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Web4: Social Monies

meow.bio · 5,528 words · saved by 2 readers

Every phase of the web represents a new frontier of human connectivity,empowering us to rethink the possibilities of societal coordination. In Web4, we will liberate the most powerful social technology we have - money itself. Just as Web2 democratized media, shifting power from centralized institutions to billions of individual creators, Web4 will democratize money creation. Billions of users will become creators, distributors, and everyday users of diverse monies. Money in Web4 will be as different from traditional currencies as TikTok videos are from BBC broadcasts, allowing communities unprecedented creative expression in finance. Though most instinctively perceive money as official government fiat, this widespread normative view is historically anomalous. Throughout history, communities have independently created expressive, adaptive forms of money to solve their unique social coordination challenges—from Yap island stones and medieval tally sticks to Depression-era local scrips. W

Web4: Social Monies Meow Web4: Social Monies Note: Draft, please tweet thoughts/improvements/critiques and tag me Foreword: Infinite Monies Web1: Internet Web2: Social Media Web3: Blockchains Web4: Social Monies Every phase of the web represents a new frontier of human connectivity,empowering us to rethink the possibilities of societal coordination. In Web4, we will liberate the most powerful social technology we have - money itself. Just as Web2 democratized media, shifting power from centralized institutions to billions of individual creators, Web4 will democratize money creation. Billions o

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