E.F. Schumacher, author of Small is Beautiful

At Humanity Cash, our mission is to create a circular economy powered by Universal Basic Income (UBI) and community currencies, which are local payment networks that ensure that every dollar strengthens local economies.

The Need for Local Economies and Self-Sufficiency is Urgent

Number of new businesses have declined by half since the 1980s.

We’ve lost more than half of our community banks since 2000. Community banks are crucial to small business loans.

Local mom and pop shops are strained by high credit card fees especially as cash use has declined.

new enterprise

corner banks

mom and pops

As a public benefit corporation, we hope to build a more sustainable and human-scaled economy. Humanity Cash works in collaboration with participating local banks, local businesses, and local non-profit organizations to enable communities to create local stablecoins that strengthen their economy. More wealth can now stay in our communities. Don't just buy local, pay local.

Let’s put our money towards community banks and local businesses.

Of every dollar of deposit goes back to local communities ...

... that support small businesses, local farms and local commercial developments

70%

Local currencies have a higher velocity of money than national currencies. A dollar recirculates faster in the economy by facilitating multiple economic transactions - this is the multiplier effect. For every dollar injected into a community, it may create 3–4x the economic value. When a dollar is spent at the local grocer, they use that same dollar at the local bakery, who then spends the same dollar at the local diner before that dollar exits the community.

Community Currencies Stimulate Local Economic Productivity

BerkShares: Our First Community Stablecoin

BerkShares is one of the most well-known community currencies in the world that has operated in Berkshire County, Massachusetts since 2006. BerkShares is now going digital with Humanity Cash. We work with the community banks to hold cash reserves, and the Schumacher Center, the local non-profit whose research supports the BerkShares program.
With digital BerkShares, we strive to provide the convenience and cost savings of digital, while maintaining the romance of cash. A more beautiful and elegant technology should free us to slow down. A transaction is no longer a commodification but a reminder of the small miracle of being with our neighbors.

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Andy Kalmbi

Fennie Wang

We are a diverse team from four continents.

Each of us, no matter where we are from, can contribute to the richness of our communities by participating in its governance, social fabric and economic vibrancy. From Berlin to the Berkshires, New York to Amsterdam, all made with love.