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LETS – origins, and what happened next: Michael Linton of LETSystems & Open Money

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This is Part 1 of a conversation with Michael Linton – inventor of LETS, the moneyless exchange system. Hello Michael. Angus Soutar and Chris Knight were also instrumental in writing it, and we had circulated by ‘85/86 the basic design of the LETSystem, which was largely my authorship. How did it come about?

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The new Open Money exchange system: Michael Linton, founder of LETSystems

Low Impact

This is Part 2 of a conversation with Michael Linton – founder of LETS, the moneyless exchange system. In Part 1 we talked about LETSystems and why it didn’t grow in the way Michael would have liked, and in Part 2 we’re going to talk about his new idea – Open Money. What’s the problem you’re trying to solve?