Adventures in mutual credit

For some years I have been drawn towards the Global Ecovillage Network (GEN) and around 3 years ago started talking to them about exchange and the benefits of not using money. This was never going to be a quick win for me or the movement and I have been employing all my relationship-building skills, my deep listening, my nomadic powers, my Drupal expertise, and my patience in order to serve them.

A long time ago, when Stewart was an estate agent, interest rates jumped from 5% to 15% in a day (Thanks to George Soros) and three of his clients committed suicide. Stewart decided to design a new, less money-centric life, and started New Morray LETS in Forres, near Findhorn, Scotland twenty years ago. His energy and commitment helped the LETS to grow steadily and now he reckons 60% of his economic life is through LETS.

While anecdotal evidence abounds for strange coincidences mind to mind communications, and the supposed laws of physics being broken in ways we find meaningful, it has been very hard to capture these events in a laboratory in a way that the rump of the scientific body finds acceptable.

Having kept an eye on the altcoins for a good while I wasn't initially impressed by the claims of Faircoin.

There have been several coins issued attached to good causes but without a clear monetary function. The idea is usually to set up a cryptocurrency, premine some, market the brand and sell the premines for a good cause. In this, there is no consideration of what makes the coin a desirable purchase, and the coin is so useless i.e. unused and therefore unusable, that its purchase constitutes little more than a straight donation.