One problem with proposals for paying people building digital commons with an online #MutualCredit system, is that it's only really useful if the things we really need to live (housing, food etc) can be paid for using the system. Existing money systems have a very powerful #NetworkEffect, that's even harder to compete with than FB
Conversation
Notices
-
Strypey (strypey@mastodon.nzoss.nz)'s status on Wednesday, 05-Dec-2018 22:54:32 EST Strypey -
bhaugen (bhaugen@social.coop)'s status on Thursday, 06-Dec-2018 10:44:01 EST bhaugen While this is true, the http://www.mutualaidnetwork.org/ are working on the problem using a hybrid of mutual credit and other currencies. Requires a pretty big mutual credit network, which they have in Madison WI, and then they are trying to organize a cooperative economic network around that. They have also paid developers in "real money" as well as mutual credit.
-