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 […]
History Currency, Caffeine and Codeathons 3/27/2007 – Rich Vazquez and Tom Brown present at Cafe Caffeine in Austin, Texas. Greg Foster attends. They discuss how complementary currency software should be open source. (Credit to Douglas Rushkoff for the phrase “Open Source Currency”) 4/11/2007 – Rich, Greg, Tom decide to go with ruby on rails over […]
