P&I Club) society/chama agreement #ClearingUnion
A new system to bypass the #dollars and continue trading with #Iran? One more step and we'll finally establish the #clearingunion that was originally conceived by #Keynes
#NoSanctionNoWar
@NedNL @katiecannon2 @SantiagoAuFund I'm familiar with it. What real bills lack is a distributed globally applicable networked #ClearingUnion trust framework NB Blockchain is not that framework - at least not the Blockchain protocol as we know it
Good post. Global credit clearing requires trust & unit of account. Now US as trust intermediary issues credits (promises) where $ represents a -ve. We need mutually assured global (P&I) Club #ClearingUnion agreement for credits issued by anyone where $ represents +ve energy unit https://t.co/JaV2pyvnbs
The US dollar is not only the most traded currency in the world but its use has increased since 2013 from 87% to 87.6% of global transactions.
Could China really kill the US Dollar supremacy?
https://t.co/PVRTGjAWxQ
@JoshCrumb @LukeGromen I reckon a global trade credit #ClearingUnion is needed. Questions are in what unit of account credits should be denominated & what should be the trust framework/backing
Future is not collectives but clubs - particularly mutual assurance 'guarantee societies' (P&I clubs) #ClearingUnion https://t.co/I3i1d0ZbTD
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