by Graham Barnes, from Fleeing Vesuvius. No currency will work unless people accept it from each other so this novel money will be put into circulation as a way of rewarding those who are accepting and spending it most.
Liquidity Networks: local trading systems using a debt-free electronic currency
Around the world, conventional currencies such as the euro, the dollar and the pound are in short supply because of the current economic crisis. A liquidity network (LQN) is designed to ease this shortage by creating and distributing a supplementary debt-free currency so that businesses and individuals can trade locally without needing the conventional sort.
Featured image: network neurons 2. Author: gerard79. Source: www.digital-delight.ch
Note: Feasta is a forum for exchanging ideas. By posting on its site Feasta agrees that the ideas expressed by authors are worthy of consideration. However, there is no one ‘Feasta line’. The views of the article do not necessarily represent the views of all Feasta members.