Making Currency Personal: The Salutary Tale of the Downfall of the Domdrachma

This is also a prepublication version of Zook, M. (2013). Making Currency Personal: The Salutary Tale of the Downfall of the Domdrachma. Chapter in The Immersive Internet (Robin Teigland and Dominic Power Eds.) Palgrave. 238-246.

7 Pages Posted: 27 Oct 2014

Date Written: October 21, 2012

Abstract

This is an essay imagining a future dystopia that combines ideas of personal currencies, software, smart cities and various relics and artifacts of pop-geek culture. It tracks the downfall of a "personal currency" and along the way highlights how current trends within data gathering, algorithmic and software sorting, classification of credit risk, social media reach, etc., could result in a situation in which current systems of centralized banking and state-back currencies could (d)evolve into a dynamic quantification of everyone's financial value.

Keywords: bitcoin, currencies, smart cities, software

Suggested Citation

Zook, Matthew, Making Currency Personal: The Salutary Tale of the Downfall of the Domdrachma (October 21, 2012). This is also a prepublication version of Zook, M. (2013). Making Currency Personal: The Salutary Tale of the Downfall of the Domdrachma. Chapter in The Immersive Internet (Robin Teigland and Dominic Power Eds.) Palgrave. 238-246., Available at SSRN: https://ssrn.com/abstract=2512824

Matthew Zook (Contact Author)

University of Kentucky ( email )

Lexington, KY 40506
United States

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