Chapter 3 – Decentralisation: centralised vs decentralised approaches

Part 2: How? (principles): Imagining the new economy

3. Decentralisation

  • Centralised approaches: State control of the money supply, Sovereign money, Modern Monetary Theory (MMT), Public banks
  • Pros and cons of state control
  • Returning to a gold standard, LibraCoin / Diem
  • Centralised vs Decentralised approaches
  • Decentralised approaches: Scrip currencies, Crypto, Faircoin, Local / independent currencies


Scott Fullwiler on Modern Monetary Theory (MMT): a primer on the operational realities of the monetary system

Matthew Slater: on Facebook’s proposed LibraCoin (now Diem).

Matthew Slater: on the electricity requirements of Bitcoin.


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