A great podcast. Really interested in the concept of building intentional communities.

It seems that if you want to build a community that uses a common currency and has a common idology, then the thing to do is to build it around Bitcoin.

Bitcoiners will come and stay if they know that Bitcoin is being used as the currency. The shared values of Bitcoiners are generally very strong and cohesive.

There really is no need to engage with alt coin smart contracts that could be rugged at any time. Land ownership can be divided and legally bought and sold within the existing legal structure of whatever duristiction the community exists in.

Essentially what I am proposing is a property development where lots are sold to people with the stated intention that Bitcoin will be used to trade amongst the community members. The community members will likely build shops, bars, cafes, and trading systems that use bitcoin. There is no need to re-invent the legal structure of property ownership using smart contracts.

It is interesting to hear that so many intentional communities have failed in the past. I would like to research this more, but my first instinct would be that many of the communities created in the past were philosophically against money. Sadly, civilisations depend on money to keep account of the contributions of individuals and to operate as a fair medium of exchange enabling the specialisation of production. It is possible that the denial of the need for money as a key element of civilisation has been the reason for the 90%+ failure rate of intentional communiities.

Perhaps bitcoin fixes this?