The Blockchain Socialist

CCG Chronicles #5 - The Credit Commons, Currency Design, and Totemomics

March 20, 2022 The Blockchain Socialist
The Blockchain Socialist
CCG Chronicles #5 - The Credit Commons, Currency Design, and Totemomics
Show Notes

This episode is a continuation of the CCG Chronicles series which is a collection of interviews conducted during the Crypto Commons Gathering (CCG) in Austria back in August 2021. The interviews were also filmed to potentially be a part of a documentary I'm making with a few others.

I interviewed Matthew Slater, creator of the Credit Commons Protocol which is a mutual credit accounting software ( which does not use any blockchain). The Credit Commons Protocol allows for ledger to be recursively nested allowing trading blocs of all scales to exchange with each other without using money. This accounting is used commercially by business barter systems, and socially by LETS and time banks. Matthew has a lot of experience working with various types of communities look for alternatives to the traditional monetary / economic system without using crypto or a blockchain which he explains more on his personal site as well as in his Money & Society MOOC. We discuss some of his criticisms of the crypto space regarding tokenomics (or what he calls totemomics) as well as how his opinions shifted while attending the CCG.

If you want to financially support our efforts in making the documentary, you can donate so far with bitcoin, ethereum (any layer), or NEAR at the addresses listed on the website. We’re still unsure when exactly anything will be published, but we’re hoping within the next year although that will depend on the amount of support we can get from the community.

If you liked the podcast be sure to give it a review on your preferred podcast platform. If you find content like this important consider donating to my Patreon starting at just $3 per month. It takes quite a lot of my time and resources so any amount helps. Follow me on Twitter (@TBSocialist) and join the r/CryptoLeftists subreddit and Discord to join the discussion.

Support the show

ICYMI I've written a book about, no surprise, blockchains through a left political framework! The title is Blockchain Radicals: How Capitalism Ruined Crypto and How to Fix It and is being published through Repeater Books, the publishing house started by Mark Fisher who’s work influenced me a lot in my thinking.

The book is officially published and you use this linktree to find where you can purchase the book based on your region / country.