“Philadelphia isn’t the only community experimenting with this idea. Other areas, like the Berkshire area of Massachusetts, have a similar currency (theirs is called BerkShares, not to be confused with Buffett’s Berkshire). The exchange of Equal Dollars is a $2.5 million operation, according to RHD. BerkShares claims that it circulated over one million BerkShares circulated in the first nine months of operation and over 2.7 million to date (roughly pegged at $.95 U.S. per BerkShare). Ithaca HOURS, touted as the oldest local currency in the country, currently has over $100,000 in circulation.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Police shoot teen skipping school assuming he was burglar
U.S. deficit now projected to top $1 trillion starting next year
Border property owners livid after feds seize their private land
Use commemorative coins to pay down deficit, lawmakers suggest
Rich Danes Face Benefit Cuts as Universal Welfare Abandoned
LSD and magic mushrooms could heal damaged brain cells in depression
Superlawyer Jim Bopp takes on McCain-backed FATCA tax law
Taiwan central bank 'keeping close tabs' on Bitcoin
Convicted TSA Officer Reveals Secrets of Thefts at Airports
China currency devaluation hits stocks; dollar gains on currency war fears
Venezuelan VP: Anyone rejecting border closure deserves no trust
Indiscriminate surveillance fosters distrust, conformity and mediocrity: research
Death penalty will be sought against Natchitoches police officer
Swiss central bank fights to block public vote on gold backing
French budget minister under probe for tax fraud