Subject: Web ledgers -marchin to the freedom land
Date: 06/10/2000
Author: Todd Boyle <>

I'm responded to CIO magazine, question April 1,

The most interesting question to me, is how individuals can control their
spending decisions with greater granularity, for example, obtaining
products and services through the market system, and participating in
large joint enterprises like corporations, without giving away power to
bosses and hierarchic forms of organization.

Let's say, for instance, a persons' convictions are nonviolent.
Today, when we buy a product it is like representative democracy.
It's all-or-none, and you delegate your power to your supplier.

You don't have a line-item veto.  You don't even know who is getting
the money.  On some level, when you pay the clerk at the gas pump,
you know some of the money is going for military defense, etc. but
you don't know how, how much, or how to stop it.

There are some minor outbreaks of consumers buying tuna from canneries where
dolphin-safe practices were followed, or wood from renewable forests.
As value networks and supply chains permeate the economy, we will have
more information about where our money is going, new choices where to buy,
and that's a fancy way of saying, more capability to pay the oil driller
and refiner but not pay for the foreign extraction tax. You will buy
coffee, but not pay for the military dictatorship, etc.

We will similarly have new choices where to sell. We will have new
choices with whom we wish to work as partners.  Economic decisions will
be made based on network participants, costs and revenues will be
allocations within partnerships.  Within this model you have freedom,
and there is no way for corporations to extract rents and dividends or
coerce consumptive behaviors, or control bodies for 40 hours a week.

Here read this: which explains
how the entire economy may be viewed as a mathematical model, with
each actor receiving (rather imperfectly) their allocations of costs
and income.

The new architecture of business has pierced the company-centric
view, and moved to hosted systems which span enterprises.  Search
engine on value networks. This is analogous to the development of
human consciousness beyond the individual appetite or ego, but

The internet is the operating system, and BSPs and dotcoms are the
programs. There are 1500 BSPs, look at the directory
and all the XML interoperability and middleware.

Web ledgers give the individual much more power, more granular control
over where and how their money and power are spent.  Accordingly,
they are a better solution anyways and more consistent with
the existing culture. 

I hope I have given you a glimpse into this fascinating new field,

* Todd F. Boyle CPA
*    Kirkland WA    (425) 827-3107
* XML accounting, WebLedgers, ASPs, GL dialtone, whatever it takes

Webledger technology is just a quantum leap more intelligent and 
multidimensioned than todays "money system".  The unrestrained growth in 
the power of the state, and the percentage of the national economy 
directed by the government, is like a cancer.  Too many people believe 
in simplistic answers like Napster, anonymous commerce, digital cash, 
tax evasion, etc.  To make a meaningful, and lasting contribution to 
human freedom, we have to grow newer financial and software structures 
that are literally, stronger and more efficient than the state-corporate 
complex that is strangling us today.  

That structure will certainly emerge in internet marketplaces, of
course.  Today's boycott by suppliers, wishing the B2B marketplaces
would die and go away, cannot last.  Bricks and Clicks will finally
be made accountable to customers, because customers will certainly
be aggregated, and rich, granular views will be provided to those
customers into the vendor choices and the detailed attributes inside
the product.  The unnecessary layers of costs will be chased out
of those products.  DO you see what I mean? 


* Todd F. Boyle CPA
*    Kirkland WA    (425) 827-3107
* XML accounting, WebLedgers, ASPs, GL dialtone, whatever it takes