Here's an interesting idea:

What if small businesses issued e-cash in-store credit? It could be in terms of "hours of labor" or a specific good or service. This would make it exchangeable to other users, while technically not inflating the currency. This could also allow a small network of businesses and individuals* to trade their goods and services** without the need for a more widely accepted currency. It's putting trust in neighbors, again. Heck! You could issue stocks in e-cash!

* the first thought I had was farmers' markets and very small businesses

** like the bread credits referenced in nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a's recent video

nostr:nevent1qqs26lfyldpeqg9ltmkl4ctzyhsnn0g0d09vna99rqc7j0cn94z532spz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsyg9n80u7j7mc7dtffgpwdwl03emstymnus4s4pdx8uj62r4lmt04p5psgqqqqqqsrkf5n8

Reply to this note

Please Login to reply.

Discussion

No replies yet.