In support of mutual credit

I think that when people start cryptocurrency they hope that the value will go up many many times

So their initial units turn into millions

Q: Where do those unearned millions come from?

A: From all the new people buying in

So it’s a trick, a Ponzi scheme and it always collapses and people lose real money that they earned

  • Democratic-Money-Part-5.pdf


    My goal for monetary reform is to construct an interest-free exchange system thatcan complement the ideal conditions of a decentralized market economy by:1) Supporting small local and regional businesses;2) Maintaining the medium’s integrity by ensuring it is administered within the context of its use;3) Providing a means of democratic participation in local money matters, giving […]

  • The New Barter Economy

    The New Barter Economy

    PDF | A new form of barter economy is emerging in many industrial nations. People are exchanging goods and services through Local Exchange and Trading… | Find, read and cite all the research you need on ResearchGate Source: (PDF) The New Barter Economy: An Appraisal of Local Exchange and Trading Systems (LETS) Local Download […]

  • Community Exchange System

    Source: Community Exchange System | Your Talents are Your Wealth Related posts:Mutual CreditDemocratic-Money-Part-5.pdfMutual Credit – The Open Co-op

  • Making Money

    Making Money

    Q: Where does Money come from A: It is printed by the government and carries an enormous profit Q: Where do UNITS come from. A: We create them when we trade and there is no one taking a profit

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