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What is Local Currency
A local currency is a type of currency that can be used to make purchases at participating organizations within a specific geographical area. This type of currency is used in economics. The difference between a community currency and a regional currency is that the former may be local, while the latter may be used for transaction within an online community. Regional currencies include a greater geographical area than community currencies do. To stimulate spending inside a local community, particularly with locally owned enterprises, a local currency serves as a complimentary currency to a national currency rather than replacing it. Its primary objective is to encourage spending within the community. It is possible that such currencies are not accepted as legal cash and are not supported by a national government. The worldwide database maintained by the Complementary Currency Resource Center has listings for over 300 complementary currencies, which also includes local currencies.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Local currency
Chapter 2: Barter
Chapter 3: Currency
Chapter 4: Local exchange trading system
Chapter 5: Virtual economy
Chapter 6: Time-based currency
Chapter 7: Complementary currency
Chapter 8: Chiemgauer
Chapter 9: Private currency
Chapter 10: Demurrage (currency)
Chapter 11: WIR Bank
Chapter 12: Virtual currency
Chapter 13: Money
Chapter 14: Totnes pound
Chapter 15: The Future of Money
Chapter 16: Margrit Kennedy
Chapter 17: Emissions Reduction Currency System
Chapter 18: Fiscal localism
Chapter 19: Community Exchange System
Chapter 20: Bristol pound
Chapter 21: Sarafu-Credit
(II) Answering the public top questions about local currency.
(III) Real world examples for the usage of local currency in many fields.
Who this book is for
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Local Currency.
