The global open-access journal for research and analysis of community and complementary currencies
cascadia-hour-currency.jc July 9, 2012
Western Massachusetts Launches Its Own Currency July 1, 2012

First Micro-Simulation Model of a LEDDA Community Currency-Dollar Economy

October 14, 2014

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Results are presented for a first-in-class microsimulation model of a local-national currency system. The agent-based, stock-flow consistent model uses US Census income data as a starting point to project the evolution of local currency (community currency) and dollar flows within a simplified county-level economy over a period of 28 years. Changes in the distribution of […]

A Counter-Hegemonic Discourse of Economic Difference: A Critical Discourse Analysis of Timebanking in the United States

April 30, 2014

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Timebanking provides an empirical entry point into a better understanding of the discursive strategies used to legitimize alternative currencies. This study uses a post-Marxist perspective and a critical discourse analysis to examine the websites of 334 timebanks in the United States.

2014 Book reviews

April 11, 2014

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Our round-up of the latest books on community currencies – we add to this section throughout the year. The Heretic’s Guide to the Future of Finance: Hacking the Future of Money by Brett Scott (2013). Reviewed by Marie-Adélaïde Matheï Alternative Economies and Spaces: New perspectives for a sustainable economy edited by Hans-Martin Zademach and Sebastian Hillebrand […]

Posted in: 18 (2014), book review

Complementary currency and its impact on the economy

November 26, 2013

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The paper aims to show the impact that a complementary currency may have on a national economy from a theoretical point of view. A system dynamics model is created to describe the mechanics of money issuance in capitalist economies as well as in economies where there is no inside money. As an example, the first […]

Is A Global Virtual Currency With 
Universal Acceptance Feasible?

October 18, 2013

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As digital goods and services become an integral part of modern day society, the demand for a standardized and ubiquitous form of digital currency increases. And it is not just about digital goods; the adoption of electronic and mobile commerce has not reached its expected level at all parts of the globe as expected. One […]

Taking Moneyless Exchange to Scale: Measuring and Maintaining the Health of a Credit Clearing System

April 30, 2013

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Every day brings reports of new financial crises and financial malfeasance within the banking and financial establishment. In an effort to keep the banking system functioning, the largest banks and financial institutions have been relieved by national governments of tremendous amounts of their bad debts, shifting that burden onto the shoulders of the citizenry. At […]

Bitcoin: The Political ‘Virtual’ Of An Intangible Material Currency

April 19, 2013

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This paper concerns the open source software project Bitcoin, which is often described as virtual cash. The paper investigates what ‘virtual’ signifies when applied to ‘cash’ and in turn what ‘virtual cash’ says about Bitcoin. Bitcoin is the latest cryptographic effort to create digital cash-like tokens, where Bitcoin’s designer Nakamoto argues that users now no […]


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