📄 Extracted Text (1,329 words)
To: Jeffrey EpsteinBeeyacation©gmail.com]
From: Joi Ito
Sent: Thur 7/24/2014 11:30:27 AM
Subject: Re: the beginning of the end for bitcoin 1.0 , 2.0 could be a home run
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Hmmm... Will noodle.
On Jul 24, 2014, at 07:28 , jeffrey E. <[email protected]> wrote:
> easy, if only real value is in books kept by you , the hacks will be
educational.
•
> On Thu, Jul 24, 2014 at 7:27 AM, Joi Ito wrote:
> Maybe we make two currencies. I want to push the edges o the traditional
currency stuff as well as making another economy. I agree about the sharing
economy part, but I think it requires a few tricks if we're not going to allow it
to be convertible to currency since kids don't follow "rules"...
> - Joi
> On Jul 24, 2014, at 07:24 , jeffrey E. <[email protected]> wrote:
> no "old school". create a shared economy, should NOT be convertible to
currency, I suggest you lend each student " citiations", that are kept on a
general ledger, bookeeped by MIT media, they can repay and borrow more. if
guaranteed by another holder. increased borrowing ability is a sign of wealth.
( early morning thinking , needs more meat )
> >
> >
> > On Thu, Jul 24, 2014 at 7:18 AM, Joi Ito wrote:
> > So what I was going to do was to create a "coin" that we give all students at
the beginning of each semester and in addition to awards and medals. The coins
can be exchanged for drinks at parties (only way to get drinks) and favors and
other things that I might make available. At the end of each semester I would do
an auction to take a bunch of the coin out of circulation and try to have a
student monitoring exchange values, money supply and inflation. I was thinking
about getting an economics student to do a paper on the legal and tax
implications and maybe involve the IRS. MIT is thinking of accepting BitCoin as
well.
> >
> > Don't you think it would be more fun to play central bank and have it almost
interoperable with dollars from a experimentation perspective?
> >
> - Joi
> >
> On Jul 24, 2014, at 07:13 , jeffrey E. <[email protected]> wrote:
> >
> > > medals ok , coins not. scholarship credits. degrees, ok,
exchangeble for tuition . interesting rules apply
> > >
> > >
> > > On Thu, Jul 24, 2014 at 7:08 AM, Joi Ito wrote:
> > > Haha. Yes, I guess you're right... but I'm thinking of making physical
coins too that they can trade in and out. I'll write up the plan and run it by
you.
> > >
> > On Jul 24, 2014, at 07:06 , jeffrey E. <[email protected]> wrote:
> > >
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> > > no coin. leave the " coin" out.. maybe "hugs," " 120"s„ "thanks"?
wishes?
> > > >
> > > >
> > > > On Thu, Jul 24, 2014 at 7:01 AM, Joi Ito wrote:
> > > > Interesting. I'm working on Media Lab coin now.
> > > >
> > > > On Jul 24, 2014, at 06:58 , jeffrey E. [email protected]> wrote:
> > > >
> > > > > http://en.wikipedia.org/wiki/Legality_of_Bitcoins_by_country
> > > > >
> > > > >
> > > > > please note
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> > > >
> > > > please note
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> > > > confidential, may be attorney-client privileged, may
> > > > constitute inside information, and is intended only for
> > > the use of the addressee. It is the property of
> > > JEE
> > > > Unauthorized use, disclosure or copying of this
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> >
> > > please note
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> > the use of the addressee. It is the property of
> > > JEE
> > Unauthorized use, disclosure or copying of this
> > communication or any part thereof is strictly prohibited
> > > and may be unlawful. If you have received this
> > > communication in error, please notify us immediately by
> > return e-mail or by e-mail to [email protected], and
> > > destroy this communication and all copies thereof,
> > > including all attachments. copyright -all rights reserved
> >
> > --
> Please use my alternative address, to avoid email auto
responder
> >
> >
> >
> >
> >
> > please note
> > The information contained in this communication is
> > confidential, may be attorney-client privileged, may
> > constitute inside information, and is intended only for
> > the use of the addressee. It is the property of
> > JEE
> > Unauthorized use, disclosure or copying of this
> > communication or any part thereof is strictly prohibited
> > and may be unlawful. If you have received this
> > communication in error, please notify us immediately by
> > return e-mail or by e-mail to [email protected], and
> destroy this communication and all copies thereof,
> > including all attachments. copyright -all rights reserved
> --
> Please use my alternative address, to avoid email auto
responder
> --
> please note
> The information contained in this communication is
> confidential, may be attorney-client privileged, may
> constitute inside information, and is intended only for
> the use of the addressee. It is the property of
> JEE
> Unauthorized use, disclosure or copying of this
> communication or any part thereof is strictly prohibited
> and may be unlawful. If you have received this
> communication in error, please notify us immediately by
> return e-mail or by e-mail to [email protected], and
> destroy this communication and all copies thereof,
> including all attachments. copyright -all rights reserved
Please use my alternative address, to avoid email auto responder
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