Alex

It came to me that forming and building NBI, or anything of worth, is much the same. It requires sound material, a good tool, a capable hand and, most important, a vision of things to come. It requires patience and persistence to pursue the vision chip, by chip, by chip, and willingness to change the vision as the nature of the material i

I could think of no way to fully realize the concept by including merchants and cardholders as owner/members. The slightest hint in that direction raised a storm of opposition. We should have included them. Perhaps, with more time, tenacity, and ingenuity, we could have.

Nor is corporate power restricted to power over the employed. Global corporations now have implicit sovereignty over people throughout the world, since they are beyond the reach of any nation-state. [...] They do so by the simple expedient of bargaining one government against another for the claimed economic benefit of their presence.

Many took the openness and liberty of Visa as applicable to them, but not in relation to those over whom they had authority.

How much time, energy, and ingenuity did they spend obeying senseless rules and procedures that had little to do with the results they were expected to achieve?

Understanding events and influencing the future requires mastering of four ways of looking at things: as they were, as they are, as they might become, and as they ought to be.

After sharing the Visa story and underlying concepts, I told a small story. [...] Why then does such a system still lie dormant in the field of health? The answer is not complicated. Who would you trust to own and control such a system? [...] Only with the evolution of a chaordic organization in which all relevant and affected p

the first and primary function of the card was to identify buyer to seller and seller to buyer. [...] The seller would receive good funds in local currency and the buyer would be billed later in the currency of their country. Thus, the second primary function was as guarantor of the value data. Clearly, it warranted to both buyer and sell