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Ars Technica reported earlier this month that Bitcoin , the open source cryptographically secured alternate currency, was back to trading at 9 US dollars per bitcoin. The currency had experienced a bubble last year, trading as high as almost 30 USD before crashing spectacularly .
(Thomas Dishaw) Below is a comprehensive list of alternative currency systems from around the world. As the economy continues to be propped up by fiat currency and fake data numbers, more and more people are using alternative ways to buy sell and trade for services.
Currencies, The Alternative Way In the face of the cashless (digi-credits) system the technocrats want to bring in, within the EU/UK/USA and other parts of the world under the control of the anglosphere, there are some excellent examples of alternative systems and currencies that have sprung up in the last few years. Of course the age old money gold & silver is number 1 for numerous people, and in the traditional societies where it is a store of wealth as in India and Turkey, a family's gold is their savings
Following the abandonment of the Zimbabwean dollar back in 2009, numerous hard currencies can be used to pay for goods in Zimbabwe, including the widely preferred US dollar.
" The Slow Money Principles are the path to a new, healthy food system. Sign them and be counted!
Wayne Sharpe, ceo and founder, Carbon Trade Exchange
<img alt="Illustration: Martin Venezky" src="/magazine/wp-content/images/19-12/mf_bitcoin_f.jpg" title="The story of the virtual currency you can actually spend—if it doesn't get stolen first." width="660" height="595" /> Illustration: Martin Venezky
Solid discussions of this piece on BoingBoing.net , Hacker News , Slashdot and Reddit . Rob Tercek has a follow up to this piece here . by Jason Calacanis and the LAUNCH team
It started as a school project by Christian Gelleri, an economics teacher in southern Germany who wanted to teach a group of 16-year-olds about finance in a novel way – by creating their own money, to be used in local shops and businesses.
Local currencies value time, build community, and keep business moving even when credit dries up. posted Jun 05, 2009 Total dependence on one currency is like total dependence on one crop, or, for that matter, a single energy source: there’s always the risk that crop failure or a cutoff in supply will topple the whole system. This is the scenario we’re seeing now—credit has dried up and unemployment is soaring. In small pockets throughout the world, in rural areas and inner cities, and spots as far-flung as Bavaria and Thailand to Massachusetts and Michigan, people are responding by launching their own currencies.
An acquisition by American Express in Septembergave it a piece of a business that analysts say other lenders should jump into: virtual currencies and virtual commerce.
Dates: May 2010 - May 2011 Location: Kongowea Kenya Status: Finalizing 1 year pilot Report: November 2010 Evaluation (pdf) Contact: Founder Will Ruddick The Eco-Pesa (Ecological Money) pilot programme has created a community business voucher to benefit the environment and economy of Kongowea, a [slum] district of Mombasa.
The story of Curitiba in Brazil illustrates how the introduction of a complementary currency was able to help a developing and impoverished city leverage its untapped resources to creatively solve a host of challenges and support environmental clean up, job creation and city restoration.
Fureai kippu (in Japanese ふれあい切符 :Caring Relationship Tickets) is a Japanese sectoral currency created in 1995 by the Sawayaka Welfare Foundation so that people could earn credits helping seniors in their community . [ 1 ] The basic unit of account is an hour of service to an elderly person. Sometimes seniors help each other and earn the credits, other times family members in other communities earn credits and transfer them to their parents who live elsewhere.
Monnaies complémentaires & alternatives - Future of money