Social .
Network

Peer-to-Peer Value
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01. Abstract

A purely peer-to-peer version of electronic cash allowed online payments to be sent directly from one party to another. However, the mechanism for establishing value was based on the scarcity of computational cycles.

With the advent of non-metabolic labor, the marginal cost of cognitive work approaches zero.

Human
Value

Over time, value has shifted. Now, we are entering a new era.

The Age Of

Agriculture

Value is static. Power to those who control the land.

The Age of

Industry

Value is kinetic. Power to those who manage labor.

The Age of

Finance

Value is GDP. Power to those who control banks.

The Age of

Intelligence

Value is infinite. Power to those who manage consciousness.