Adventures in mutual credit

Proposed ecovillage tour

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Many ecovillages are struggling to live the dream because they have yet to escape from debt and the need to pull money out of the global economy to meet their needs. Few of them are creating the things they need to live, so the majority of ecovillages are drawn into the main stream economy to meet basic needs.

  • By matslats at 02/26/2014 - 12:15

Breaking: Butterfly farts in Timbucktoo stock exchange!

A catastrophic chain of events is unfolding across Africa as commodity markets tumble, currencies are sliding, derivative markets are vapourising, and the effects are starting to be felt in the civilised world.

European finance ministers, who only yesterday were trumpeting record stock market highs, are bracing themselves for difficult days ahead.

Rumours coming out of Mali are focusing on a visit of the Chinese Ambassador to the stock exchange. Mustapha Ali, a trader in the Timbucktoo Stock Exchange, blogged this less than an hour ago:

  • By matslats at 02/16/2014 - 14:36

Cryptocurrencies and what they mean for sharing

You've probably heard of the bitcoin rollercoaster by now, and wondered what different it makes to sharers. Most of us understand that when the Federal Reserve pumps $75M per month into a stagnant economy, our hard-earned dollars lose purchasing power, and that meanwhile the supply of bitcoin is fixed; But at the end of the day, isn't our experience of money the same? Let us consider...

  • By matslats at 02/16/2014 - 13:02

Bitcoin foundation grant application

To: [email protected]

Brief overview of your proposal: Explain how your proposal furthers the Foundation’s mission to standardize, protect, and promote bitcoin.

  • By matslats at 02/16/2014 - 06:25

Thought experiment: Equicoin & Deserved dollars

The current wave of cryptocurrencies, starting with bitcoin, are designed, monetarily speaking, within a very limited paradigm. They generally have a fixed quantity, and a fixed rate of issuance determined at the start, they find their value on the free market based on pure supply and demand, they have no possibility of redemption and no backing of any sort. Participation is open to anyone who can install a wallet.

  • By matslats at 01/10/2014 - 02:23

Cryptocurrencies and local currencies.

Thanks to Michael Contardi for this question
>I'm wondering about what your thoughts are about the evolution of mutual credit in light of the crypocurrency craze and whether there might be a way to bring together the advantages of both.

  • By matslats at 12/17/2013 - 09:22

Investing in cryptocurrencies

2 weeks ago Bill Still, producer of 'Money Masters' and veteran of monetary reform, likened the cryptocurrencies to the myriad depression era scrip currencies, saying the situation with the US dollar is so bad that people are taking matters into their own hands, and that these tools are the best we have for now. I took this as my cue to diversify from Bitcoin and dived in.

The cryptocurrency exchanges are pretty exciting places to be. They work just like conventional exchange web sites.

  • By matslats at 12/06/2013 - 23:24

Reinventing the wheel of community exchange networks

List of Free-to-use community exchange software.
  • By matslats at 11/25/2013 - 08:15

New Zealand Tour

Huge gratitude to the timebanking movement in New Zealand which invited me and shunted me around the country introducing me to most of the active people in monetary reform and complementary currencies, and following in the footsteps of such legends as Tom Greco, Nicole Foss, and Margrit Kennedy. Highlights were as follows:

  • Lincoln, nascent timebank, starting with Hamlets.

  • By matslats at 11/25/2013 - 04:04

First they came...

First they came for the terrorists but I did not speak out because I wasn't a Muslim
Then they came for the paedophiles but I did not speak out because I have children
Then they came for the hacktivists but I did not speak out because I don't understand computers
Then they came for the protesters but I did not speak out because activists know what they are risking
Then they came for the hoodies and dopeheads but I did not speak out because what would the neighbours think?
Then they came for the debtors but I did not speak out because after all debts must be paid.

  • By matslats at 11/22/2013 - 09:08
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