Download - Diy community-currency-2014

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Page 1: Diy community-currency-2014

Currency World Cafe

Which currency supports my / our intention ?

● Find your favourite on 1 of 4 tables● Money based● Time based● Crypto currencies● Colourcash

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Table 1Money based currencies

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Money based permacredits

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Money based LETS

● Local Exchange Trading System (LETS)

● Keep money in the region

● Value is connected to a place

● Interest free● Can't be bought for

money

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Money based Brixton Pound

● Valid in Brixton, London● For sale in Pound

Sterling● Cash, Notes & Text

Messaging● 10% extra purchasing

power● Income is mixture of

£ / B£

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Money based Barter

● Business swapping goods

● When there is no capital to finance trade

● Every transaction is charged

● “trade euro”

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Table 2Time based

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Time Based LETS hours

● Value = time● Exchange of services● Validity limited to a

location● All hours are equal● No interest

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Minuto

● Every participant issues vouchers

● 60 minuto = 1 hour of quality performance

● = 30 euro (in 2010)● Inflation free and local ● Current until return to

issuer / 3 years● +2 persons surety

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Table 3Internet & Crypto currencies

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VEN

● Global digital p2p currency

● For everyone, issued by Hub Culture

● Value floats between regular currencies, bulk goods and CO2 futures

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Crypto eGulden

● eGulden open source peer-to-peer crypto currency.

● send and receive direct, secure transfers from everyone in the world who also has a eGulden wallet.

● No banks or transaction costs involved making payments

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Crypto Bitcoin

● Electronic coin● Contains cryptographic

cyphers● Number of bitcoins is limited

by maths to 21 million● Harvesting bitcoins costs

processing time = energy● Transactions are secured

but not 100% anonymous, even for bitcoin-protocol users

● Mutually exchange● Bitcoin claim it is like

gold - limited volume

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Internet Ripple

● Social network community currency

● Peer-to-peer● Looks like Online Lets

with user who “trust” each other

● Pay to untrusted peers using a series of “trusted” peers.

● Value of XRP floats on the market

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Table 4Colourcash

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Colourcash

● 3D or 6D system to approach ecologic value

● Goal = balance● Transparency, responsibility● Matter within lifecycle,

outside life cyce and energy are counted for seperately

● Value is related to a natural product or utensil using S.I units like Watt, kg

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