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Adventures in mutual credit

Bitcoin, the barbarous relic

Many Bitcoin devotees decry modern economics with its debt-for-money and laxative easing which serves entrenched and corrupt political power. They argue that a public blockchain and limited coin supply restores honesty to money, and hence economic justice.

What can Ethereum learn from Bitcoin's fate?

Stephan Tual, CCO of Ethereum project, penned this helpful article outlining some of the possibilities of the new technology. I recommend you read it.

Ten questions for the Chief Cashier of the Bank of England

Dear Mr Bailey,

I have in my possession a 'banknote' with your name on it, but am unclear as to its meaning. The words "I promise to pay the bearer on demand the sum of five pounds" are followed by the image of your signature, which makes me think it is a contract between you, the signatory, and me, the current bearer. So I write in hope that you might clarify a few questions which arise in me.

Max Kaiser's muddled money-speak

For those that don't know, Max Kaiser is an independent broadcaster with a thrice weekly program on Russia Today, and he appears occasionally on the BBC and elsewhere. He amplifies all the reporting on financial fraud and rages and sneers entertainingly and informatively at financial terrorists. His partiality, colourful metaphors, and defamatory outbursts make him not a very good journalist, but a master propagandist to whom the Kremlin is happy to give a platform.

Hullcoin: an open letter

Dear Hull,

Victory for Positive Money as Bank Of England explains in its own words.

Bank of England seems to have gone out of their way to explain, in near comprehensible language, how money is created.

This admission is a great pat on the back for Ben Dyson, who with the team at Positive Money, have been publicly pressing the issue.

Proposed ecovillage tour

English | Espagnol

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.

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:

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...

Bitcoin foundation grant application


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