line of several atm machines

8.5

Global Currencies, Payment Networks, Bank Charters and Transaction Fees

The 2009 invention of the Bitcoin demonstrated the possibility to decouple currencies from nation states, thereby unleashing the financial imagination and inevitability of global currencies.  This change, together with citizen-level payment innovation, updated bank charters, and democratized transaction fee structures, all point to new opportunities for global commons management.

White paper index

1.0 – A Possible Future – Opening Fictional Narrative
2.0 – Abstract
3.0 – Introduction: Crisis and Opportunity
4.0 – Global Problems Need Global Solutions
4.1 – The Climate
4.2 – Tropical Deforestation, the Amazon and the Global Water Cycle
4.3 – The Ocean
4.4 – Global Environmental Governance
4.5 – Preventing International Conflict
4.6 – No Safe Haven for War Criminals
4.7 – Strengthening Nuclear Governance
4.8 – Inequality and the Need for Global Taxation
4.9 – Grand Corruption, Illicit Trade, Money Laundering, Financial Offshoring, and Corporate Accountability
4.10 – AI Governance
4.11 – Pandemic Prevention and Bioweapons
4.12 – Refugees
4.13 – Governance of Outer Space Activities
5.0 – Global Governance Success Stories
6.0 – Attempts at Reform
7.0 – Global Citizenship and Pluralism
8.0 – Global Governance Innovations and the 21st Century
8.1 – Inclusive Global Governance and Modern Technology
8.2 – A Global Commons Fund
8.3 – Payments for Ecosystem Services
8.4 – Carbon Markets and Carbon Rewards
8.5 – Global Currencies, Payment Networks, Bank Charters and Transaction Fees
8.5.1 – Global Currencies
8.5.2 – Payment Networks
8.5.3 – Bank Charters and Transaction Fees
8.6 – Markets and Consumers Can Shape Global Policy
8.7 – Technology Innovated States and Global Opportunity
8.8 – A New Approach to Global Economic Cooperation
9.0 – Legitimacy, Celebrity and the Voices of Indigenous People
10.0 – The Leading Edge
10.1 – Philanthropy is Stepping Up
10.2 – Rapid Scaling Is Possible
11.0 – Further Reading