If the next economy is going to facilitate healthy flows of resources and information which support people, society and the planet, we have a lot of changes to make. Because that's certainly not what the current economy does. We are building the means (technology platforms and protocols) for this kind of healthy economy to exist.
Bitcoin and Disruptive Currencies Ars Technica reported earlier this month that Bitcoin, the open source cryptographically secured alternate currency, was back to trading at 9 US dollars per bitcoin. The currency had experienced a bubble last year, trading as high as almost 30 USD before crashing spectacularly. Since then, however, it has regained stability and traded within a fairly small range around 5 USD. If Bitcoin can keep its stability, what might it mean for disruptive competition? Bitcoin is an online currency, but not one that should be confused with prior attempts at the idea. While companies in the past have tried to create their own online currencies, they all more or less relied upon the US Dollar as an underlying base, and were centrally controlled.
(Thomas Dishaw) Below is a comprehensive list of alternative currency systems from around the world. As the economy continues to be propped up by fiat currency and fake data numbers, more and more people are using alternative ways to buy sell and trade for services. View the complete list here.http://govtslaves.info/list-of-alternative-currency-systems-from-around-the-world/ A Community Currency is often used as synonym for complementary currency, local currency, regional currency, alternative currency, auxiliary currencies, and private currencies. The debate is not easy to solve, since the words have different meanings to different people. All are currencies that have different designs and serve different purposes than our conventional money. Elite Forex Blog: Alternative Currency Systems and Open Source Banking
Innovation Pays, Currencies, Gold & Silver, The Alternative Way Currencies, The Alternative Way In the face of the cashless (digi-credits) system the technocrats want to bring in, within the EU/UK/USA and other parts of the world under the control of the anglosphere, there are some excellent examples of alternative systems and currencies that have sprung up in the last few years. Of course the age old money gold & silver is number 1 for numerous people, and in the traditional societies where it is a store of wealth as in India and Turkey, a family's gold is their savings Greece the worst affected country to date within the EU crisis zone, and suffering unbearable austerity,is developing new systems.Bartering is one, an age old way of exchanging goods, and also alternative currencies actually encouraged by some politicians.
(Left: Thumbs up for Mutual Credit!) We need credit and that’s why a credit based money supply is so attractive. It catches two birds with one stone. Real Currencies
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Carbon Trade Exchange (CTX)
Wayne Sharpe, ceo and founder, Carbon Trade Exchange 26th November 2010 Chicago Climate Exchange (CCX) has announced that it will soon cease trading carbon. Carbon trading | blog| CTE's Wayne Sharpe: why carbon trading has a place in chastened economic times
(8) Bitcoin: Is the cryptocurrency Bitcoin a good idea Update: Two things have changed my opinion slightly since I wrote this answer. One was a comment by Lasse Birk Olesen that Bitcoin has intrinsic value in that it's a commodity that can be exchanged purely electronically without requiring a central authority, and it will retain that property regardless of whether people value it specifically as a currency. The second is something I heard Milton Friedman say in an EconTalk interview (Milton Friedman on Money): that if he were in charge, he'd just keep the monetary base constant, because the multiplier between the monetary base and broad money can expand sufficiently to accommodate any demand. This obviously would require a fractional reserve banking on top of Bitcoin, but that seems inevitable anyway.
Bitcoin is an innovative payment network and a new kind of money. Instant peer-to-peertransactions Worldwidepayments Zero or lowprocessing fees Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part.
Illustration: Martin Venezky In November 1, 2008, a man named Satoshi Nakamoto posted a research paper to an obscure cryptography listserv describing his design for a new digital currency that he called bitcoin. None of the list’s veterans had heard of him, and what little information could be gleaned was murky and contradictory. In an online profile, he said he lived in Japan. His email address was from a free German service. Google searches for his name turned up no relevant information; it was clearly a pseudonym.
Solid discussions of this piece on BoingBoing.net, Hacker News, Slashdot and Reddit. Rob Tercek has a follow up to this piece here. by Jason Calacanis and the LAUNCH team
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Local currencies the German way: the chiemgauer | Money It started as a school project by Christian Gelleri, an economics teacher in southern Germany who wanted to teach a group of 16-year-olds about finance in a novel way – by creating their own money, to be used in local shops and businesses. They called it the "chiemgauer" and eight years on, the project has turned into the world's most successful alternative currency. But this isn't a story about Germany's waning enthusiasm for the euro. It's about a growing number of chiemgauer users who see the currency as a great way of keeping money within the businesses and communities where it is generated and earned, rather than pouring it into the coffers of chain stores and globalised banks. Gelleri put his students in charge of designing the currency vouchers, as well as managing its accounts and administering the scheme.
Local Currency Local currencies value time, build community, and keep business moving even when credit dries up. posted Jun 05, 2009 Total dependence on one currency is like total dependence on one crop, or, for that matter, a single energy source: there’s always the risk that crop failure or a cutoff in supply will topple the whole system. This is the scenario we’re seeing now—credit has dried up and unemployment is soaring. In small pockets throughout the world, in rural areas and inner cities, and spots as far-flung as Bavaria and Thailand to Massachusetts and Michigan, people are responding by launching their own currencies.
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