Tag Archives: exchange

Hackers rake off big bucks from EU carbon exchange

Another case of life imitating (very) contemporary science fiction, the book in question being Ian McDonald’s excellent The Dervish House: some sneaky shenanigans via the compromised accounts of Czech traders has allowed some black-hat hacker types to rake off millions of dollars from the EU carbon trading exchange [via SlashDot]. Worse still, this is far from the first embarrassment of this type that the exchange has suffered from

Rushkoff on radical abundance and the economics of Web Cubed

I’ve mentioned Douglas Rushkoff here a few times before (both as a thinker and a writer of comics and fiction), and I’m also deeply interested in alternative economic structures, so the following video of Rushkoff’s swift fifteen-minute keynote speech to the O’Reilly Web 2.0 conference was like internet crack for me.

I strongly recommend you watch it; even if you don’t agree with all of his points, Rushkoff’s got a very coherent vision, and seems to be one of the few alternative currency advocates who’s thought beyond the basics. In a nutshell, he’s saying we need to shift paradigms, and move from extracting value to exchanging value. Take a look: