How credit clearing can change the global monetary system: interview with Tomaž Fleischman of Informal Systems
Tom Woodroof of Lowimpact and Mutual Credit Services talks with Tomaž Fleischman of Informal Systems about credit clearing. We believe that credit clearing is one of the four crucial tools in building a new commons economy. Read more
Matthew Slater’s review of recent money news
The Credit Commons protocol was written by Matthew Slater. It’s the ‘language’ that allows groups all over the world to connect and interact. It’s a bit like the rules of chess – it doesn’t matter what kind of chess pieces or board people are using, as long as they abide by the universally-accepted rules of chess, they can play together. Read more
Review of Brett Scott’s ‘Cloud Money’
Review of Brett Scott’s ‘Cloud Money’, a ‘convoluted payments circuitry, tied together by institutions you cannot see, but who can see you’. Read more
New website and new plans for 2022 – your involvement welcome
We launched our new website in early January. It’s faster, more robust and (hopefully) easier to navigate. Please let us know if you find any broken links or any other problems. Since 2001, we’ve been developing a huge range of topics covering low-impact technologies, facilities and activities. But with the current economy and money system,… Continue reading New website and new plans for 2022 – your involvement welcome Read more
The exchange medium for the coronavirus crisis: crypto or mutual credit?
This is the third in a series of articles about how mutual credit can help us get through the economic problems caused by the corona virus. The main points to get across are: There’s going to be a shortage of money. Mutual credit is a moneyless trading system. That’s it! Mutual credit can help local… Continue reading The exchange medium for the coronavirus crisis: crypto or mutual credit? Read more
Why the future of money is mutual credit (and not Bitcoin): Interview with Thomas H Greco Jr.
Today I’m talking with Thomas Greco, who taught economics, finance and statistics for 14 years at Rochester Institute of Technology in New York, and is now an activist and consultant working on alternatives to the current money system. He also wrote the End of Money and the Future of Civilisation. I came across this book… Continue reading Why the future of money is mutual credit (and not Bitcoin): Interview with Thomas H Greco Jr. Read more
Webinar: a non-techie’s adventures with cryptocurrencies – a step-by-step guide to setting up a wallet and trading in Litecoin
This is the first of a series of webinars on specific aspects of the money system and various alternatives to it. Read more
We’re running a series of webinars on how we might change the money system – starting with cryptocurrencies
We’re determined to spread the word that any attempts to move towards a more sustainable and democratic world are doomed to failure if they don’t address the money system. Read more
How much electricity does Bitcoin consume, and what are the alternatives?
When an idea grows far beyond its original conception, develops its own culture, factions & internal dynamics, and through implementation compromises with the real world, it can become the very enemy of what it first espoused. Read more
Why an economy that’s not dominated by the corporate sector would be much better for individuals, communities and nature
Lowimpact.org is an organisation that was founded by two people in 2001 because of concerns about ecological damage and what that might mean for the future of humanity. The focus has always been on individual lifestyle change Read more
What’s the relative value of the world’s gold, Bitcoins, banknotes, derivatives, stocks & shares, property etc. See this incredible visualisation
Do you have any idea of the value of all the Bitcoins in the world, compared to, say, the value of all the silver in the world, or compared to the wealth of Warren Buffet, or compared to the amount of global debt etc.? Read more
Low-impact & the city 1: introduction – how possible is it to live in a sustainable, non-corporate way in a city?
I lived at Redfield Community for 13 years – it’s where Lowimpact.org was born – but now I live in London, and so I’m assessing my options for living as low-impact a life as I can. Read more