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Alternative currency

An alternative currency (or private currency) is any currency used as an alternative to the dominant national or multinational currency systems (usually referred to as national or fiat money). They are created by an individual, corporation, or organization, they can be created by national, state, or local governments, or they can arise naturally as people begin to use a certain commodity as a currency. Mutual credit is a form of alternative currency, and thus any form of lending that does not go through the banking system can be considered a form of alternative currency. When used in combination with or when designed to work in combination with national or multinational fiat currencies they can be referred to as complementary currency. Barters are another type of alternative currency. Often there are issues related to paying tax. List of alternative currencies[edit] Advantages[edit] Alternative currencies are reported to work as a counterbalance for the local economy. Disadvantages[edit]

Local currency See Emissions Reduction Currency System for community based initiatives aimed at emission reduction In economics, a local currency, in its common usage, is a currency not backed by a national government (and not necessarily legal tender), and intended to trade only in a small area. As a tool of fiscal localism, local moneys can raise awareness of the state of the local economy, especially among those who may be unfamiliar or uncomfortable with traditional bartering.[citation needed] They encompass a wide range of forms, both physically and financially, and often are associated with a particular economic discourse. Terminology[edit] Local currencies are sometimes referred to as a community currency. Alternative currency - often used, but in essence this term is deceptive in many cases, as many currencies are designed to be complementary, and not to substitute conventional currencies.Auxiliary currency - far less common, as synonym of community or local currency. Characteristics[edit] 1. 2.

Home Download Software | Complementary Currency Resource Center Please Note: To be added to this list, the software must be in use by an existing Complementary Currency System that is registered in the ccDatabase. Otherwise, it will be added to the bottom of the list. Community Accounting for Drupal An accounting module for popular content management framework, Drupal. Integrate your accounting with all your community’s other online activities! Community Exchange System (CES) CES is an internet-based, global CC network currently (June 2006) serving over 40 independent exchanges in 8 different countries. Project Website: www.ces.org.za Contact: Tim Jenkin info (at) ces.org.za Cyclos Cyclos is enterprise-class open source secure transaction, accounting and marketplace software. For a working example of the software, see: (demo) Project Website: Download: Contact:info@cyclos.org Community Forge Local Exchange CCLite Swap ‘n Roll

Hub / Ven - Global Currency / Projects / Ven is Social Currency / Notes Ven is a global digital currency used by members of Hub Culture to buy, share and trade knowledge, goods and services. It can be exchanged to anyone with an email address worldwide and spent at any Hub Culture Pavilion via the HubCulture.com platform. API protocols at our Developer Portal allow Ven to be exchanged anywhere, for everything and link the currency to both social profiles and hubs for shared group projects. The value of Ven is determined by the financial markets in a weighted basket of currencies, commodities and carbon futures trading against other major currencies at floating exchange rates. Currently over 50 million units of Ven have circulated, and it can be used to purchase anything from commodities to fashion to cars to a coffee. Watch a Ven video. Hub Culture recently announced the development of Ven Authorities, a project to enable partners to issue and redeem Ven through integrated ecosystems. Using Ven It's free, simple and instant. Ven Advantages Green. History

Mark Boyle (Moneyless Man) Mark Boyle aka The Moneyless Man (born 8 May 1979) is an Irish activist and writer best known for founding the online Freeconomy Community, and for living without money since November 2008.[1] Boyle writes regularly for the Freeconomy Blog and British newspaper The Guardian. His first book, The Moneyless Man: A Year of Freeconomic Living was published in 2010.[2] Boyle currently lives near Loughrea, in the west of Ireland. Mark Boyle grew up in Ballyshannon, County Donegal, in north-west Ireland. He took a degree in Business at the Galway-Mayo Institute of Technology, before moving to the UK in 2002.[3][4] During his first six years in the UK, Boyle lived in Bristol and managed two organic food companies. In 2007, after a conversation with a friend during which they decided "money... creates a kind of disconnection between us and our actions", Boyle set up the Freeconomy Community.[6] Later in the same year, Boyle developed an alternative plan: to live without money entirely.

Social Capitalism: The Value Game The Value Game (TVG) introduces a new class of business plans that will help communities to articulate social capital, creative capital, and intellectual capital toward the production of goods and services. The earliest versions were developed in a international education project in Mexico under NAFTA (1996-1997), and at The Boeing Company (1998-2008). More recently, Social Flights deployed TVG in 2009-2011, and CRManage in 2011-2013. TVG is a multi-agent algorithmic game comprised of a shared asset and a collection of diverse players (agents) in whose individual best interest it is to preserve the asset (sustain play) rather than consume it (game over). The proper selection of the asset and the proper grouping of the players defines the game incentives and payouts (sources and sinks). General Form: The following video describes an early version of The Value Game beginning with the Airplane Game and then generalizing the idea to include all shared asset communities. Case Studies:

The Resource Based Economy The Social Currency: Time - Purple Pointr If anybody wants to access your time or knowledge or influence, they would have to pay for it with their own.Dan Robles Thousands of social currencies are emerging as people lose confidence in the ability of the dollar to store value. At the end of the day, a currency is a social agreement. People need to agree that whatever they use for the storage and exchange of value accurately represents their productivity – otherwise they will not work for it. Of course this is much easier said than done. Well, to me it is time, and maybe attention. Invest your time in saving time for many others. Let's see how this works out. More, much more ... The DIKW Model of Innovation by Richard Gayle Data simply exists.

Promoting Skillsharing | Learn Skills, share tools, save money and make great new friends Streetbank is very like Justfortheloveofit. It lets you share things and skills with your neighbours and join in with community discussions. If you'd like to move your Justfortheloveofit account over to Streetbank, just enter your email address below and we'll pull your details across. Enter your email here Why is this happening? Justfortheloveofit.org has grown very large very quickly, in fact there are over 50,000 of you! Is Mark still involved? Yes, Mark is now part of the Streetbank leadership team. Tell me more about Streetbank Streetbank and Justfortheloveofit are very similar, with similar aims, and ideals. Can I still use the old site? You can still reach the old site for a limited time from here if you need to read it or find some information.

A Blueprint For A Circular Economy: Reusing And Refurbishing For Prosperity Important question: How can we maintain global prosperity when natural resources are increasingly scarce, the planet is in increasing disrepair, and 3 billion people are expected to join the "middle class" by 2030? According to a fascinating new report, the answer is a "circular economy," where materials and products are restored and regenerated much more widely, and where the emphasis is on leasing, renting, and sharing, rather than consumption and ownership. "In a circular economy, products are designed for ease of reuse, disassembly and refurbishment, or recycling, with the understanding that it is the reuse of vast amounts of material reclaimed from end-of-life products, rather than the extraction of resources, that is the foundation of economic growth," the study says. In fact, this is no wild-eyed dreaming. The report argues that the current "linear" model of "take-make-dispose" is likely to lead to ever-increasing prices and volatility in the next few years.

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