[islandlabs] Illuminato, LED Matrices

Burns, William burns at cshl.edu
Mon Mar 9 15:36:08 EDT 2009


I've got a good feeling about microcredit systems in general.
http://en.wikipedia.org/wiki/Microcredit
http://www.accionnewyork.org/accion-home/about-us/mission-and-history.aspx
 
I wonder how aware these guys are of the microcredit movement.
In general, I think banks that deal in microcredit want to see a real profit motive + business model.
Open source hardware (being more altruistic in nature) may not qualify.
 
-Bill

________________________________

From: list-bounces at islandlabs.org on behalf of tonyb
Sent: Mon 3/9/2009 11:23 AM
To: Island Labs main mailing list
Subject: Re: [islandlabs] Illuminato, LED Matrices




http://antipastohw.blogspot.com/2009/03/illuminato-update-now-available-for-pre.html
The "How to buy an illuminato" Section has a good explanation

On Mon, 9 Mar 2009 11:16:04 -0400, Jonathan Dahan <jedahan at gmail.com>
wrote:
> They are all from the same guy. Basically the idea came out of investors
> wanting alternate pay models for the illuminato that grew into this
bigger
> idea. Feel free to contact the guy directly but as in real life, there is
> no guarantee (aka this bank ain't federally insured afaik) .
>  - Jonathan
>
> On Mon, Mar 9, 2009 at 10:06 AM, Burns, William <burns at cshl.edu> wrote:
>
>>  The last link re: the open source hardware bank is really interesting,
>> but how do we know that it's a safe place to put money?
>> What's the business model?
>> How do they make enough money to pay interest to anyone?
>> How do we know that no-one will take the money and run?
>>
>> -Bill
>>
>>  ------------------------------
>> *From:* list-bounces at islandlabs.org [mailto:list-bounces at islandlabs.org]
>> *On
>> Behalf Of *Jonathan Dahan
>> *Sent:* Sunday, March 08, 2009 3:43 PM
>> *To:* [Island Labs]
>> *Subject:* [islandlabs] Illuminato, LED Matrices
>>
>> The illuminato: http://www.liquidware.com/shop/show/ILL/Illuminato
>> LED Matrix howto: http://www.liquidware.com/apps/show/30
>> Open Source Hardware Bank:
>>
http://antipastohw.blogspot.com/2009/03/introducing-open-source-hardware.html
>>
>>
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>> List mailing list
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>>
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