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RE: Asking the Brains Trust of HIVE for Ideas for Our Local Community Currency Exchange

in LeoFinance4 years ago

YES! I've been interested in "local currencies" but I've never really seen one take off. I encountered one here in Denver, once - and then never again. For that program, they had printed little currency "dollars" rather than keep a ledger, which might be easier to manage but negate your idea about depreciation.
Another thing to research might be "time banks" as that is a part of your idea. I wish there was more of those, too. Like, if I could volunteer some hours helping at the vet's office in order to get care for my cats, that would be AWESOME. Vet care is SO expensive in fiat.
One of the best things about these systems is that they value EVERYONE'S labor. At least in the systems I've seen, an hour in the time bank is an hour in the time bank, whether that's doing work that would be paid a lot in fiat, or not, if that were your "job."

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Wow! I remember when the RADIO talked about "mountain bucks" : )

https://www.denverpost.com/2009/08/27/colorado-cities-selling-own-limited-currency/

Localized currency, also known as scrip, has started sprouting up across the country, enough to earn a mention in Time magazine.

"It is the ultimate protectionist tool. You can only spend it where they say you can spend it,” said Frank

PUBLISHED: August 27, 2009 at 2:48 p.m.

Ohhh that's cool! Yeah the Denver one I saw I think was at a craft fair or farmer's market, but then I never saw it anyplace else.

I love the time bank idea. That's more how I saw it to start, until he introduced WIN. I think a time bank is better - and maybe a roster ie. you volunteer one Sunday morning a quarter, and every Sunday morning is a garden to work on. Say you have 60 people signed up - 12 odd gardens a quarter - you're not going to work every weekend, as long as you have say 5 - 6 people turn up, you put on lunch, delegate jobs - more hands better than one.

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It would be great to get them on Hivenot meaning to spam, just clarifying that https://www.community-exchange.org/home/ gives you the choice of Time Bank or a Local Currency you create, and maybe even a combination of the two - i've not used it for over 5 years so cant remember, and it may have changed.