<div dir="ltr"><div><div>Dear Kevin,<br><br>of what you write below, do you mean 'complementary currencies'<br><br>i'm not aware of digital cryptocurrencies which are actually organized that way ,<br><br></div>
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,<br><br></div>Michel<br><br>Message: 3<br>
Date: Sat, 13 Jul 2013 14:11:23 -0500<br>
From: Kevin Carson <<a href="mailto:free.market.anticapitalist@gmail.com">free.market.anticapitalist@gmail.com</a>><br>
Subject: Re: [P2P-F] The (a)political economy of Bitcoin<br>
To: P2P Foundation mailing list <<a href="mailto:p2p-foundation@lists.ourproject.org">p2p-foundation@lists.ourproject.org</a>><br>
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<br>
By far the majority of digital currencies seem to be organized along<br>
the lines of Thomas Greco's credit clearing networks -- that is,<br>
they're not stores of value but rather simply denominators of the<br>
value created by the exchange process itself. The idea is to<br>
facilitate exchange between those who have no "money" in the sense of<br>
stored value from past exchanges, so that even in a local economy with<br>
"no money" in circulation, it's possible to exchange present against<br>
future goods and services. Basically set up like a checking account<br>
where you can run a limited negative balance.<br clear="all"><div><div><div><br>-- <br>P2P Foundation: <a href="http://p2pfoundation.net" target="_blank">http://p2pfoundation.net</a>� - <a href="http://blog.p2pfoundation.net" target="_blank">http://blog.p2pfoundation.net</a> <br>
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