Want better money? Join or coin, let's be open about it.

Jay, together with Venessa, Gabriel and Patrizia on Emergence Collective wrote,

We’re about to tell a story, or multiple stories of the future of money, of what could be.

But the story we tell will be emergent, our knowledge comes from the wisdom of the crowd. This is where you come in.

 

Money is was this promise

Lost: 5-Dollar Note, serial J04822471A, reward.

 

OK, so here we go. Hold on for the ride.

Money remains a promise

If we follow the paper napkin money story of Freiherr von Bethmann-Hollweg, heir of a Frankfurt banking dynasty, we can see that

Money is essentially nothing, split into two of equal and opposite size. Credit. Debit.

 

Our blind spots about money 

There are four layered reasons why we have a blind spot for structural issues inside the money system. Bernard A. Lietaer explains.

1. History: centuries of centralized money charging interest, resulting in boom/bust cycles and causing wealth concentration.
   
   
2. Ideology: capitalism, communism and other -isms all use the same kind of money, monopoly bank debt based.
   
   
3. Academic taboo: funding is likely to dry up for those who talk about changing the money system. The "Nobel Prize in economics" is awarded by a central bank.
   
   
4. Lobbycracy: The best lobby is one you do not recognize as such, and this one is dead set to maintain the status quo - central banking. 

 

Meet Bernard A. Lietaer

See him explaining causes and solutions in 19 minutes at TEDxBerlin. 

If your time is at a premium, jumpstart the TEDx talk at 11 minutes.

 

 

If you can invest 40 of your minutes to root out blind spots and see what few others have seen before, at the Covering the Crisis conference, Bernard A. Lietaer explored in-depth the new paradigm of money.

Bernard A. Lietaer on Monetary blind spots and structural solutions

from European Journalism Centre on Vimeo.

 

Sustainable money is about trust and choices

Sustainability depends on efficiency and resilience.

Both follow from interconnectivity and diversity.

Money as a monoculture is at high risk to blight and parasites.  Diversity with money means

Choice 1: Central bank money that we know to trade with people that we do not know.

Choice 2: one of the complementary currencies that people co-create in a trust network.

 

Building our shared future

It looks like there are many choices. One would be mobile money via your cell phone.

Another one you want is local currency. Get your butt off this screen and ask the people you trust.

Build a movement.

Are you about to tell a story, or multiple stories of the future of money, of what could be? Please do share. Thank you.