simple things

Eric's “Levels of Wealth” Part 1

* From Eric Harris-Braum's openMoney.inf WEB site*                        — Why I was confused although Alan was not.

wealth3part

Commenting on my previous post, The thought provoking Eric Harris-Braum, Alan worte, “In response to Harris-Braun's openmoney.info page, I would like to say I agree. Specifically, this is an EXCELLENT perspective on money and wealth, with an honesty and clarity and depth that is rare.
Your first impression says, ‘You [i.e. Eric] open with an introduction on the Tradeable - Measurable - Acknowledgeable paradigm. I needed to reread and wrangle with it a bit to get this new perspective into focus.’ I sure hope you provide elaboration on this. I found the paradigm very easy to understand.

    Elaboration on a personal inability?  Another's insight into this would perhaps be more valid than my own.  Anyway, in Eric's “Levels of Wealth” the circle of Acknowledgeable wealth is more sizable than the merely Measurable, while actually Tradeable wealth (the stuff of mega-billions of GNP) is the smallest of all.  This concept is especially appealing for its propensity to put the realm of traditional money into perspective.  Now then, the “Levels of Wealth” oval graphic moreover implies (to me) that Tradeable is a subset of Measurable which in turn is a subset of Acknowledgeable.  At the very least, this is a comfortable assumption due to the terribly counter intuitive notion of saying that Tradeable wealth is NOT (i.e. excluded from the set of) Measurable and in turn insisting that the Measurable isn't Acknowledgeable.  This would, for me, constitute an overly extreme distancing of these words from their common casual meanings.  Nevertheless Eric, could potentially be advocating exactly this when he writes, “Acknowledgeable Wealth: Friendship, beauty, freedom, civility, culture, happiness, integrity, reputation--these are all forms of acknowledgeable wealth. They are neither tradable nor objectively measurable because their impact is only felt subjectively.”(emphasis added)  Then when Eric teaches that Acknowledgeable wealth are “relationships between systems”, I find myself fumbling with the notion of “beauty” and “freedom” (from the previous sentenece) as relationships between systems.  An excellent recognition of the “interdependent” nature of wealth levels, is followed with a whole section on “Wealth Acknowledgment” which focuses on Tradeable wealth issues.  So I guess this “Acknowledgment” is very much distinguished from (if not the antitheisis of) the former term “Acknowledgeable”.  Perhaps it is unfortunate that the things I've just cited overly interfere with my ability to grasp new perspectives.  However an agreeable benefit of the doubt posture where we all ‘know’ more or less what we're talking about is increasingly objectionable for this student to adopt.  My way of developing his theme would be to start with Acknowledgeable wealth and then examine Measurable and Tradeable as clearly identified natural subsets.

O.L.-00-Richard M. Stallman

Brave GNU world

04/02/2006 09:58 AM — SUBJECT: Open Letter to RMS - was: World's first GNU.hope Gesture
* Stallman's Personal Page *

on 01/28/2006 Richard M. Stallman wrote:

> Please do keep working on a simple,
> brief, nontechnical way to explain
> the idea. If you can produce that,
> then people could get interested
> in using the idea.

Dear Sir,

O.L.-00-Philip R. Zimmermann

Zimmerman

03/31/2006 02:50 AM – SUBJECT: Open Letter to Philip R. Zimmermann on a yet more rational future
* Phil Zimmermann's Personal Web Site *

Hello Mr. Philip R. Zimmermann,

When your PGP was introduced on the Internet, I was actually most impressed with the ramifications implied by the signatory aspects of the secret-public key technology. A simple ownership principle immediately occurred to me in which (PGP) private key signatures could be employed to realize an unforgeable, undeniable, indestructible, thief-proof proprietorship basically cost free. Hence I've been anxiously poised 15 years waiting to jump on the bandwagon once something developed in this area. My patience ran out and I started a blog which advocates a simple plan to monetize anything based upon the ownership principle mentioned above. I am convinced that PGP's part in realizing a new era of monetary freedom could well represent a contribution to our global society which even surpasses that deservingly enjoyed by private communications.

Read all the details on my blog which can be accessed at:
http://world1tours.com/wPress

What Monetize ain't

Chinese Pu

Mon Mar 6 12:29:35 2006 – Some philosophy on phraseology & one example of actual/real monetization.
* Chinese Pu - Symbolic of Monetary History *

Yes, we're overdue on “... a simple, brief, nontechnical way to explain the idea.” I'm postponing that a bit nevertheless, and will instead elaborate on the now sadly common bad phraseology of 'monetizing' a Blog (etcetera).

First, I've found two more definitions (from www.answers.com) namely:

American Heritage Dictionaries

mon  ·e  ·tize
tr.v., -tized, -tiz ·ing, -tiz ·es.
1. To establish as legal tender.
2. To coin (money).
3. To convert (government debt) from securities into currency that can be used to purchase goods and services.

Introductions - Part I

RMS

Fri Mar 3 07:29:21 2006 – This is the first and hopefully the worse post that I'll ever make to the Monetize blog!
* Explore the inspiring eye of Photographer Julian Cash *

Well, this is it - the start of my precious blog!

Upon awaking this morning I was greeted by a fresh kindly inspiration which promised that today was a grand time to launch my damn blog. Nevertheless, I have a dozen fine reasons NOT to begin this just yet. After all, it was only yesterday that I got WordPress installed on my WEB site. And while I'm not the perfectionist that some like to accuse me of being, I do like to do things (half-way) right. And several matters are (quite honestly) not up to my normal standards. For instance, I'd ordinarily insist on doing a unique customized look for this blog (WordPress and others provide a presumably rich array of ‘Theme Resources’ but I'd still need to develop my own). Not to mention .....

Yet in spite of all my good excuses it occurred to me that the struggles involved in developing my material and organizing a clear vision could itself be worthy blog content. Besides, today's date seemed modestly momentous. It's another day between the birthdays! The first was August 11 - the date between my daughter's birthdays and a favorite day to share some special time with my girls. While March 3 falls between the birthday of my sister Sue and my cuñada. Does that mean I'm into ‘magic’? Definitely YES, but not in the way 666 out of 777 would ever guess.

Anyway, the above should suffice as the first chapter of an ongoing personal introduction.

So this is — “Monetize” (Regarding our 2nd greatest invention)

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