Bernard Lietaer: Money diversity. Banco Palmas. Untitled. Tim May Corralitos, CAtcmay@got.net 1. Introduction In agonizing over what to include in my 8 or 10 minutes of talking, and my handful of pages here, I realized it would be best to concentrate on a specific example rather than speak in generalities or try to educate folks about what digital cash is, how it works, how regulators and law enforcement types will try to control it, etc.
I use an experimental--and controversial--experiment I released on the Net several years ago, BlackNet, as this example. 2. Anonymous Digital Cash The focus here is on true, untraceable digital cash, offering both payer and payee untraceability (anonymity). The implications of general digital money for national economic or monetary policy is also not the focus here. Digital cash will of course take many forms. 3. Whether digital cash is going to be deployed or not, whether it will be allowed to come or not, how various countries will react, etc., is of course unknown to any of us at this time. 4. 5. 6. 7. 8. 9. Myths. Let's clear up some common Bitcoin misconceptions. Bitcoin is just like all other digital currencies; nothing new Nearly all other digital currencies are centrally controlled.
This means that: They can be printed at the subjective whims of the controllers They can be destroyed by attacking the central point of control Arbitrary rules can be imposed upon their users by the controllers Being decentralized, Bitcoin solves all of these problems. Bitcoins don't solve any problems that fiat currency and/or gold doesn't solve Unlike gold, bitcoins are: Easy to transfer Easy to secure Easy to verify Easy to granulate Unlike fiat currencies, bitcoins are: Predictable and limited in supply Not controlled by a central authority (such as The United States Federal Reserve) Not debt-based Unlike electronic fiat currency systems, bitcoins are: Potentially anonymous Freeze-proof Faster to transfer Cheaper to transfer Bitcoin is backed by processing power This is simply not true. In March 2013, the U.S. Interview with Juan Esteban Lopez of Venezuela’s Network of Exchange Systems. Juan Esteban Lopez is from Medellín, Colombia, and has been living in Venezuela for the past four years where he has helped coordinate the Network of Exchange Systems, which has been implementing local currencies in many different communities in Venezuela.
This interview was conducted and translated by Gregory Wilpert. What is an exchange system? An exchange system is a community or popular power—as we say in Venezuela—organization, whose objective is to create a local economy, which operates in a particular locality, in a barrio, in a city, or in a municipality. That is, to create a market among the people themselves who are a part of the exchange network, in order to exchange products, services, and knowledge. It is a market with its own economy, through exchange, which has various types of modalities, but whose main objective is to create a local economy. What are these modalities to which you refer? What is the advantage of the exchange system over the traditional system? Complementary currency. Complementary currency describes currencies that exists as a supplement to our conventional (national) money.
“A complementary currency (…) is an agreement to use something else than legal tender (i.e. national money) as a medium of exchange, with the purpose to link unmet needs with otherwise unused resources” (Lietaer & Hallsmith 2006: 2). Complementary currencies advocates thus don't claim a full Separation of money and state. Purposes[edit] Complementary currencies are often designed intentionally to address specific issues or problems.[3] Most complementary currencies have multiple purposes and/or are intended to address multiple issues. In the current economic climate, some local money projects can also be promoted as low carbon, by encouraging localisation of trade and relationshipslifeboat currenciesencouraging use of under-used resourcesrecognising the informal economy Complementary currencies[edit] Types of complementary currencies[edit] Major activists[edit] Related concepts[edit]
New Economics Foundation. The New Economics Foundation (NEF) is a British think-tank that promotes social, economic and environmental justice.[1] NEF was founded in 1986 by the leaders of The Other Economic Summit (TOES) with the aim of working for a "new model of wealth creation, based on equality, diversity and economic stability".[2] The foundation has 50 staff in London and is active at a range of different levels. Its programmes include work on well-being, its own kinds of measurement and evaluation, sustainable local regeneration, its own forms of finance and business models, sustainable public services, and the economics of climate change. Work[edit] NEF works in the areas of community development, democracy, and economics. From 1995 to 2000 NEF made social audits of companies to measure and evaluate a company's social and ethical performance according to its standards.
Jubilee 2000 campaign[edit] Local Money Flows[edit] Happy Planet Index[edit] 21-hour working week[edit] History[edit] Funding[edit] See also[edit] Welcome to the Community Exchange System. Quem Somos | redebarter. LETSystems - the Home Page. Banco Palmas. (R0067) Documentário: BANCO JAK (I5) EcoTrocas.