Interview: IPS Local Money Sets Its Own Stamp

IPS

“But I am not sure that what some people today see as the global renaissance of complementary currencies should be attributed to the global crisis,” Bindewald says. “Other factors like lower transaction costs through technological advancements and a more networked … Read the rest

Terminology: Currency vs Money

Trying to explain what complementary currencies “really” are, leads to different answers depending on who askes and who answers. Even getting the basics laid out, like “what is money?” and “what is a currency?” seems to produce conflicting answers by different prominent actors in this young discipline. Without drilling into other troublesome discourses of terminology that many natural allies often get into heated debates about, e.g. the delimitation of “complementary currency” vs “community currency” vs “alternative” and “parallel currency”, I just want to point to one particular and basic rift I see at the moment, stemming from two different views  of “currency” and “money”.
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