News Release – Sarapis Foundation 2.21.18   Sarapis Foundation Partners with Vermont Resilience Lab to Relaunch Open Source Project -Innovative Program Expands to Help Grow Local and Cooperative Economies. Builds Code for Cooperation.-   New York, NY – The Sarapis Foundation is pleased to announce their newest collaboration, the expansion of an open source mutual […]

(And angling to advance our alliterations!) Hello! We’re community-raising! OSCurrency (short for “open source currency”) is a user-driven, open source platform to help place-based communities build their own customizable economic networks using mutual credit cooperative transactions and connect into a wider community of peer networks for mutual benefit. Our mission is to build and maintain […]

FAQ: Is this a blockchain project? No. We are mutual credit. Mutual credit takes 2 forms in the United States: Business Trade Networks (price-based and taxable)and Time Banks (time-based and volunteer led). Both of those have existing legal and tax compliance issues going back as far as The Exchange and Fiscal Responsibility Act of 1982. […]

FAQ: Why do you ask for donations in cash if you’re building a system that uses something other than cash? Some people call projects like ours “alternative currency”. Legally and philosophically, we are not this. Legally, mutual credit is a type of accounting system that was made legal via The Exchange and Fiscal Responsibility Act […]