Episode 015 - Mutual Credit on the Blockchain: Building Local Resilient Economies with David Casey

In this episode, Jahed and Martin talked with David Casey, the Founder and CEO of Resource Network. Trained in political economy, David spent nearly a decade thinking about how to build local, mutually supported communities in the real world. He is a co-founder of Numundo, a network of ecovillages, intentional communities, permaculture farms and retreat centers. That experience informs his current work on Resource Network, a marketplace and ecosystem that is using blockchain technologies to bring mutual credit onchain. We talk about the history of complimentary currencies, how they worked before blockchain, and why the composability of web3 solves some challenges that historically limited the ability of mutual credit to scale. In doing so, we dive deep into Resource Network as a case study in decentralized finance. We hope you enjoy the episode.

Here are the show notes:

• Resource Network White Paper - https://resource-network.gitbook.io/resource-technical/01-resource-finance/readme
• CIP36 vs ERC 20 - https://re-source.medium.com/a-mutual-credit-erc20-cip-for-celo-62c04492dcde
• Complementary Currencies: Mutual Credit Currency Systems and the Challenge of Globalization - https://sites.duke.edu/djepapers/files/2016/10/Lascelles.pdf
• Mutual Credit Systems and the Commons Problem: Why Community Currency Systems such as LETS Need Not Collapse Under Opportunistic Behaviour - https://d1wqtxts1xzle7.cloudfront.net/50162121/ijccr-vol-5-2001-4-schraven-with-cover-page-v2.pdf?Expires=1652420883&Signature=WSbRPS8Qgc1SZP6k0pcz~v6tn3cfB8O8yqeSBF0EykIp76q-S~FVbyhL49uTvNUVJrQ9ZJBCs1QUeI0gzwuUfawRukHPp~czHRbobhvelpopWvPuuFvhT7cEiiryGz~cjeEe19MVN9Uc2mqfKXWEoy4HI9g2mI769eYVbduttSKIKD6JSIhLpADgTPZWWs1tm1wntaf5argGMZ~kuWMkRmdm3GQulOyRGQmEMwFeY23LoAFGdf1GsynpQ8noqkxRmS0CXiaCaMjINkaFz7OEp2hDTQonBuq8iHyywevXT-HQPNva9cfPxguzZKcEQCqeKisa9PYBqfRiczseXPSsEQ__&Key-Pair-Id=APKAJLOHF5GGSLRBV4ZA