|
Title: Bitcoin-standard based local currency Post by: siulynot on October 04, 2012, 02:42:19 PM how possible do you guys think it is to create a coop that creates a bitcoin standard local currency? what problems do you think it will have with state laws?
Title: Re: Bitcoin-standard based local currency Post by: pretendo on October 04, 2012, 05:33:14 PM Some towns already issue their own currencies in an attempt to "keep spending local." I don't think there's been a problem with that.
Title: Re: Bitcoin-standard based local currency Post by: gochk on October 05, 2012, 09:05:21 PM Some towns already issue their own currencies in an attempt to "keep spending local." I don't think there's been a problem with that. what towns? where are these towns at? The last I heard, you can still be arrested and locked behind bars http://thewarningsigns.blogspot.com/2011/04/67-year-old-man-arrested-for-minting.html Title: Re: Bitcoin-standard based local currency Post by: pretendo on October 05, 2012, 11:22:15 PM I can't recall but it was used as an example in one of my econ classes, I don't think they were a precious metal though, more like coupons. I think there's at least one in the northeast USA. But that's a pretty crazy story.
Title: Re: Bitcoin-standard based local currency Post by: allthingsluxury on October 06, 2012, 04:02:03 AM There is a island near me that issues it's own local currency and it is a part of Canada. It is called salt spring island. The banks and all the stores will take the money on pair. It is more or less a gift certificate that you can use anywhere on the island. Still it is a currency there.
Check it out here: http://www.saltspringdollars.com/ Title: Re: Bitcoin-standard based local currency Post by: BobbyJo on October 10, 2012, 08:46:42 PM Bristol (Thats like London- England) issues its own currency. Obviously the Great British pound is also accepted but I think that some places within the town accept their own cuurency.
http://www.bbc.co.uk/news/uk-england-bristol-19627592 Title: Re: Bitcoin-standard based local currency Post by: Arto on October 28, 2012, 03:36:42 PM what towns? where are these towns at? The last I heard, you can still be arrested and locked behind bars http://thewarningsigns.blogspot.com/2011/04/67-year-old-man-arrested-for-minting.html The world is larger than those parts of North America that are under the heel of the syndicate known as the United States. http://en.wikipedia.org/wiki/Local_currency http://en.wikipedia.org/wiki/Local_exchange_trading_system Title: Re: Bitcoin-standard based local currency Post by: nobbynobbynoob on October 28, 2012, 03:52:07 PM Bristol (Thats like London- England) issues its own currency. Obviously the Great British pound is also accepted but I think that some places within the town accept their own cuurency. http://www.bbc.co.uk/news/uk-england-bristol-19627592 Non-fiat currencies are in common use throughout parts of the UK. There are the new-fangled local pounds (but with a marked 1:1 peg to Bank of England £) in Bristol, Stroud, Lewes, Brixton, etc. but the Bank of Scotland, Clydesdale Bank and Ulster Bank have been issuing similar notes in Scotland and Northern Ireland forever. If the free market ever decided that the 1:1 peg between the non-fiat and fiat £s is no longer justified, the fun could really start... Title: Re: Bitcoin-standard based local currency Post by: TECSHARE on October 29, 2012, 06:49:53 AM If anyone is interested in launching a project like this PM me. I have put considerable effort into planning such a local barter system and have found ways to make it beneficial for local business. Anyone with PC and or mobile programming experience would be very useful in launching this.
Title: Re: Bitcoin-standard based local currency Post by: Bitcoin Oz on October 29, 2012, 06:55:04 AM You could probably use colored coins for this.
|