What is wealth?

In by Eric Harris-Braun

In the conventional sense, when we say someone is “wealthy”, it implies this person has lot’s of money in his/her bank account. But wealth, in its essence, expresses something much …

What are currencies?

In by Eric Harris-Braun

From its original root, the Latin word “currere” means to run or to flow. In this original sense, currencies are tools for seeing and changing flows. Therefore we are not …

What does “MetaCurrency” mean?

In by Eric Harris-Braun

MetaCurrency is the name for the infrastructure and protocols necessary for an open source economy, and free currencies to flow in an interoperable and standardized way. This requires new technological …

Won’t open currencies cause inflation?

In by Arthur Brock

Inflation is a property of a single currency. It occurs as a response of the currency users, when the currency fails to accurately track the value that the currency is …

What do you mean by “open?”

In by Eric Harris-Braun

We mean an even playing field for all participants. Our current economy is closed. Bankers and brokers manipulate trades, transactions and terms for their own benefit fairly invisibly. The average …

Why do we need an open source economy?

In by Arthur Brock

As long as there are monopolies granted for money-making powers, we cannot have a free market or even a true democracy. The people who control the money supply can and …