I've noticed that, at least in the U.S.A., the lack of intrinsic value to our is an increasing cause of concern to those of us who participate in the economy (which would be almost all of us). it concerns me personally that when (at this rate it's not an if) our economy fails my penny jar will be my only currency of value (based on commodity copper alloy prices) other than the size of my food and ammo stock piles. I'm not suggesting that a distributed currency has to be composed of a commodity, or even tangible, but it should at least have some legitimate positive equity backing it.

This is not necessarily my best suggestion, but perhaps the currency could be based on some average of labor equity. Years ago the Akron Friends Service Committee (a local branch of a Quaker based social association) put forward a local alternative (to the exiting national one) economy, the standard currency was called the "Summit hour" (after their county of operation). The "Summit hour" was based on the contemporary average hourly wage in the county which, if I remember right, around $5 and some change American. Primarily the currency was used between members of the AFSC, for private sales and services, but some area businesses participated in the program too. Given the mission of Wirtland, a labor equity based economy might be a good way to go. Perhaps the base unit of currency could be valued as a combination of the average wage of Witizens (converted to I.U.C.s) and the tangible (investments and donations, converted to I.U.C.s) assets of Wirtland. I'm not really sure how to do it exactly, these are issues for the banking geeks to hammer out the particulars of.