Organizer, Chris Lindstrom and others at the Burlington conference.
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February 13, 2011 at 5:23 pm |
A true currency circulates as it represents a “unit of account” that has an intrinsic stored value that is accepted in the marketplace. For example take a look at WIR Bank in Switzerland, an excellent example of a complementary currency
February 13, 2011 at 6:26 pm |
A currency is a means of payment, denominated in some defined unit of account. I’m well familiar with the WIR Bank: see info at http://reinventingmoney.com/documents/wir.html and on this blog.