The Freecoin ToolChain
The experimentation on the Digital Social Currency Pilots in D-CENT can be conceived as an open-source approach to decentralized complementary currency design, which becomes ever more relevant where pilot communities are already actively designing tools for collective engagement and decision making on monetary economic matters affecting their communities. D-CENT is going to prototype the Freecoin Toolchain as a set of features that are apt to advance the state-of-the-art in two... Read More
DYNDY Reader AC-Adaptor 0.8
The crisis goes on, and so does DYNDY in its effort at proposing new effective landscapes for structurally counteracting the institutionalization of austerity. The goal is to set viable standards for beginning to live the future of money, in the present. During the past year, DYNDY has been critically active within Hacklabs, Social Centers and occupied theaters, alongside with international policy institutions like the United Nations, academic circles, the Complementary Currency... Read More
Bitcoin, the end of the Taboo on Money
Bitcoin is a decentralized system of digital authentication that facilitates the circulation of value on the Internet without the presence of any intermediaries, a characteristic that has often gained it the definition of digital cash or crypto currency, since it can be used as money for payments. This article consists in a technoetic inquiry into the origins of this technology and its evolution. This inquiry will take in consideration the biopolitical dynamics that govern the... Read More
Occcu: Occupy Currency – Basic-Income Global Community Currency
Alternative forms of money are designed to compete directly against global financial power, and this is a good news. Indeed, on 28 January 2012 at the gates of the World Economic Forum held in Davos, it was presented to the media a new version of community global currency, i.e. the OCCupy-CUrrency or Occcu. The project has been developed in Austria by a team of students led by Roland Alton Scheidl at Vorarlberg University of Applied Sciences with the aim to offer a Basic-Income... Read More
The Solution offered by the Analogy with Process Ecology: CCCs – Community and Complementary Currencies
In the money creation process, the monopoly of a monoculture of national currencies frames a system, which is constitutively characterized by a significantly fragile structure. The eventual focus on the efficiency of the system in processing higher and higher volumes of national currencies toward necessary growth for increasing the size of total global trade has meant the total distraction from the care of those systemic parameters, which are necessary to safeguard a sustainable... Read More
Freigeld: the relational ontology of money in practice
Freigeld: FreeMoney for reacting to the Great Depression According to Prof. Thomas Greco, during the years imediately after the Great Crash in 1929, “besides learning how to ‘make do, or do without’, people began to establish mutual support structures, like workers’ cooperatives, many of which would recycle and repair donated or broken items. People learned to share what they had, and to by-pass the market and financial systems” (Greco, 1994). One of the problems... Read More
Natural Savings
Natural Savings are the complementary answer to the narrowed functionality of modern bank money with regards to the micro-financial sector. By virtue of the latter, borrowers automatically face the hurdles of monetary inflation and currency devaluation, whereas micro-finance institutions operate under the constraints of banking regulation and central banking practices, which often contrast the unfolding of financial inclusion or, in other words, the decrease of the ‘financial... Read More
SCEC – Italy
In general complementary currencies are designed to create new wealth, both financial and social. In a nutshell, they are thought of as financial resources to increase social capital while maintaining in the best conditions the natural capital. Therefore, they foster co-operation, because they resemble some of the features a gift economy presents: horizontal and a-centered connection between peer-participants. Both complementary currencies relationships respectively with scarcity... Read More