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| | see [[FairCoop]] |
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| =Description=
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| Cat Johnson:
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| "Imagine an online cooperative that supports economic equality around the world and is free from state control. This is the vision for Fair.coop. First envisioned by Enric Duran, cofounder of the Catalan Integral Cooperative, Fair.coop is an extension of peer-to-peer values, open cooperation, and hacker ethics. If Fair.coop's lofty ideals are realized in a concrete way, it could prove revolutionary.
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| Using Faircoin, a cryptocurrency, Fair.coop's goal is to reduce inequality as much as possible by using market forces to, as stated on the website, “hack the foreign exchange market by inserting the cooperation virus.”
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| The main objective of Fair.coop is to provide a means by which collectives in the Global South may receive donations in, and save, Faircoin. As the value of Faircoin increases, so too does the collective wealth of these communities. To start, Fair.coop has been supplied with 10,000,000 Faircoins, which represents 20 percent of total existing coins. The project marks the beginning of a concrete plan to alleviate economic inequity without going through the channels of nation-states. It is driven exclusively by civil society.
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| Alleviating economic injustice is no small undertaking, to be sure, but as Stacco Troncoso of the P2P Foundation writes, “The punk rock spirit that underlies the Fair.Coop initiative is admirable. Infused with an attitude transcending punk’s DIY ethos and arriving at a DIWO (Do it with Others) position, Fair.Coop has decided to tackle the big picture, reaching out to people and collectives who want practical action to offset the abundance of rhetoric.”"
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| (http://www.shareable.net/blog/faircoop-using-cryptocurrency-to-bring-economic-justice-to-the-world)
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| [[Category:Cooperatives]] | | [[Category:Cooperatives]] |