I've heard of a few towns in UK as well using their own adopted currency (which has parity to UK GBP but only useful in their locations). I think they got this idea from us (sort of). They tend to 'encourage' the local economy to be ready (thrive) for a time when things nationally become more difficult.
I think it's a step in the right direction (or is it I ask?) because they seem determined to standout from the rest (possibly)
I don't know too much about the idea or the names of the towns that started to use it.All currencies I think should be backed by something for them to guarantee their survival (even the price of a commodity is better than nothing,if precious metals or scrap metals are not used in their valuation)
I wonder what it takes to start your own (real-world) currency (as creating a P2P virtual currency is too complex and the last time I proposed it on here months ago,people here were not happy.It's not reasonable to expect everyone to be able to code.)?
Also something to add to this thread:http://news.bbc.co.uk/1/hi/magazine/8245276.stm
No money? Then print your own article.
We all wish that we could become rich by printing our own currency (I know I do) but as we all know,it's not as simple as that.