Category: Mutual Credit
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What could I learn from Tradeswap
link: Tradeswap.net Tradeswap is our australian Mutual Credit platform, I think it started out Business to Business (B2B) It’s fee based and it uses MLM to recruit new members. Mr Anderson says that 70% of the fees go back to members The proprietor Laurence Anderson says, people don’t care about the fees they will pay…
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Sardex
Sardex a B2B, Mutual Credit system born out of hard times in Sardinia “[In Sardinia] the social fabric was destroyed. And we started knitting.” Financial Times Summary ● Sardex is an electronic system of Mutual Credit for Sardinian companies. Lawyers, accountants, media companies, shops, hotels and utility companies all use it. ● To be eligible,…
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Mutul credit wikipedia and AI
I am getting quite a bit of traffic theses days so I am updating the landing page to be more useful to new people. I was wondering how much AI could help me and my conclusion is that it’s a help but it also massively misses the point 🙂
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What is Mutual Credit my Version
Mutual credit is where a group of people extend each other credit to buy things from each other There is a ledger that shows who has credits and who has debits and there is no interest No Money ever changes hands and people are encouraged to return their balance to zero.
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Fediverse
One of the secret powers of LETS is that it is a federation There are hundreds of separate LETS running under CES and they are (largely) independent BUT If you have (one) CES/LETS identity you can trade with anyone in the federation Practically if you are trading material goods you are best to trade inside…
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Local Exchange Trading System
https://en.wikipedia.org/wiki/Local_exchange_trading_system
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LETS is political
I’ve been thinking today about how nice LETS is, calm reasonable gentle and socialBUTIt’s not really is it? LETS is about alternatives and change and the money people don’t want alternatives and change BUTWith the ecosystems and social structures falling about our ears it’s what we desperately need ?