Alternative Currencies Building Prosperity from London to Kenya*

Hwaairfan's Blog

Alternative Currencies Building Prosperity from London to Kenya*

The Brixton Pound, Koru Kenya, and Mazacoin are all attempting to achieve a common goal: empowering people in a monetarily unequal world, from the bottom up.

By Raúl Carrillo

Residents of Mombasa, Kenya, use local Bangla-Pesa currency. Photo courtesy of Bangla-Pesa

Death. Darkness. Deceit.

If you’ve been following recent headlines about alternative currencies, you probably find them … villainous. Last month, a Manhattan jury found Ross Ulbricht, otherwise known by the pseudonym “Dread Pirate Roberts,” guilty on seven counts, including narcotics distribution, identity fraud, and money laundering. Ulbricht also faces charges in Maryland regarding murder for hire.

Ulbricht committed his crimes while operating Silk Road, a massive online drugs marketplace. The website, hidden by the anonymity software Tor, allowed anyone to purchase not only drugs, but weapons and counterfeiting services via the crypto-currency and payments system known as Bitcoin.

Federal prosecutors didn’t…

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