Saturday, 14 June 2008

UnMoney and Localization

Also known as "green money"
Excerpt from a posting in the UnMoney blog 5 Feb 2008 by Chris:

Money is about to undergo a fundamental evolutionary step into community currencies. Conventional money as we know it has a built in architecture that leads to scarcity and centralization, and is not appropriate for dealing with today’s global systemic challenges. Just as there are now millions of media outlets... currencies will [shift] from centralized authoritative models to distributed ones that generate sustainability, and can handle the complexity of the modern world. Communities of all types will then be able to create their own currencies for their own marketplace and thereby liberate their wealth potential. This will become the most important evolution for society in the coming years.

The open money project aims to create the global infrastructure, tools, governance mechanisms and platforms that will give communities this capacity. With just a few clicks, they will be able to create currencies. The project has been developed by its original pioneers for over 20 years, and it is now taking off. [see the wiki that resulted from the Apr 2008 Seattle conference] The vision, architecture, technological choices, and strategy are clear. What remains is for the emergence of a larger sustained open money development group that will carry the work forward and make it a global reality.

"Green money" is not a new movement. Its watchwords are local currency, food, energy, community. For more details see
Wikipedia on LETS and other local currencies
Post-Carbon Institute
The Interra Project
Local Energy
The Community Solution
The Relocalization Network
Localize Ayrshire, Scotland
Crisis Energética, España
FEASTA, Ireland
ODAC links, especially ASPO
BALLE Business Alliance for Local Living Economies, affiliated with David Korten's People-Centred Development Forum

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