Internet Archive's failed credit union bid: a blueprint for idealistic AI and money
anselm · x · 2026-10-09
- Neeraj KA highlights a Coin Center piece and podcast interview with Internet Archive founder Brewster Kahle: after 2008, the Archive tried to launch an idealistic new type of credit union and was blocked by the government.
- He frames it as a blueprint for what idealistic new forms of money—or idealistic intelligence—could face.
- The article "Big government is big tech's moat" argues regulatory concentration makes control easier and entrenches incumbents; Kahle also recounts his 1980s AI work and what went wrong with the web.
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