I have been saying that I know of no complementary currency system based on a social networking platform apart from my own, marketplace, but all that changed this week. Congratulations to Austin Time Exchange, who launched their site days before my first site. (watch this space). … [Read more...]
Google 10 to the power 100
I just submitted my application to Google's 10 to the power 100 project to identify projects which would impact on the greatest number of people (in the opinion of the web-oriented voters). Your idea's name (maximum 50 characters): At last, local money support for the web! Describe your idea in more depth. (maximum 300 words) Money is very poorly understood; how it creates scarcity from surplus, how banks create money practically ex nihilo, by lending it, and how they then reap interest on all … [Read more...]
Herding cats
The LETS world seems to attract idealists who start projects which are bigger than their ability to pursue them. Focusing on software, I only know of one project with more than one person working on it - Cyclos. There seem to be several one man initiatives which aren't going anywhere. And it's not like everyone is trying to achieve the same thing either, which explains in part why these people aren't working together. Here is a list of people and projects I have direct experience of: … [Read more...]
Selling Local money
Perhaps you have heard of LETS, timebanks, or other community projects in which arbitrary currencies are created? Well, there is now a suite of modules to support communities trading in local money? … [Read more...]