will on lending

via will ruddick tweet/thread [https://x.com/wor/status/1914229791160492173]:

Freeing Lending from Cash Before Banks, Credit Unions and Village Savings and Loan Associations there were Rotating Labor Associations. You didn’t borrow cash. You borrowed people’s time. Their hands. Their help. *You repaid with the same. Then came the cash box. —saving cash together, lending cash, sharing out. A powerful model. But stuck in cash scarcity. Because cash is always limited. So what if we **freed Lending from only cash? What if members could lend and borrow what they already have— Food. Labor. Care. Skills. In the form of ***vouchers—tracked on line. A day’s work. A basket of tomatoes. A week of tutoring. ****Commitments, not coins. This is Commitment Pooling. Digital, transparent, trust-based lending. Swapping promises, not just shillings. It works like a VSLA, feels like a chama, and scales like code. And when cash is needed? Groups *****earn it—through certified action. Reforestation. Childcare. Mutual aid. Verified with EcoCerts, converted into stablecoins. From ancestral labor cycles to blockchain smart contracts— ******We’re not reinventing community. We’re remembering it. Let’s lend more than money. Lets lend what we already are: enough.

*tit for tat ness.. any form of measuring, accounting, people telling other people what to do as cancerous distraction

**via google: lend – grant to (someone) the use of (something) on the understanding that it shall be returned... still cancerous distraction.. ie: reciprocity et al as red flags we’re doing it/life wrong

***not only cancerous distraction because of ie: 10-day-care-center\ness.. but because of too much ness et al

****commitment/promise ness as cancerous distraction .. and sign that it’s not legit trust..

the thing we’ve not yet tried/seen: the unconditional part of left to own devices ness

[‘in an undisturbed ecosystem ..the individual left to its own devices.. serves the whole’ –dana meadows]

there’s a legit use of tech (nonjudgmental exponential labeling) to facil the seeming chaos of a global detox leap/dance.. the unconditional part of left-to-own-devices ness.. for (blank)’s sake.. and we’re missing it

ie: whatever for a year.. a legit sabbatical ish transition

*****if any of this (ie: earn ness; certified ness; child care ness; mutual aid ness; contract ness;.. any form of m\a\p) then yeah.. ******remembering community ness of sea world.. where no one stops at enough.. none of us grok (or can grok) enough ness

link to article: https://willruddick.substack.com/p/freeing-lending-from-cash-dependency

more notes/quotes from article:

Freeing Lending from Cash Dependency

nothing legit free if still measuring things et al.. so lending ness still not free (even if completely freed from money\ness et al)

so won’t get to the root of problem

legit freedom will only happen if it’s all of us.. and in order to be all of us.. has to be sans any form of measuring, accounting, people telling other people what to do

how we gather in a space is huge.. need to try spaces of permission where people have nothing to prove to facil curiosity over decision making.. because the finite set of choices of decision making is unmooring us.. keeping us from us..

ie: imagine if we listened to the itch-in-8b-souls 1st thing everyday & used that data to connect us (tech as it could be.. ai as augmenting interconnectedness)

These systems didn’t rely on nation currency.
They relied on pooling commitments.

again.. commmitments ness as cancerous distraction.. as sign not legit trust et al

Today, many financial institutions like Credit Unions and VSLAs (Village Savings and Loan Associations) continue that tradition—meeting weekly, saving in small amounts, lending to each other, and sharing out at the end of the year. But they’re often trapped in a world that values only one form of capital: cash.

It’s time VSLAs liberated themselves from that dependency.

What if a group member could borrow not just cash—but food, a day’s labor, or school tutoring?

we need to try/see a legit nother way that renders these (ie: supposed to’s of school/work et al) irrelevant s.. otherwise we’ll just perpetuate the whac-a-mole-ing ness of sea world

What if a loan could be a promise to deliver firewood next week, or to provide child care during planting season?

again.. because 10-day-care-center\ness et al.. mufleh humanity law.. graeber violence/quantification law et al

What if VSLAs could loan and borrow everything that communities already have in abundance—their time, skills, services, and goods?

won’t be ‘abundant’ if any form of m\a\p

This is not just a dream. It’s what has always happened in the past – and integrating both cash as a resource among many other is already happening, through Commitment Pooling.

right.. and nothing to date has gotten to the root of problem

today we have the means to try something legit diff..

All of this happens transparently on open source platforms like Sarafu.Network—where swaps, limits, and debts are chosen by a community and enforced by code. The governance, rules, and relationships still follow the familiar community – VSLA model:

10–25 trusted members

Weekly meetings

Shared constitution

Social funds for emergencies

Elected stewards and transparent reporting

No one needs to handle cash.
No one can falsify the records.
But everyone participates.

‘participation’ ends up being ie: voluntary compliance if have any cancerous distractions (aka: any form of measuring, accounting, people telling other people what to do) ie: member ness; meetings ness; constitutions ness; funding ness; electing ness; reporting ness; et al

Let’s be clear—cash still matters. School fees, hospital visits, and market transactions often require it.

again.. the things we say we need.. are the things that could/should/would become irrelevant s.. if they require any form of m\a\p

That’s why we’re building bridges between local commitments and national currencies.

The future of lending is not just about cash.
It’s about unleashing the full range of what a community can offer.

i’d say rather.. what people can be.. no need to offer..

again.. we’ve not yet tried/seen anything that gets to the root of problem

legit freedom will only happen if it’s all of us.. and in order to be all of us.. has to be sans any form of measuring, accounting, people telling other people what to do

ie: imagine if we listened to the itch-in-8b-souls 1st thing everyday & used that data to connect us (tech as it could be.. ai as augmenting interconnectedness)

the thing we’ve not yet tried/seen: the unconditional part of left to own devices ness

[‘in an undisturbed ecosystem ..the individual left to its own devices.. serves the whole’ –dana meadows]

ie: whatever for a year.. a legit sabbatical ish transition

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