TRANSITION U.S. SOCIAL NETWORK

Information

Nighthawk Traders

There's perhaps no question I'm asked more often than "What about Local Currencies?" So I'm starting a study group on alternative forms of community trading. Register your interest! Soon we will begin building a prototype.

Location: local currency
Members: 64
Latest Activity: Oct 14

Quick Start Overview of Local Currencies

INSTRUCTIONS

  1. Discussions: Contribute to a discussion on any of the following topics or start a new discussion on related topics.
  2. Doers vs. Talkers: If you are inclined to dump tons of endless paragraphs about these issues, particularly other websites where people talk, talk, talk, and talk about local currencies, think again! This space is for DOERS. Ask you neighbor if you can trade something of value without using cash currencies: Report the details and results here. Try out the babysitting example: Ask for something you want "in trade" before "volunteering" the next time. Report your experiences below.

A Few Talking Points

  • Baby sitting pool model case -- You take mine for the weekend; in turn, I take yours for another weekend -- win-win
  • Lawn mowers and lawn mowing -- My neighbor "borrows" my lawn mower and agrees to mow my lawn in exchange for his not having to purchase a mower.
  • Precondition: I have NEEDS. I have OFFERS. Ready to TRADE some of mine for some of yours.
  • Barter Exchanges -- Ancient model for trading needs and offers. Limited to two people or businesses.
  • Currency -- Exchange among MORE THAN TWO entities -- imagine the baby sitting pool with 60 couples -- Keeping track of kids and balances -- Oi!!!
  • Local Flow -- what goes around comes around -- Cf. Walmart, Home Depot, Starbucks -- Cash register payments go immediately out-of-state. Cf. Trade Local.
  • Local business incentives -- Local carpenter paid 40% alternative and 60% cash for painting local business establishment. Local business gets beautiful paint job. Painter redeems credits for meals for the family. Parties for Transitioners.
  • Local Tax Authorities -- how would you like to receive credit toward your real estate taxes with value you accumulate by working for Transition...
  • Electronic "banking" -- debits, credits, balances, negative balances, invoices, statements, accounting, IRS -- without "outsourcing" our record keeping to cash banks
  • Paper money -- Ithica dollars -- "In Ithica we trust"
  • IRS -- Accounting requirements for professional services vs. "volunteer" services

Sign up. We're establishing a mailing list at this point. Determining the scope of local interest. We have also set up an online trading account which will be used as a prototype -- sponsored by my community, Nighthawk Circle in Louisville. Sometime around mid-November we'll actually begin real local trading. When we're up to speed and your locality is ready, this group will assist to set up your own community exchange. Patience! There's groundwork to be laid.


Discussion Forum

Les Squires

Introductions and Experiences with Local Currencies 33 Replies

Started by Les Squires. Last reply by Favorpals.com Sep 1.

Les Squires

Bright Neighbor -- Neighborhood Trading 7 Replies

Started by Les Squires. Last reply by Favorpals.com Sep 1.

John Rogers

Design Principles for Sustainable Local Currencies 6 Replies

Started by John Rogers. Last reply by John Rogers Jul 28.

 

Members (64)

Kathy Jacobson John Rogers Les Squires Constantine Faller David E Greenwald Monica King nika Favorpals.com bob banner Eve Francis Ayley Karen Engelsen Andrew Langford Michaela Maestas David Floyd Urchek Diane Lutzke Lanny Cotler Ann Brigit Waters lane David Eggleton Jen Mazer Ning The Merciless Stephinity Salazar Larry Chang Michael Brownlee Judith Newton Geoff. Waterhouse David Hingston Diane
 
 

Nominate Your Favorite Quote

"Money is like blood," says NEF researcher David Boyle. "Local purchases recirculate it, but patronize mega-chains or online retailers," he says, and "it flows out like a wound."

"Holding each other in the highest future intention" ~ Theory U

Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has. ~ Margaret Mead

Be Yourself. Everyone Else Is Taken!" ~ Charles Shulz
 

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