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Comment by Les Squires on February 5, 2012 at 8:18pm

Leander Bindewald & Criterical

Does everything have a price? Is everything quantifiable by money? For Leander, after pondering these questions, this is where complementary currencies enter the scene.

After completing a Master degree in Neurobiology and another in Philosophy, for which he focused on economics and the writings of A.F. von Hayek, Leander launched himself into a career as an independent consultant in the up-coming field of complementary currencies. After finding like-minded people at Hub Brussels with whom he studied and learned, he started to develop an exchange platform for Hub members, who provided the perfect environment to test this art. And so the xchange Hub was born. What is a complementary currency? Well, it’s an additional currency completing what the main currency (money) can’t measure. It is also put in place when money is not the best way account for our exchanges. The Hubee, one of Leander´s two currencies, allows members to exchange their services without using money. It is a quantitative currency where one Hubee equals one hour of someone’s time no matter what the activity being exchanged – similar to a time bank. The exchanges need not be direct so a member can “bank” his Hubees and choose to spent them on a service from another member at a later date. The second Hub currency, the Huney, is a qualitative currency measuring the community spirit and the engagement of Hub members on a human scale; you can give Huney to somebody because you had a nice time with them or because they brought value and quality to your day and/or your project.

Leander would like to export these kinds of currencies to other similar organisations in order to add value to human sharing. In addition to his Hub project he is also developing research and training tools; giving courses and workshops in help other in applying these new social technologies in their own communities.

According to him, the Hub manages to establish a connection between business, community & friendship and with his currencies Leander helps the Hub in doing this successfully. The Hub tries to bring “something else” to this world in order to make it better: this “something else” is captured his currencies, they provide a way to visualize, measure and manage the social capital created by the Hub and its members.

For him, the Hub is nearly synonymous for Brussels because most of the people he knows here he met through the Hub. Thus it is no surprise that he collaborated with the Hub to create the xchange Hub platform. Another bigger leverage for the Hub´s claim; Another World is Happening as with Hubees and Huneys it is possible to balance the system with something money just can’t measure.

Written by Juan Martinez

Tags: Juan

Comment by Les Squires on February 3, 2012 at 9:33am

New article -- The Growing Trend of Business-to-Business Bartering in Westchester -- 914INC.

Comment by Les Squires on January 31, 2012 at 2:02pm

Is Facebook a Central Bank, Too

"Edward Castronova, a telecommunications professor at Indiana University, is fascinated by the rise of what he calls “wildcat currencies,” such as Facebook Credits." 

Comment by Les Squires on January 30, 2012 at 5:11pm

http://www.google.com/url?sa=X&q=http://beyondmoney.net/2012/01...

Comment by Les Squires on January 30, 2012 at 5:10pm

CNN reports on Philadelphia's local currency « Beyond Money
from "Local Currency" by Thomas H. Greco
CNN reports on Philadelphia's local currency. I helped RHD set up their Equal Dollars currency back in the late 90′s. Here is a recent report about it from CNN.–t.h.g.. How I buy groceries without cash – Video – Personal Finance.
Beyond Money

Comment by Les Squires on January 28, 2012 at 6:03pm

From Publishers Weekly

Money is a hot topic--Wired magazine contributing editor [David] Wolman observes that it is paradoxically something we think about "always and never." Tangible cash, on the other hand, is something "we think we know." However, Wolman believes that physical cash will soon cease to be.

http://www.david-wolman.com/2012/01/here-comes-end-of-money.html

Comment by Les Squires on January 22, 2012 at 8:27pm

Theory of LETS and Timebanks -- 

How a LETS works	Units System Fred Sue Joe +25         +20         +15   xxx     +10   xxx     +05   xxx   xxx 0   -05 xxx   xxx   -10 xxx   xxx   -15         -20         -25         Units System Fred Sue Joe
A LETS operates by Mutual Credit. A group of people come together and agree a name for the currency (or they may decide to use Hours). They create a directory of Offers and Wants to let each other know what they are willing to trade and can contact each other at any time. Organisers may also hold social events to encourage members to meet up.

Comment by Les Squires on January 22, 2012 at 9:47am

Adam Wascholl is moving to Colorado from New Haven Connecticut and inquires "Are there any upcoming events?  I'm hoping to meet up with others interested in local currency so that I'll have a group of people who may be willing to help me start one when I move to CO.  I'm involved with a group back in CT that's working on one, and I'd love to continue my work here.

Maybe we could try getting a meeting together in the next couple of weeks; I could lead the discussion.

Comment by Les Squires on January 6, 2012 at 3:16am

Be sure to view and share the Trailer for forthcoming film 'In Transition 2.0' Directed by Caspar Walsh, produced by Green Lane Films, online editing by James Engwell.  Uploaded by Transition Towns on Jan 5, 2012. Called to our attention by [Margaret Jeffries, New Zealand].

Comment by Les Squires on January 3, 2012 at 9:26am

Excellent introduction to money -- TEDx Transmedia 2011 - Jem Bendell - The Money Myth -- Share it with anybody who's feeling torn apart by the current financial situation.  Share, Share, Share is the new mantra replacing the popular marketing slogan, Location, Location, Location.

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