Sufficiency Currency: What Communities Want

Starting out with some assumptions, I returned from 11 weeks of travel including visits to 7 intentional communities (ecovillages) with a more solidified idea of what the “sufficiency currency” might look like. Before I go into that, it’s useful for me to distinguish the major differences between the Sufficiency Currency project and other projects.

By the way, we aren’t even sure that “Currency” is the right name for the project, and you can check out this blog for a discussion of different names for the project.

Sufficiency Currency Inquiry

The Sufficiency Currency project is looking at non-monetary currency solutions and the two major…

When I got to Milano, I thought: How did they know? This feels just like a post-apocalyptic film. But how did the directors know this is how it feels? It’s not that surprising, of course. Cities have gone through wars and pestilence since the existence of cities.

Milano after the plague, or not after the plague. Certainly the worst of it hasn’t happened yet. We are in the middle of it. Maybe just the beginning of it. Whatever it is.

I remember a warm data workshop with Nora Bates. She said: The disaster has already struck. …

I host a weekly call on distributed governance. This blog provides my personal opinions but by all means view the entire discussion here .

One of the big debates in the Genesis DAO started by DAOstack was the question of anonymity. Should people be able to make proposals and ask for budgets without providing a real identity?

Part of the problem was a structural problem with DAOstack at the time: there was no escrow system. You could allocate funds to a project, but you could not hold the funds until the project was complete. …

The truth will set you free!

One of the most terrifying parts of the current crisis is uncertainty. Uncertainty is one of the most terrifying things people can experience in general. Absolutely everyone I have spoken to is absolutely convinced that a lot of the information available is either biased, doctored or flat-out false. Not knowing what to believe makes decision-making incredibly difficult. That is to the advantage of the Powers that Be, which may be good in this case. Who knows? Nobody knows. The Powers That Be don’t even know because internally one agency is lying to the other.

If only we had a blockchain…

I drove to Italy and back yesterday. Quiet border crossings.

Between the time I left for Italy and the time I got back, the Slovenian government had changed the border crossing policy, but it takes some time to mobilize, so there was a lone officer watching traffic coming from Italy into Slovenia, scowling.

The new policy, by the way, is to measure people’s temperatures as they come into the country. …

Blockchain technology has spawned not only a new industry but also a set of subcultures within the cryptocurrency space. While these cultures have certain attributes in common, each group has its own individual characteristics that differentiate them from one another. This article is an anthropological overview by an author with absolutely no knowledge of anthropology. It can be used as a guide to those like herself who may inadvertently find themselves engulfed in a foreign culture, having mistaken one group for the other.

This article was inspired following an incident in which the author was abducted by friendly but obstinate…

It’s time to make a DAO! Anyone can make their own DAO with Aragon or DAOstack, or just by forking Molloch. Even better, you can use an augmented bonding curve to fund your DAO, thanks to the amazing work by the Commons Stack folks, and there you have it! A fully-functioning DAO with just a few days of work!

The problem is — why did you make a DAO?

The overpromise of the DAO

If you’ve gone to a DAOfest or seen some of the articles and videos coming out of the DAO industry, it seems like DAOs will solve all kinds of problems, like:

The last few weeks have seen some major failures in the area of DAO and distributed governance. They’ve also marked a revival of energy for DAO technology, with new initiatives that seem to pick up where the failures left a gap.

Rising from the ashes…

As presented in my DAO Case Study Research last July and October, most of the DAO experiments were unsuccessful, so this list includes just 3 very recent failures.

Recent disappointments:

If democracy were equivalent to voting, we wouldn’t need separate words to describe them. Unfortunately, when it comes to DAOs, too often, the focus is on the voting mechanisms, with an assumption that “anyone can propose anything” is both fair and sufficient. Some DAOs are very successful with this methodology, but it doesn’t scale well, nor does it account for the variety in the types of decisions that an organization makes.

This article is a first attempt to categorize the types of proposals we might want to include in a DAO, and goes on to discuss a few different mechanisms…

The decentralized governance movement loooooves to talk about taxonomy, which isn’t surprising, but it is tiring. For most people, lengthy taxonomy doesn’t leave them with a picture of what a Decentralized Autonomous Organization is.

This article will leave you with a picture, and as a bonus, a picture that requires zero knowledge of technical topics. (Including that I am using zero-knowledge to refer to information in your brain, not to a protocol for privacy.)

DAO as a Religion

This is not a pun about Taoism.

The major religions of the world have organizational structures that can help us understand what it might look like…


Founder, and Author: "So you've got a DAO: Leadership for the 21st century"

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store