this post was submitted on 24 Oct 2024
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Ask Solarpunk

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submitted 3 weeks ago* (last edited 3 weeks ago) by Petros to c/asksolarpunk
 

We need altcoins as long as we interact economically over the net, with people we do not know (or simply with people outside our local communities). If we try to imagine what qualities a "solarpunk coin" should have, what are your thoughts? Do we know any existing coin, checking all boxes? This question is more about political economy of Solarpunk, then its technology.

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[–] jlou@mastodon.social 1 points 3 weeks ago

Instead of a single currency, we should have many with each currency belonging to a democratic venture commune, an association of worker coops that manages a pool of commonly-owned capital. This currency would get its value by being used to purchase access to the commune's commonly-owned means of production. It would also have built in transfer and exit fees for extracting value outside of the commune. The value of these fees could be spent by the commune on public goods
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