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A private currency is a currency issued by a private entity, be it an individual, a commercial business, a nonprofit or decentralized common enterprise. It is often contrasted with fiat currency issued by governments or central banks .
A year or two back one of the fast food giants ran a commercial which featured a bunch of 20-somethings breaking down all of their major purchases into double cheeseburgers or chicken nuggets.
Money creation, or money issuance, is the process by which the money supply of a country, or an economic or monetary region, [note 1] is increased. In most modern economies, money is created by both central banks and commercial banks. Money issued by central banks is a liability, typically called reserve deposits, and is only available for use ...
Bridgetown Bucks from PDX Currency Corp, Portland (Inactive) Cascadia Hour Exchange (1993) Portland [12] Columbia Community Exchange, Columbia County; Gorge Local Currency Cooperative, Hood River; Jefferson Rounds, Coos, Curry, Douglas, Klamath, Lake, Jackson, and Josephine counties; HOUR Exchange, [13] Corvallis; PDX Timebank, [14] Portland
My introduction to funny money probably came with my first vistt to Chuck E. Cheese. In addition to its extensive collection of arcade games, creepy animatronic figures, and ball cages filled with ...
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James Stephen George Boggs (January 16, 1955 – January 22, 2017) was an American artist, best known for his hand-drawn depictions of banknotes.Due to his pre-Bitcoin philosophical questions about the value of fiat currency, [2] his early interest in creating his own currency, [3] and his contributions to an "encrypted online currency" as early as 2000, [4] Boggs was described by Artnet as ...
The American Liberty Dollar (ALD) was a private currency produced in the United States. The currency was issued in minted metal rounds (similar to coins), gold and silver certificates, and electronic currency (eLD). ALD certificates are "warehouse receipts" for real gold and silver owned by the bearer.