All, Levi, What happens is we define the unit as an hour and let people record their transactions in those unit as they trade. This solves the who issues how...
Michael, You write at the end of yourpost: " Until you understand such basics of cc as this you really can't contribute usefully to discussions on cc." Note...
Hi again Levi writes However, one day it struck me that the very simplest method is to simply issue so many hours per adult participant and to maintain a ...
All, I left a sentence hanging in my last post: What is clear, is that insisting that there is no debt just commitment that should read: What is clear, is that...
... That pattern is already practiced by Cyclos community where newcommers start with cc money issued automatically by community account which goes negative. ...
All, I am re sending this with corrections please accept my apologies too much writing on too many lists with insufficient editing. You can ignore my last two...
Has anyone had any experience here in administering a cc network using Cyclos. What has been your experience? -Chris ***************************** E.F....
... newcommers start ... negative. ... amount ... done by ... I'd like to try to clarify how Cyclos and many other software systems handle this. It's perhaps...
Yes, I administer one of them, voluntarily till now...;) Cyclos is very flexible as a cc tool and could be parametrised in many ways, as barter, time-bank,...
Cal, Many thanks - all the more so as I recall recent mention of your having 900 unread posts in your In-box' ! Anyway, it all seems to boil down to the...
... Ernie is on the case. This is the same complaint I have about some of the implementations of LETS I have reviewed. --essentially they seem to have a...
Mr Pilkington makes a speech telling the pigs how impressed he is with Animal Farm, especially with the hard work and poor rations of the farm animals....
Todd Boyle wrote: "That's what you always get with a fractional reserve system or any system where ARs don't equal APs. ... OK, (caveat; I am not an...
Hi Cal Seems to me a couple of things are getting confused re "time". "Money" is inherent in any barter network where "time to pay" aka "Credit" is granted by...
Pennies may soon be a thing of the past by JEFF DONN, "...A penny bought a loaf of bread in early America, but it's a loafer of a coin in an age of inflation...
I ride a bicycle extensively, and see many pennies on the street, every day. If you look around on the streets outside any hamburger drive thru, convenience...
Hello et al, When it comes to coins, there is an interesting fact that few seem aware of. Ecuador adopted the US dollar in 1999, dumping the sucre (whose...
Chris, Cal, all, Thank you Chris, I agree fully but would add that the common "understanding" as "a quantum of energy over time" if related to human energy...
This four step guide will give you the foundation you always wanted. Learning the basics in handling stocks. This guide will help anyone, interested in getting...
... "...government borrowed more and more to fund its programs and wars using the Federal Reserve bank to monetize it into Federal Reserve dollars secured by...
Joseph, When speaking of cost, it means the “cost of production” and I happen to have a few coins, pennies included, in my hand right now. Either I'm ...
Leonardo, You wrote about currency that: "...Just as a meter does not get exchanged with a meter of wall or wood, nor a thermometer with 20 degrees of caloric...
It's a doozey, this money deconstruction stuff. That most of the money that my culture uses to function is "make believe" numbers, and it has been so all of my...
I think this model failed because it attacked BOTH the administration and the Federal Reserve interests. I.e. it was flawed *strategically*. ... #10C - THE...
Leonardo Wild posts: "Remember, however, that only about 3 percent of the money in the world is physical, the rest is "virtual" (as in electronic form of...
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