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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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| =Interview=
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| Stacco Troncoso interviewed by Cat Johnson:
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| "What's the importance of Fair.Coop? Can you briefly describe your vision for the coop?
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| Our long term vision is to create a means for constructing a new social and economic system based on decentralized cooperation, bypassing the need for nation-states and central banks. In the short term, we are creating a space for a real collaborative, commons-oriented economy, mutually generated by projects worldwide and destined for humanity as a whole. We're compiling the sum of the knowledge distributed among different collectives for a cohesive impact.
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| What's the relationship between Fair.Coop and Faircoin? How will they intersect and/or interact?
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| Our intention is to be “Fair in name, fair in practice.” Fair.Coop uses Faircoin as its social capital and store of value. Fair.Coop is Faircoin's conscience—it's a cryptocurrency attached to commons-oriented responsibility.
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| Fair.Coop already holds 20 percent of all Faircoins in existence, which guarantees that the growth of the currency's value will go to the common good. This is guaranteed by Fair.Coop's democratic accountability system
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| What's the CIC's involvement in the project? Is it the driving force behind Fair.Coop and Faircoin?
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| A lot of the same people are involved with Fair.Coop, but the CIC as an entity is not the central leader or motor for the project. The CIC is an example of one collective attached to local bio-regional realities, but there are many more in the world, which are being united by Fair.Coop. The CIC could be thought of one more local participant, and one of many true peers in the P2P network making up the global Fair.Coop.
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| Do you see Fair.Coop and Faircoin working on a global scale? What could that look like?
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| In fact, Fair.Coop can't be anything but global; it's been specifically designed to be global; for this reason, we call it the Earth Cooperative. It's not a scaled-up local project. One of Fair.Coop's key objectives is to facilitate a global body of knowledge, capable of generating concrete impact locally.
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| At any rate, we could make a working distinction between two sets of mechanisms that'd be produced by Fair.Coop: global and local. At the local level we'd be seeing local, specialized mechanisms and knowledge which, in turn, would feed into a global open knowledge economy comprised of, among other things, valuable data and monetary and economic tools. This will be a bidirectional relationship, as both parts will nourish one another for the benefit of the whole."
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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]] |