Giving the Power of Money to the People through Decentralized Mutual Credit Networks ft. Aleeza Howitt from Trustlines
08/04/20 • 57 min
This week I spoke to Alleza Howitt (@aleezagroks), a contributor to the Trustlines protocol. Trustlines is a mPoS (minimal viable Proof of Stake) sidechain to Ethereum and stores transactions for a system of decentralized mutual credit. Mutual credit is an alternative medium of exchange to most money that we use today in which "money" is created through lines of credit that are established between people who trust each other.
In this episode we discuss how Trustlines works from the smallest unit of mutual credit to an entire decentralized network of economic actors using mutual credit, why the Left should care about such an alternative monetary system, and the circumstances in which you may want to consider using this type of system yourself. If you have a community that would be interested in using decentralized mutual credit, reach out to Aleeza on Twitter and she'll help set you up!
Learn more about Trustlines
Trustlines 101
Trustlines App
Using Trustlines for time credits
If you liked the podcast be sure to give it a review on your preferred podcast platform. If you want to see more content like this, please consider donating to my Patreon starting at just $3 per month . At the moment I’ve spent more on this 9-month old project than I’ve ever made so any amount helps. Also, sign up for the Newsletter, follow me on Twitter (@TBSocialist), and join the r/CryptoLeftists subreddit to continue the discussion and give your thoughts.
Send me your questions or comments about the show and I'll read them out sometime.
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.
This week I spoke to Alleza Howitt (@aleezagroks), a contributor to the Trustlines protocol. Trustlines is a mPoS (minimal viable Proof of Stake) sidechain to Ethereum and stores transactions for a system of decentralized mutual credit. Mutual credit is an alternative medium of exchange to most money that we use today in which "money" is created through lines of credit that are established between people who trust each other.
In this episode we discuss how Trustlines works from the smallest unit of mutual credit to an entire decentralized network of economic actors using mutual credit, why the Left should care about such an alternative monetary system, and the circumstances in which you may want to consider using this type of system yourself. If you have a community that would be interested in using decentralized mutual credit, reach out to Aleeza on Twitter and she'll help set you up!
Learn more about Trustlines
Trustlines 101
Trustlines App
Using Trustlines for time credits
If you liked the podcast be sure to give it a review on your preferred podcast platform. If you want to see more content like this, please consider donating to my Patreon starting at just $3 per month . At the moment I’ve spent more on this 9-month old project than I’ve ever made so any amount helps. Also, sign up for the Newsletter, follow me on Twitter (@TBSocialist), and join the r/CryptoLeftists subreddit to continue the discussion and give your thoughts.
Send me your questions or comments about the show and I'll read them out sometime.
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.
Previous Episode
Are Public Goods Always “Good” and Will Personal Tokens Just Lead to Slavery ft. Annaliese Milano
This week I sat down with PhD student at the London School of Economics under David Graeber and Laura Bear in Anthropology and occasional CoinDesk contributor, Annaliese Milano (@AnnalieseMilano).
In this episode we spoke about her current research interests in public goods, or what she prefers to call public things. Her research suggests that studying blockchains and cryptocurrencies as public things which extend political communities in time and space and through which people reimagine various economic modes of collective being helps to reveal how the blockchain industry is creating fundamentally different forms of money and social relationships from what has been discussed in academia before. Examples of this including blockchain projects which create different monetary systems and even constitutions for governance on their platform.
We also discuss her other interest in personal tokens which aren't super popular yet but have definitely been growing in the blockchain space. One example of attempts at this include the NBA player Spencer Dinwiddie's attempt at tokenizing his contract on the ethereum blockchain. We also talk about some of the weirder examples of using personal tokens people are trying, discuss some of the obvious contradictions of them, and wonder if this attempt at financialization of the self is akin to slavery.
Annaliese's "public things" approach is inspired by Honig, Bonnie. “Lecture One: Democracy’s Necessary Conditions.” In Public Things : Democracy in Disrepair, 13-36. Thinking out Loud, 2017.
Link to the Community Post: https://www.reddit.com/r/cryptoleftists/comments/hqgv3o/community_post_the_link_between_blockchain_and/
If you liked the podcast be sure to give it a review on your preferred podcast platform. If you want to see more content like this, please consider donating to my Patreon starting at just $3 per month . At the moment I’ve spent more on this 9-month old project than I’ve ever made so any amount helps. Also, sign up for the Newsletter, follow me on Twitter (@TBSocialist), and join the r/CryptoLeftists subreddit to continue the discussion and give your thoughts.
Send me your questions or comments about the show and I'll read them out sometime.
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.
Next Episode
Art, Weed, and Blockchain feat. Chibu Ichiban from afuturemodern
This week I spoke to Chibu Ichiban, a founding member of afuturemodern, a network of coops delivering liberation tech to the masses through art, culture, and basic services. Their mission is to drive mass adoption of humanity's most radical innovations by shaping them for society's most marginalized and revolutionary communities. They leverage art, culture, service, social justice, and technology such as blockchain and artificial intelligence to the masses for the liberation of everyone, not just the few.
In the interview we talk about how weed can instigate revolution if it was legalized equitably, getting as much information on landlords as they ask of us, and how blockchain gives artists more ownership to their work If you're interested in becoming a part of the cooperative, be sure to reach out to Chibu on social media.
More about afuturemodern
github: https://github.com/afuturemodern
donate: http://opencollective.com/afuturemodern
store: https://on.replin.com/afuturemodern
cent: https://beta.cent.co/afuturemodern
peakd: https://peakd.com/@afuturemodern
keybase: @afuturemodern
telegram: @afuturemodern
instagram: https://www.instagram.com/afuturemodern/
If you liked the podcast be sure to give it a review on your preferred podcast platform. If you want to see more content like this, please consider donating to my Patreon starting at just $3 per month . At the moment I’ve spent more on this 9-month old project than I’ve ever made so any amount helps. Also, sign up for the Newsletter, follow me on Twitter (@TBSocialist), and join the r/CryptoLeftists subreddit to continue the discussion and give your thoughts.
Send me your questions or comments about the show and I'll read them out sometime.
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.
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