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Adventures in mutual credit

Ecovillage economy tour: Skala Sessions

I was honoured to be invited to Skala ecovillage in Greece. Anna and Nikiforos are 3 years into their fourth attempt to build a community on their property near Thessaloniki on which currently abide 7 adults plus 3 volunteers and some children. I'm still not sure what they thought I would bring, but their main concern is to take the project from merely living together to building a future together. Nikiforos is a highly skilled engineer running a family business 50km away putting all his income into Skala.

Travelling with Scot LETSpert Stewart Noble

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.

Message to Robin Hood Collective

The wonderful Robin Hood Collective is gathering for 4 days in London and I so regret being unable to attend that I'm writing this post for all the assembled!

I'd like to introduce myself and share what I'm doing and what I would like to see Robin Hood doing.

Has science proven the supernatural?

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.

Guild of Currencies day in Exeter

The first 'Transition Pounds' in the UK, Totnes, Brixton, Stroud, Lewes, and then Bristol lacked proper theoretical foundations, and achieved very limited circulation. Even today, on its fourth issue, the Totnes pound is extremely sluggish. Even with discounts, pound-backed (proxy-pound) models in which national money is captured for the local economy lack incentives for those local pounds to circulate.

Financial hacking with Faircoin

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.

Peace walls and peace work in Belfast

The Troubles of Northern Ireland were to a large extent kept out of the press at the time, being mentioned only when prominent people or the mainland were attacked. Judging by the lack of coverage in the media, we might still be forgiven for thinking that the troubles are over, In many ways the Troubles are over.

Solidarity economy silos

We all have an idea of what needs to happen; we are piecing together the Transition to a better world in the ways we know how; many of us are reaching out to potential allies, although building productive partnerships is difficult.

The internet is a powerful tool that brings together people who share ideals, languages, and passions and so we spend a lot of time connecting to allies online. Where else in my life could I find people to advise me, support my work and use my software?

Realising The Credit Commons

Currently the vast majority of complementary currencies are local initiatives. I'm talking about real initiatives with daily trades rather than mere ideas, models, exaggerations non-starters, and dead systems. That means mostly about a few thousand business barter exchanges, LETS and Timebanks, and some others which don't fit those categories.

The Credit Commons: Better than Bitcoin

This is just a few notes about why the Credit Commons design is better than bitcoin. This is not an article and is written for no particular audience, but it could be!

We have to thank Tom Greco for bringing the phrase 'Credit Commons' to our attention. It reminds us that everything which was common is being enclosed, and that the abstract, misunderstood and very simple thing, credit is the most critical to bring about a fairer and more sensible society.

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