Cool Currencies – The Kenyan Bangla-Pesa

While local currencies more generally see such vast application and have the potential to help the lives of such diverse groups, there’s evidently a lot of questions still to be answered when it comes to the function of local currencies in slum settings.

New Money Meets the Cost of Change: How Local Currencies Save Economies and Communities, and Help them Flourish

Of course the economic crisis was fundamental to the evolution of alternative economics in Greece. Although some thinkers have long advocated other ways of using and running currencies, most barter systems arise in times of upheaval where trust in the banks is eroded or they withdraw liquidity.

Bitcoin, Blockchain, and Local Currencies

The world is on fire lately with the exponential growth of Bitcoin and other electronic cryptocurrencies. While some see these as speculative bubbles that are tied to nothing, used on the dark web to ransom hacked computers, and profligate users of electricity, others see Bitcoin and its ilk as our liberation from nation states and their central banks. Both could be true. Perhaps more important is that the platform underpinning Bitcoin, called blockchain technology, and later advances such as Ethereum, have the potential to completely transform the way that the world operates.

Greece: Alternative Economies & Community Currencies Pt. 3 – FairCoop

Tools born from the internet, applied across autonomous networks and movements seeking alternatives to capitalism, are providing the infrastructure of alternative societies. In the last of our specials on community currencies and alternative economies, we showcase FairCoop, a self-organized and self-managed global cooperative created through the internet outside the domain of the nation-state.

Local currencies: The wasted opportunities

Within alternative movements there is much interest in introducing local currencies and they have been central elements in many Transition Towns and other initiatives. Unfortunately I think most of these have been quite misguided, failing to grasp the power a local currency can have, and not likely to make a significant contribution to goals such as town sustainability and resilience.

This Massachusetts Town Shows What a Sustainable Economy Looks Like

For more than three decades, the town of Great Barrington, Massachusetts, has quietly demonstrated how grassroots, sustainable, and human-centric projects could easily become the building blocks of the next economy.

How One City in Spain Launched a Local Currency

Though the community currency failed to materialize in Barcelona, the city immediately to its northeast, Santa Coloma de Gramanet, created a local currency this year. This currency — the grama — was designed to be an innovative way of enabling the city’s residents to protect their livelihoods from external economic threats