tokenisation

The Stable Circus and Beyond

by

How Tokenised Money-Market Funds Magnify Systemic Risk and Accelerate Extraction at the Top by Alex Nikolov Following on from Alex’s articles, Borrowed Stability and The Forest of the Order, he expands his critique of stablecoins and the measures granting BlackRock extraordinary privilege and power. I.  The Next Act in the Stable Circus In a previous … Read more

BORROWED STABILITY

by

Following on from yesterday’s post on The forest of the Order, Alex explains the current noise around Stablecoins ignores the obvious: stablecoins are neither “stable”, nor innovative or revolutionary but merely intensification of the extractive logic of the money paradigm. There is an alternative coordination layer which is both innovative and evolutionary which is what … Read more

The Great Deception: Why Tokenising Money Is Just Digitising the Past

by

Alex just posted this article on LinkedIn: The financial world is currently fixated on tokenisation. From “Tokenised Money: Use Cases, Interoperability and Regulation” the 2026 research of the Cambridge Centre for Alternative Finance, Cambridge Judge Business School to the passage of the GENIUS Act in the United States, the narrative is clear: digitising money is … Read more

Representative Democracy Is Kakistocracy

by

Simple exchange money methodology cementedthe power of the few to control the many. Changing the way in which we account for transactions andrelationships between (wo)men will result in realdemocracy, i.e. self-organisation based on the principle ofpower for all people to sustain themselves and each other. This paper explores the role of money in creating the … Read more

Scale and Effective Dissent

by

At last night’s post-Critical Thinking meeting, we had the largest turnout since the original Critical Thinking project at the Free University started in January 2012 – the first meeting attracted around 50 people. Since then the numbers fluctuated but our most productive work was the result of many meetings involving between 4 and 12 people, … Read more

Morality, Money and The Great Reset

by

Critical Thinking’s methodology is predicated on analysing and synthesising multiple perspectives into a shared understanding of reality. In this context, Critical Thinking’s analysis has been shared with diverse audiences, including those that share particular religious convictions. The Islamic faith at least recognises usury or interest on money as a problem. Sharia finance purports to satisfy … Read more

Work-In-Progress

by

The evolution of Critical Thinking’s evidence based narrative continues here at outersite.org. It is co-creative research and analysis in action. Currently, innovative thinking about money is taking shape and this article documents some of the understanding arrived at so far. In 2017, the Islamic Economics Journal of King Abdulaziz University requested and published Critical Thinking’s … Read more

Empirical Foundations of a Shared Understanding

by

In the last post, I described my learning journey which laid the empirical foundations for seven iterations of Critical Thinking’s analysis and subsequent papers: 1st iteration 2013 Economics to Save our Civilisation2nd iteration 2014 Concentrated Power and Consequences – Report 3rd iteration 2015 The time for Critical Thinking is now!4th iteration 2016 Hierarchy and the Political … Read more

The End of the Age of Plunder

by

An Age of Possibilities Arises AbstractThe internet, distributed ledger technology and tokenisation are creating new modes of economicbehaviour and participation that threaten the centralised paradigm of fiat money and “trusted thirdparties”. These developments open possibilities for financial inclusion and economic participation foreveryone on the planet. These new opportunities will be adopted and developed by those … Read more