Comments on: Transitioning (6): Re-thinking Money Creation and Fostering a new Ecology of Currencies https://blog.p2pfoundation.net/re-thinking-money-creation-and-fostering-a-new-ecology-of-currencies/2011/08/31 Researching, documenting and promoting peer to peer practices Wed, 10 Oct 2018 14:32:25 +0000 hourly 1 https://wordpress.org/?v=5.5.15 By: Michel Bauwens https://blog.p2pfoundation.net/re-thinking-money-creation-and-fostering-a-new-ecology-of-currencies/2011/08/31/comment-page-1#comment-485968 Thu, 01 Sep 2011 04:12:06 +0000 http://blog.p2pfoundation.net/re-thinking-money-creation-and-fostering-a-new-ecology-of-currencies/2011/08/27#comment-485968 In reply to matslats.

It would be really great if you could write a little article summarizing your critique!

]]> By: matslats https://blog.p2pfoundation.net/re-thinking-money-creation-and-fostering-a-new-ecology-of-currencies/2011/08/31/comment-page-1#comment-485966 Wed, 31 Aug 2011 12:59:06 +0000 http://blog.p2pfoundation.net/re-thinking-money-creation-and-fostering-a-new-ecology-of-currencies/2011/08/27#comment-485966 The currencies created so far by Transition towns in the UK address none of the concerns outlined above, being both backed by, and denominated in UK pounds, and have failed to entice any but the most devoted transitioners to use them. Any alternative currency faces stiff opposition when set in competition with more efficient, ubiquitous and trusted national currencies.
As monetary activists we really need to address this high failure rate by:
-publically reporting data ( (I propose http://complementarycurrency.org) so it is available for mining by academics.
-working together much more to share scarce knowledge about money design and implementation
-building up local production of essential goods and services, not concentrating on retail
-building a sense of mutual trust which surpasses even our trust in transnational banking corporations.

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