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1  Bitcoin / Bitcoin Discussion / Re: BitCoin in the local economy on: July 16, 2015, 02:10:11 AM
Thanks everyone for the feedback.

In hindsight I wasn't so much wanting to alter the BCP to facilitate an alternate economy but in recognizing that an economy confined to a specific locale is socially superior to a global one I was wondering if the BCP could assist in that. And I think franky1 came closest to addressing this.

But by "specific locale" I don't mean a specific business, I mean a specific geographic place. An economy confined to a specific locale is socially superior because it encourages neighbors to interact whereas Apple and Amazon and even Starbucks are, the fantasy notwithstanding, about getting you to spend your money with them. If money had more value if it stayed close to home perhaps the world would feel less alien. I think this is expressed, for example, in the widening longing for farmer's markets. The closest I've come to effecting this was the idea for a local restaurant to offer a discount for patrons showing a driver's license with a local zip code.

It seemed that as long as this technology is still in its nascent state we could up the ante and develop it to foster not just a monetary expedient but a broader social one as well. But this may be a bit tangential to this forum.

Again, thanks all.
2  Bitcoin / Bitcoin Discussion / BitCoin in the local economy on: July 08, 2015, 03:17:02 AM
Understanding only the rudiments of the BC Protocol and almost nothing of programming I don't know if my idea is feasible. And if so, if it is worthy.

It would require that the BC Protocol have some facility to track the location of transfers in some manner similar to the way it tracks the history of transfers via the blockchain.

Then it could be known if a BC was spent within, say, twenty miles of where it was received. Then such a locally spent BC could be designed to receive a premium on purchasing power. Then a local economy could be given a boost to be self-supporting and thrive.

This must be what is meant by a trade barrier.

I don't have much understanding of finance either and I DO know that this is sketchier than a dream but I wanted to just throw the idea out there or for those who could pick it up.
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