Dear Kevin, of what you write below, do you mean 'complementary currencies'
i'm not aware of digital cryptocurrencies which are actually organized that way , bitcoin, freicoin etc all create money through mining 'a priori' and those that do not have it, have to 'buy' it from those who have, Michel Message: 3 Date: Sat, 13 Jul 2013 14:11:23 -0500 From: Kevin Carson <[email protected]> Subject: Re: [P2P-F] The (a)political economy of Bitcoin To: P2P Foundation mailing list <[email protected]> Message-ID: <caneteey8hne0whvcfdun4evf1h1fbkemurntq65ugyefz8l...@mail.gmail.com> Content-Type: text/plain; charset=ISO-8859-1 By far the majority of digital currencies seem to be organized along the lines of Thomas Greco's credit clearing networks -- that is, they're not stores of value but rather simply denominators of the value created by the exchange process itself. The idea is to facilitate exchange between those who have no "money" in the sense of stored value from past exchanges, so that even in a local economy with "no money" in circulation, it's possible to exchange present against future goods and services. Basically set up like a checking account where you can run a limited negative balance. -- P2P Foundation: http://p2pfoundation.net - http://blog.p2pfoundation.net <http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation>Updates: http://twitter.com/mbauwens; http://www.facebook.com/mbauwens #82 on the (En)Rich list: http://enrichlist.org/the-complete-list/
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