If we think of the household or homestead as a small community – where we all have services we are offering each other – then creating promises toward those offerings (like doing chores) could result in receiving other offerings (like a limited allowance of internet or screen time). This sounds a lot like an economy. The word economy stems from the Greek – household management.
Articles by Will Ruddick
By Will Ruddick
2022 Recap
This year has been amazing – Rising up out of extreme challenges in 2020 and 2021 - we got our software, legal and implementation streamlined and seeing Community Inclusion Currencies (CICs) rapidly growing.
By Will Ruddick
Beyond the $ merry-go-round - Traditional Wisdom of Mweria
Mweria is an ancient social contract of mutual aid – there is a debt to be paid by the person receiving the support – which is paid as they help others. It is a beautiful form of reciprocal exchange.
By Will Ruddick
Why Celo
There is no other EVM chain (on which our software stack is built) that has agreed to let us be part of the infrastructure or has the last mile solutions, community and liquidity Celo offers.
By Will Ruddick
Connecting and adapting financial instruments to social and bio-regional regeneration
It is wonderful to be among a community of practice that is connecting and adapting financial instruments to social and bio-regional regeneration.
By Will Ruddick
Credit Extension: With a little help from my friends
A long time ago - before there was ‘money’ in the form of national currencies, there was credit. Specifically promises, commitments, agreements, vouchers, IOUs, and in general trust. These older forms of credit are still all around us! We interact with credit in so many ways in our life – they might as well be the invisible air we are breathing. But once you start learning to spot credit you will seeeeee it everywhere.
By Will Ruddick
Acknowledgment and Settlement of Debt
How do we acknowledge and settle historic debts using a Community Inclusion Currency? Often, acknowledging and settling debts is one of the first things a community will do to maintain a healthy economic commons.
By Will Ruddick
From Web to Winnowing Basket (Uteo)
What models do we have for commons that we can relate to? The Winnowing basket is one of my favorites .
By Will Ruddick
Shillings from Heaven / Wörgl's Miracle
Creating and exchanging promises (credit obligations) builds thriving communities and should be enshrined a basic human right. The story of Wörgl is the first implementation of demurrage and has been an inspiration for Grassroots Economics and many others. I hope it inspires you and you share the hope you find here with others.
By Will Ruddick
31 Currencies - Mid-year 2022 Report
Since May (roughly 3 months) we’ve seen 20,481 user to user transactions with a trade volume of 3,746,594 Kenyan Shillings using 31 different Vouchers (CICs) in communities across Kenya including Bangladesh (Bangla-Pesa), Kakuma, Kitui, Kwale and Nairobi.
