MONEY / LIQUIDITY
ALTERNATIVE CURRENCIES
Also known as Complementary Currencies, LETS, etc
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ABOUT ALTERNATIVE MONEY
Many different systems ... all over the world
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South Africa
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South Africa
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Community Exchange System – Public Domain Money
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Community Exchange System – Public Domain Money
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time-banks
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time banks
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Kilowatt Cards
An initiative of the P2P Foundation going back to around 2009. The system is not active as of Aoril 2018.
Description
'Kilowatt Cards are paper notes worth 10 kilowatt-hours (kWh) of electricity each. They are backed by a promise to exchange them for the face amount of electricity delivered to any residential utility account - the 'electricity standard.' While some people want gold and silver, everybody wants heat or light or transportation. Active Kilowatt Cards have stable value because they are denominated in units of energy, a physical constant, and can be used to pay for electricity bt REDEEMING them at kilowattcards.com/redeem.cfm. 10 kWh equals 10,000 Watt-hours, enough energy run a 100 Watt light bulb for 100 hours. At this time the cards are worth at least $1.00 to $2.00 in trade, depending on your cost of electricity. Since they are good to buy electricity everywhere, they are good to buy anything else.
Before accepting Kilowatt Cards as payment you should AUTHENTICATE them using the form below to verify they are real and active. Enter the last six characters of the serial number. If the card is real and active, two extra characters will be returned for you to write on the card by hand, forming the end of a new six-digit serial number. If you do not write the extra characters on the card it will have the wrong serial number afterwards and no value. Write clearly and cross out the first two characters: then it will have a new six-digit serial number, and no one who held it before can use a copy. Active cards can be traded to anyone and authenticated an unlimited number of times if it is done correctly each time. This process is our way to stop counterfeiting since we can't call in the FBI.
Kilowatt cards can be redeemed to pay for electricity anywhere using this web site. But power companies do not accept them, we do, then send money to the company in its local currency. Kilowatt Cards have some trading value everywhere, even places without electricity.'
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Kilowatt Cards
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NEW ZEALAND
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Local Currencies ... New Zealand
Helen Dew from New Zealand on Local Currencies
http://le.org.nz/
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Open file 1431
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Helen Dew from New Zealand on Local Currencies
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open external link
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Regional Currencies
An explanation of regional currencies and how they work ... mainly related to Germany and Europe
Published on Aug 5, 2010
What are regional currencies? Regional/local currencies are a relatively new phenomenon in economy. Since in 2003 the 'Chiemgauer', a local currency at the lake Chiemsee (Germany) started off, the project has inspired many similar projects, and enriched the ideas about how money can function a lot.
Regional currencies are a medium of exchange designed for a certain region, which are used in addition to the currency of the country.
| Open file 1432
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Germany
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Alternative Currencies
RegionalEntwicklung.de
Creating Our Own Money: Examples
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Open file 13592
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Deschutes Trade Exchange
I'll Trade You Mine If You Trade Me Yours ... Deschutes Trade Exchange offers alternative currency for local businesses ... founded by Thom Gates
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Open file 3880
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TECHNOLOGY
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Alternative Currency ... A technology based system of exchange
LAUNCHING MEANS OF EXCHANGE
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Open file 3888
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TIME BANKS
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Alternative Currency ... TimeBank
Timebanks - the modern bartering
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Open file 3893
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Alternative Currency ... Fourth Corner Exchange
Fourth Corner Exchange is the Pacific Northwest (USA) chapter of the Life Currency Cooperative Exchange
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Open file 3895
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Alternative Currency Initiatives
Information about several hundred alternative currency initiatives ... Type of Local Exchange System / Community / Country / Date of Registration
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Open file 3896
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Alternative Currency ... Greece
Euros discarded as impoverished Greeks resort to bartering ... Communities set up local currencies and exchange networks in attempt to beat the economic crisis
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Open file 3915
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Complementary Currency ... Berkshares
About Berkshares ... Alphabetical Listing of businesses accepting BerkShares
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Open file 4937
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Alternative Currencies ... Database
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Database of Alternative Currencies
'http://www.complementarycurrency.org/ccDatabase/les_public.html'
| Open external link
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BLOCKCHAIN / Bitcoin
The first cryptocurrency ... a gamechanger, but what game?
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Introduction to Bitcoins
VIDEO There are two videos here that describe how bitcoins works ... The value of bitcoins is not entirely clear ... but it is worth some thoughtful analysis. The old fashioned paper
| Open file 0276
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HOW MONEY WORKS
How money enhances the financial economy while detracting from the real economy
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The role of currency
Local Currencies: Catalysts for Sustainable Regional Economies
| Open file 1429
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Alternative Currency ... Exchange analysis
Design concept of community currency based on fuzzy network analysis
| Open file 3885
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Design concept of community currency based on fuzzy network analysis
Masayuki Kokabu et al Kyoto University, Japan
This paper proposes a way to evaluate the ability of exchanging goods and/or services via
community currencies by introducing a method to analyze the reciprocity of communities based on
a fuzzy network analysis. These currencies are expected to reinforce various social communities
that face difficulties due to the attenuation of human relation, and dramatically spread over to
resolve these difficulties. Community currencies circulate in particular areas or communities and
are expected to enhance social capitals. The significance of reciprocity in a community is
discussed which is used to evaluate the community where the nonadditivity of the evaluation
measures reflects the nonadditivity of relationships among community members and/or members’
activities. That is, we use a fuzzy measure to analyze the reciprocity based on the fuzzy network
analysis which provides us with a certain guideline for the emergence of interpersonal relationally
among members in a community.
http://www.truevaluemetrics.org/DBpdfs/LETS/CommunityCurrencyDesign.pdf
| Open PDF ...
Design concept of community currency based on fuzzy network analysis
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Ideas ... Doug McDavid ... Transaction Agreement Unit (TAU)
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Transaction Agreement Unit
Transaction Agreement Unit is the first system proposal I have seen in recent years that was clear about the idea that 'money' had a dual role as a 'unit of account' for both the transaction and the value. This idea can be used more generally in order to have transactions that have multiple impacts and therefore changes in multiple czpitals.
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LETS ... Community Currencies
New Values, New Currencies ... 2014
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