Talk:Mutualism (economic theory)

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Ripple Monetary System

Under the mutual credit heading, it is claimed that ripple monetary system satisfies the definition. No citations are provided. Ripple in practice does not satisfy this definition. This looks like crypto spam to me.

It would need a citation at a minimum. It should also have a reference to counter view that it is not, in practice, a mutual credit system, even with IOUs. For example, the fact that there are transit fees, that you need to have trust lines (contrast with a LETS where trust is inherent and it therefore is much more 'mutual').

I'm neither inclined nor qualified to fix this. I hesitate to remove it because it could, in theory, be a mutual credit system after a kind, with regard to IOUs. I highly suspect this is just astroturfing by person or persons associated with ripple. The ripple monetary system page makes no mention of this aspect. I think it should be removed, but a citation needed notice is sufficient to bring attention to the veracity of this claim.