Posts By: Matthew Slater

Matthew Slater

Time to bin Bitcoin?

By on December 7, 2017

When an idea grows far beyond its original conception it can become the very enemy of the original idea. Just as Marx would have been horrified at Stalinism, Adam Smith disgusted by today’s capitalism, so proponents of Bitcoin’s ideals should now be distancing themselves from what Bitcoin is becoming. The economic arguments are pretty compelling.... Continue reading

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Faircoin reaches parity with Euro

By on December 5, 2017

Photo by alf.melin The radical experiment in community cryptocurrency, Faircoin, reached a milestone this week when the Faircoop assembly declared that it would sell and buy back coins from its members at parity with the Euro. This means that the cooperative maintains a pool of cash available for redeeming coins from active members who accepted... Continue reading

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Paying attention to FairCoin!

By on July 7, 2017

Two years ago I posted a bemused article on Faircoin, which was trading between some members of Faircoop at five times the price it was available on the free market. This was a social experiment being run by Enric Duran as part of his attempts to build a new financial system. It seemed to me... Continue reading

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