Can the new types of information exchanges form the basis for a new
global exchange paradigm? If yes, will it just be non-currency mediated,
but still describable as an economy at another level of description, or
radically non-economic?
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From Rishab Aiyer Ghosh:
Given standard definitions of economy as the production, consumption and
exchange of valued goods and services, any new type of information exchange
will certainly be describable as an economy. And, with the caveat included
in my response to question 4, new types of information exchanges such as
the cooking-pot market model can and do form (and have formed for years)
the basis of a new global exchange paradigm.
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