Mastodawn

(8/?)

The Open Credit Network attempted to formalise this B2B mutual credit, especially for enabling co-ops to trade with each other without dependence on back-issued, debt-based money;

https://wiki.p2pfoundation.net/Open_Credit_Network

Not sure whether it's still live, I haven't checked in for a while, and their website seems to be down today.

#cooperatives #OpenCreditNetwork

Open Credit Network - P2P Foundation Wiki

mike_hales 💔*!?¿*Jul 27, 2019

I've had an awareness for a couple of years, of Zuckerberg's intention to steal banking from the bankers, and pull the world's poorest smartphone users into a sticky platform-banking web. On cue, here comes #libracoin!
See @matslats of the #OpenCreditNetwork, on Libracoin
https://opencredit.network/2019/07/24/our-position-on-facebooks-proposed-libracoin/

And more here on class war among the old and new bankers
https://www.noncorporate.org/build-global-moneyless-trading-system/
Slugging it out soon with China?

Our position on Facebook's proposed LibraCoin

In the wake of Facebook’s recent announcement, community currency engineer and Open Credit Network advisor Matthew Slater asks if Libra coin is poised to conquer the world. The cryptocurrency world is reeling this week from the white paper of Libra, a coming cryptocurrency with so much corporate buy-in, it threatens to

Open Credit Network