Comments for The Future of Money?: With the Economy a Wreck, Alternative Currencies Could Gain Traction at http://www.rcreader.com , comment 1 to 8 out of 8 comments http://www.rcreader.com Thu, 23 May 2013 00:12:14 +0100 FeedCreator 1.7.3 http://www.rcreader.com/news/the-future-of-money/#comment-1230 I would like to believe this story but due to the fact that silver is sold in Troy ounces and 12 Troy ounces equals one pound, therefore 25,000 ounces weighs 2,083.33 lbs not 1800 lbs I question the validity of everything in this article. - ttrapper Sun, 08 Feb 2009 20:47:30 +0100 http://www.rcreader.com/news/the-future-of-money/#comment-1229 World Social Forum adopts ‘alternative currency’ - AFP, January 31, 2009 Claudia Leite, explained as she received a handful of notes printed with Brazilian flora and fauna: “I believe in another economy, a fairer form of trade.” http://www.dawn.com/2009/01/31/top17.htm - Marco Saba Sun, 08 Feb 2009 20:27:02 +0100 http://www.rcreader.com/news/the-future-of-money/#comment-1225 There's another silver bartering currency making its way around, too, besides the Liberty Dollar. Numismatic News issued a report on it in December. Here are the obverse and reverse designs. It's just called "bartering currency." - Bob Harris Fri, 06 Feb 2009 11:14:48 +0100 http://www.rcreader.com/news/the-future-of-money/#comment-1223 This sort of thing could come in real handy in the depths of a depression. - daddysteve Thu, 05 Feb 2009 21:08:30 +0100 http://www.rcreader.com/news/the-future-of-money/#comment-1222 I've been using Silver Liberty Dollars successfully here at my restaurant for over five years. Love em!! www.GilliesConeyisland.com DaveGillie - Dave Gillie Thu, 05 Feb 2009 17:13:32 +0100 http://www.rcreader.com/news/the-future-of-money/#comment-1221 I suppose there are several schools of thought on local money. The LETs is awesome, you produce something or offer some item and get something in return. You can't spend without adding value. But using precious metal backed currency or the actual metal tokens, protect the user from fiat money's 'business as usual'. You can't save for your kids college with a with Lets or Ithaca Hours but silver money is good for the long haul and may protect you. I guess that is Gresham's law coming back to bite me. All of the alternative payment systems and currencies offer great specific advantages. It's good to understand what you can gain from each benefit. I've been collecting the Chambersburg Liberty Dollars, they are really nice. Mark - Mark Herpel Thu, 05 Feb 2009 08:00:21 +0100 http://www.rcreader.com/news/the-future-of-money/#comment-1219 Where can they be purchased. - Nelson Wed, 04 Feb 2009 19:54:05 +0100 http://www.rcreader.com/news/the-future-of-money/#comment-1218 Before Ithaca, Berkshares, and Timebanks came LETS, the first computerized mutual credit currency designed and developed in the Comox Valley by Michael Linton in 1982 - also the first multi-currency design. It is still the most widely used cc system in the world, soon to proliferate on the openmoney platform. These open money systems differ from the aforementioned local currencies in that people look after their own (multiple) accounts online without board/committee management. Also, they can be local, regional, national, bioregional, global currencies created as easily as one creates and manages an egroup on yahoo/google/fb - the core idea is that any network, association, interest group can have its own recirculating money. Michael Linton's latest post on http://www.kashklash.net/the-irish-answer/ and numerous podcasts at http://blogtalkradio.com/openmoney - ernie yacub Wed, 04 Feb 2009 18:46:32 +0100