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Adventures in mutual credit

Sieben Linden (Seven Linden trees) sits amongst forests, fields and sparsley populated villages in the plains of Northern Germany. The land is owned by a cooperative in which all members buy a stake. There are a few large straw-bale houses which are designed for a family and several friends and guests, while half the members live in 'temporary' caravans waiting for the money and the people to come together for subsequent houses. Where would this money come from? Mostly from rent from existing members, a little from new members buying their stake, some from loans from supporters and banks...
We want to build a payments ecosystem so that community currency entrepreneurs can pick up appropriate components and make them work together quickly thus concentrating their resources on developing their Unique Sales Proposition. We want marketplace entrepreneurs and community currencies to be able to choose between Ripple, OpenMoney, and Cyclos for their transaction storage, and to know that these choices will not prevent them from intertrading. They need to be able to re-use existing mobile payments apps rather than write their own. They need to work with different identity servers, such...
Bitcoin may disintermediate banks, but that will not change the economy, save the environment or make society fairer. One peaceful way to prevent our governments driving us to collective suicide is to get behind a new generation of P2P credit projects. No economic reforms expected As the recession drags on and on and on, disgruntled citizens are calling for various kinds of change: a re-branding of capitalism, tighter regulation of banks, austerity or Keynesian stimulus or a Tobin tax, Ending fractional reserve banking, even debt forgiveness. Very few reformers are voicing concerns...
Amalurra, Basque for 'mother earth', was formed from a meditation group with life-coach Irene Goikolea over 20 years ago. Wanting to take their practice further, they bought an old seminary and oriented their lives around making it beautiful and offering hospitality. Fast forward to now, and there are several gleaming buildings, including a hotel, hostel, spa, cafe, restaurant, many spaces for meetings and workshops, a sweat-lodge next to a stream and extensive gardens. Every niche resonates with aesthetic abundance and the community has many friends and even two satellite communities...
There's been much attention, in the alternative media at least, around Amir Taaki and the Dark Wallet project which aims to make using bitcoin more anonymous. Taaki argues, quite properly, that regulating Bitcoin is squandering the founder's legacy and neutering the opportunity that technology gives us to create a really free market. What the world really needs is the ability to conduct business in private, free from regulation, government and corporate spying, and by implication, free from mandatory taxation collected by psychopaths in suits and bullies with badges. The ruling classes...
Perched on one of the foothills of the Pyrenees, in the Basque region, Lakabe was a tiny deserted village of 7 houses re-inhabited 34 years ago by a handful idealists fleeing the city life. There was no road, and no rooves on the houses, very little money for redevelopment, and certainly no tenure. Now there are 50 people, a bakery, a sustainable pine forest, and the village is 'official' although the property can neither be bought by the residents nor sold by the local government. The endeavour was and continues to develop very slowly, but without debt. In fact building isn't so expensive...
I was getting so lost that that I had to step back for a few hours and create this map. It was extremely useful! TypedData (has a $definition) - Any (not used) - Language - PrimitiveBase - String - Email - Boolean - Integer - TimeStamp - Float - Binary - ItemList - FieldItemlist has $entity property and instance settings - DateTimeFieldItemList //list_class for the datetime fieldAPI field. - FileFieldItemList //list_class for file and image fieldAPI fields - TaxonomyTermReferenceFieldItemList //this is the list_class for the...
Money is so much more than a means of settling debt or a measure of your claim on the productive wealth of the rest of the world. If we are to design alternatives to money we need to understand not only the classical functions but the secondary effects and meanings which are not always recognised. I just jot some of the following sentiments which might be expressed when I give money to someone. I have given you money equal in value to the product/service you have me, so we are even. I give you this money in recognition of the value you bring to me / to the universe. I am recognising /...
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. Much of this thinking is aligned with the the Austrian school; Ron Paul and Max Kaiser famously believe that money should be a commodity, with hard limits on its quantity so that politicians cannot manipulate. Because Bitcoin has some of the properties of gold and more qualities besides, this wing of monetary reformers has largely jumped...
Stephan Tual, CCO of Ethereum project, penned this helpful article outlining some of the possibilities of the new technology. I recommend you read it. In my own words, Ethereum can do to lawyers what Bitcoin is doing to bankers. Which is to say, Bitcoin exposes the inefficiency and inequality of a centralised banking system issuing debt money for profit. Central banks have responded with a coordinated public drubbing, and by erecting legal and financial barriers to Bitcoins free movement, thus preventing it from being either a currency or a tool for libertarians. Meanwhile the same...

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