Complementary Currency

From The Desk Of The Creator

Complementary currency is created through a mutual credit system and has been in use long before advent of the crypto style currency systems. Both currency systems have their own individual features and benefits of use.

Complementary Currency was chosen to power the Alpha Model as it created through a mutual credit system. The mutual credit system was adopted as it enables members to be extended credit. Credit is one of the most important elements of growing an economy.

The videos below provide an insight into the creation and use of complementary currency through a mutual credit system.

John Bunting C.T.B.

In this video Bernard Lietaer argues that the monoculture of money is what creates economic instability, leading to liquidity crises.

He calls for a greater diversity of alternative currencies, citing innovative and enormously successful initiatives like the Lithuanian Doraland Economy, the Torekes in Belgium and Switzerland's famous alternative currency, the WIR managed by the WIR Bank.

In this video Bernard Lietaer discusses the concept of complementary currencies.

The power of complementary community currencies: Edgar Kampers at TEDxLeiden

In this video Edgar Kampers talks about the potential of complementary community currencies.

Complimentary Currency Systems: Richard Logie
Richard Logie owns and operate a credit clearing system called The Business Exchange (TBEx) in Aberdeen, established in 1995.

Richard became aware of complimentary currency systems and engaged and collaborated with various systems in the UK, Europe and the US.

In this video Richard explores the past, present and future of complimentary currencies, particularly how they're are evolving right before our eyes, how technology is enabling business and communities to grasping their benefits.