Tag: money

Community-Based Research is Hard, and Worth It

I began studying the Salt Spring dollar (SSD), a community currency used on Salt Spring Island, British Columbia, Canada, for my May-August MA fieldwork period. I had heard about the currency from one of my committee members, and from some former Salt Spring residents I knew. One of the main research questions I outlined was “What the future of the currency might look like?” From the outside, there was a lot of optimism about a currency like this. Many tourists were interested in it, and many residents were proud of it. From the beginning, I knew I would have to take a community-based approach, which meant starting by contacting and meeting with board members of the Salt Spring Island Monetary Foundation, the currency’s issuer. It also meant volunteering with this community organization to exchange the currency at the Saturday market the community holds, which has many artisan goods stands, as well as food producers and prepared food. (read more...)

GameStop, the Platform-Democracy-Complex and the Promise of Crypto

The trading platform Robinhood tried to wiggle itself back into the heart of the masses with a prime-time ad during the Super Bowl break the first weekend of February. The headline was simple: we are all investors. Unsurprisingly, people got mad very quickly: what were the company executives thinking? They had in fact just done the exact opposite during the recent GameStop Saga, which saw the platform (temporarily) suspend stocks and prevented people from trading. (read more...)