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Showing posts from August, 2013

Adventures in Alternative Currency

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I published an epic 4200 word article on alternative currency in Aeon magazine. Take a read if you're having a lazy weekend afternoon and wish to casually reflect on the nature of economic reality. I believe that coming to basic grips with money itself is a good foundation for making further explorations into the financial system, and economic systems more generally. As I say in the article: "The financial system exists, above all, to mediate flows of money, not to question what money is. Investment banks create financial instruments that steer money from one place to another, with built-in sub-conduits to siphon it back... To draw an analogy with computer coding, we might say that financial instruments are analogous to ‘high-level’ programming languages such as Java or Ruby: they let you string commands together in order to perform certain actions. You want to get resources from A to B over time? Well, we can program a financial instrument to do that for you...  By contrast,...

LSFA crowdfunding update: Meet the Hedge Fund Gamblers & The Three Hackers

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PICK A CARD A few months ago I ran a campaign to seedfund a  London School of Financial Activism on the crowdfunding site Indiegogo. That was a great success (here's a post I wrote about some crowdfunding tips I learned from the campaign). Then my book got released, which has since swallowed up much of my time, but now I've hired some interns  (that I'm paying in alternative currencies like bitcoin, barter and Brixton Pounds), so I've now got more space to refocus back on developing the School. I've met some awesome people over the last few months, exchanging ideas over Skype with campaigners, entrepreneurs and academics in Oz, Hong Kong, China, USA, Germany, South Africa and various other places, all informing my designs for finance campaigning courses. In the mean time though, I wanted to share some photos of the crowdfunding rewards that came with the Indiegogo campaign, and one short video which shows one of the reward's magical secret. (More photos can b...