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Hand Minted Local Currencies could be the Start of Local Economic Redemption

 
Daozen
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01/04/2023 09:17 PM
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Hand Minted Local Currencies could be the Start of Local Economic Redemption
I'm going to launch an experiment soon.

I'll be able to do it for 30 bucks.

The coins will be wood, and we'll scale on Github.
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Daozen  (OP)

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01/04/2023 09:24 PM
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Re: Hand Minted Local Currencies could be the Start of Local Economic Redemption
Contrary to popular conspiracy thinking, local currencies are legal. There are hundreds worldwide.

[link to en.wikipedia.org (secure)]

Last Edited by Daozen on 01/04/2023 09:24 PM
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Anonymous Coward
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01/04/2023 09:25 PM
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Re: Hand Minted Local Currencies could be the Start of Local Economic Redemption
you cant do anything when the fed controls the entire economy. how about try to make an actual free market to start with?
Anonymous Coward
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01/04/2023 09:27 PM
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Re: Hand Minted Local Currencies could be the Start of Local Economic Redemption
Local competing currencies are NOT legal
Anonymous Coward
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01/04/2023 09:28 PM
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Re: Hand Minted Local Currencies could be the Start of Local Economic Redemption
you cant do anything when the fed controls the entire economy. how about try to make an actual free market to start with?
 Quoting: Anonymous Coward 84901585


Local competing currencies are NOT legal
 Quoting: Anonymous Coward 84457633


thats cause the fed has a monopoly on the entire system you call an "Economy"
Anonymous Coward
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01/04/2023 09:28 PM
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Re: Hand Minted Local Currencies could be the Start of Local Economic Redemption
I got ya Bronx coin right here. See its got a picture of the Brooklyn bridge on it.
Daozen  (OP)

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01/04/2023 09:31 PM
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Re: Hand Minted Local Currencies could be the Start of Local Economic Redemption
you cant do anything when the fed controls the entire economy. how about try to make an actual free market to start with?
 Quoting: Anonymous Coward 84901585


I don't live in Fiat Wonderland.

Regards,

Doozle of Danshui.
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01/04/2023 09:32 PM
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Re: Hand Minted Local Currencies could be the Start of Local Economic Redemption
Will you trade for my stones?
Anonymous Coward
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01/04/2023 09:32 PM
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Re: Hand Minted Local Currencies could be the Start of Local Economic Redemption
I'm going to launch an experiment soon.

I'll be able to do it for 30 bucks.

The coins will be wood, and we'll scale on Github.
 Quoting: Daozen


Don't pull that bullshiutydah here in America. The Treasury-(FinCen) Financial Crimes, SEC / IRS / FBI and Secret Service will be all up in You arse in no time at all.
Crypto-Tard

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01/04/2023 09:33 PM

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Re: Hand Minted Local Currencies could be the Start of Local Economic Redemption
Local competing currencies are NOT legal
 Quoting: Anonymous Coward 84457633


Private currencies are LEGAL.

Redeem for store credit at Bob's Bait and Tackle.

Ever hear of a wooden nickel?
When you are afraid of losing your life, you have already lost your life.

Don't be afraid.
Daozen  (OP)

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01/04/2023 09:34 PM
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Re: Hand Minted Local Currencies could be the Start of Local Economic Redemption
Local competing currencies are NOT legal
 Quoting: Anonymous Coward 84457633


Um. Well, you're wrong.

[link to en.wikipedia.org (secure)]

So, there's that.

~O~

Arkansas

Local Trade Partners (Started: 2009) hybrid between a local currency and bartering; Fayetteville, Arkansas[2]

Arizona

Arizona Dollars Dewey, Arizona (Inactive)
Tucson Time Traders Tucson, Arizona


California

Barter Bucks Concord, California
Bay Bucks San Francisco, California
Berkeley Barter Network Berkeley, California
Berkeley Bread Berkeley, California
Central Pound Clovis, California
Davis Dollars Davis, California
Escondido Dollars [3] Escondido, California
Fairbuck Fairfax, California (2011–2016)
Humboldt Hours Eureka, California, and Arcata, California
Mendocino SEED Fort Bragg, California
North Fork Shares North Fork, California
San Luis Obispo Hours San Luis Obispo, California
Sand Dollars Bolinas, California
Santa Monica Hours Santa Monica, California
Sequoia Hours Garberville, California
Sonoma County Community Cash Santa Rosa, California
TradeMarket Nevada City, California
Ukiah Hours Ukiah, California


Colorado

Butte Bucks Crested Butte, Colorado
Carbondale Spuds Carbondale, Colorado (Inactive)
Community Cash Durango, Colorado (Inactive)
NOCO Hours Fort Collins, Greeley, and Loveland, Colorado (Inactive)
North Fork Helping Hands Paonia, Colorado (Inactive)
Mountain Hours Breckenridge, Colorado (2012 - Current)
Mile High Hours Denver, Colorado (2012 - Current)
Peak Hours Colorado Springs, Colorado (2012 - Current)
Connecticut
Bristol Bucks Bristol, Connecticut (2021 - Current)
Middletown Cash Middletown, Connecticut, Wesleyan University
Thread City Bread Willimantic, Connecticut (Inactive)


Florida

Clear Water Hours Tampa, Florida (2012 - Current) (Inactive)
Tampanio Tampa, Florida (a proposed currency based on the BerkShares Model for Tampa, Florida and surrounding communities) (Inactive)

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Anonymous Coward
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01/04/2023 09:35 PM
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Re: Hand Minted Local Currencies could be the Start of Local Economic Redemption
Local competing currencies are NOT legal
 Quoting: Anonymous Coward 84457633


Private currencies are LEGAL.

Redeem for store credit at Bob's Bait and Tackle.

Ever hear of a wooden nickel?
 Quoting: Crypto-Tard


OP is "Clearly" discussing "Local Currencies"
Daozen  (OP)

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01/04/2023 09:36 PM
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Re: Hand Minted Local Currencies could be the Start of Local Economic Redemption
Will you trade for my stones?
 Quoting: Anonymous Coward 85061256


I was actually thinking, issuing currency as hand-worked obsidian, or jasper, would work. Crystals are another idea.

I have a friend who has a lathe, and tons of equipment, so we could do anything.

Last Edited by Daozen on 01/05/2023 08:57 AM
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Daozen  (OP)

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01/04/2023 09:38 PM
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Re: Hand Minted Local Currencies could be the Start of Local Economic Redemption
I'm going to launch an experiment soon.

I'll be able to do it for 30 bucks.

The coins will be wood, and we'll scale on Github.
 Quoting: Daozen


Don't pull that bullshiutydah here in America. The Treasury-(FinCin) Financial Crimes, SEC / IRS / FBI and Secret Service will be all up in You arse in no time at all.
 Quoting: Tick Tock


Garbage.

You don't even know what my plan is.

Check that huge list of local currencies I linked in wikipedia. Not to mention the fact that crypto is now widely legally accepted.

You're making it up.

You're just stomping on this, cos you don't want humans to be free.
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01/04/2023 09:39 PM
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Re: Hand Minted Local Currencies could be the Start of Local Economic Redemption
Will you trade for my stones?
 Quoting: Anonymous Coward 85061256


I was actually thinking, issuing currency as hand-worked obsidian, or jasper, would work. Crystals are another idea.

I have a friend who has a lathe, and tons of equipment, so we could so anything.
 Quoting: Daozen


I am a REGISTERED MSB (Money Service Business) at Treasury-FinCen.

[link to www.fincen.gov (secure)]
Daozen  (OP)

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01/04/2023 09:41 PM
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Re: Hand Minted Local Currencies could be the Start of Local Economic Redemption
Local competing currencies are NOT legal
 Quoting: Anonymous Coward 84457633


Private currencies are LEGAL.

Redeem for store credit at Bob's Bait and Tackle.

Ever hear of a wooden nickel?
 Quoting: Crypto-Tard


OP is "Clearly" discussing "Local Currencies"
 Quoting: Tick Tock


Store credit was close to how I was going to start.

What's the problem, anyway?

You don't want anyone competing with your Rizla-paper McDollar?

What's fedres backed by anyway?

Tungsten and Tears?

LOL!
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Daozen  (OP)

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01/04/2023 09:42 PM
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Re: Hand Minted Local Currencies could be the Start of Local Economic Redemption
I am a REGISTERED MSB (Money Service Business) at Treasury-FinCen.

[link to www.fincen.gov (secure)]
 Quoting: Tick Tock


I'm not sure if I follow you...

bridge

Last Edited by Daozen on 01/04/2023 09:42 PM
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Anonymous Coward
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01/04/2023 09:42 PM
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Re: Hand Minted Local Currencies could be the Start of Local Economic Redemption
Gold and silver are the most efficient and valued forms of money as determined by history. Humans have tried everything from tobacco leaves to seashells to finally gold and silver.

In fact gold and silver worked so well it took the European banks hundreds of years to finally bribe governments into giving them the monopoly on their paper. Now they want the digital rights.

But if you have a known weight of gold say in a coin, it doesn't matter what is on the face of the coin. It could be a sovereign nation or private mint. I guess you'd want to know the weight and purity, and guess who's job it was to ensure that?

Right, government. 1) they screw everything up and 2) they use problems they create to implement solutions that contain the seeds of the next set of problems which will require more solutions ad infinitum
Anonymous Coward
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01/04/2023 09:44 PM
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Re: Hand Minted Local Currencies could be the Start of Local Economic Redemption
Local competing currencies are NOT legal
 Quoting: Anonymous Coward 84457633


Private currencies are LEGAL.

Redeem for store credit at Bob's Bait and Tackle.

Ever hear of a wooden nickel?
 Quoting: Crypto-Tard


OP is "Clearly" discussing "Local Currencies"
 Quoting: Tick Tock


Store credit was close to how I was going to start.

What's the problem, anyway?

You don't want anyone competing with your Rizla-paper McDollar?

What's fedres backed by anyway?

Tungsten and Tears?

LOL!
 Quoting: Daozen


I created my own Cryptocurrencies and they trade worldwide

I am a Registered MSB Money Service Business

I also had 6 of my companies listed on NASDAQ


What You are going to end up doing is Federal Time for Financial Crimes. You seriously might want to "Rethink" you idea.
Daozen  (OP)

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Re: Hand Minted Local Currencies could be the Start of Local Economic Redemption
Local competing currencies are NOT legal
 Quoting: Anonymous Coward 84457633


Private currencies are LEGAL.

Redeem for store credit at Bob's Bait and Tackle.

Ever hear of a wooden nickel?
 Quoting: Crypto-Tard


Wooden nickel. Exactly.

Redeemable at 5 local stores on one metro stop.

[link to en.wikipedia.org (secure)]

You get it.
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Anonymous Coward
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01/04/2023 09:45 PM
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Re: Hand Minted Local Currencies could be the Start of Local Economic Redemption
I am a REGISTERED MSB (Money Service Business) at Treasury-FinCen.

[link to www.fincen.gov (secure)]
 Quoting: Tick Tock


I'm not sure if I follow you...

:bridge:
 Quoting: Daozen


This is because you do not know Money Laws, and Security Laws.
Daozen  (OP)

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01/04/2023 09:50 PM
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Re: Hand Minted Local Currencies could be the Start of Local Economic Redemption
I created my own Cryptocurrencies and they trade worldwide

I am a Registered MSB Money Service Business

I also had 6 of my companies listed on NASDAQ

What You are going to end up doing is Federal Time for Financial Crimes. You seriously might want to "Rethink" you idea.
 Quoting: Tick Tock


You don't even know what my plan is.

I'm going to issue 5 tokens, back them with my own wages, and pre-pay meals at health stores, and street food stands.

If the experiment works, I'll get donations, and scale on github.

This is TOTALlY legal, BTW. Especially if I fund it myself.

If you can issue your own crypto coin, what the hell is wrong with me pressing up a local token/coin on a lathe?

And this is why we're out in SE Asia, BTW.

Cos Whitey Won't Listen.
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Anonymous Coward
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01/04/2023 09:53 PM
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Re: Hand Minted Local Currencies could be the Start of Local Economic Redemption
what about tally sticks?

you could always ressurrect those

i had a friend auction some off for rare fruit trees once
Daozen  (OP)

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01/04/2023 09:56 PM
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Re: Hand Minted Local Currencies could be the Start of Local Economic Redemption
Gold and silver are the most efficient and valued forms of money as determined by history. Humans have tried everything from tobacco leaves to seashells to finally gold and silver.

In fact gold and silver worked so well it took the European banks hundreds of years to finally bribe governments into giving them the monopoly on their paper. Now they want the digital rights.

But if you have a known weight of gold say in a coin, it doesn't matter what is on the face of the coin. It could be a sovereign nation or private mint. I guess you'd want to know the weight and purity, and guess who's job it was to ensure that?

Right, government. 1) they screw everything up and 2) they use problems they create to implement solutions that contain the seeds of the next set of problems which will require more solutions ad infinitum
 Quoting: Anonymous Coward 83761608


Pretty interesting.

Now how to solve the "pay for some 3 dollar food" challenge, with metals?

First, if I went that route, I'd make sure it was legal.

There are some excellent ideas in alt currency land.

I saw someone had slivers of silver on cards, for low denominations... but I couldn't find it when I searched the other day.
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Daozen  (OP)

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01/04/2023 09:57 PM
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Re: Hand Minted Local Currencies could be the Start of Local Economic Redemption
This is because you do not know Money Laws, and Security Laws.
 Quoting: Tick Tock


You don't get why I wrote that?

Look left.

I study engineering. I could care less about you US crypto-hipsters.

The Earth is huge.
Daozen appears to be mentally impaired, but harmless.

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St Tidbits the Odd

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01/04/2023 09:58 PM
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Re: Hand Minted Local Currencies could be the Start of Local Economic Redemption
Local (some gone)
[link to www.lasqueti.ca (secure)]
Minted for neighbouring Gabriola as well
[link to www.lasqueti.ca (secure)]
[link to saltspringdollars.com (secure)]

Etc. The ideas are limitless. Not sure about wood though!
Soulless fake humans are already AI.
They get triggered by particular words, symbols etc. They can't really bother about the meaning. They just look for the trigger words. Their language & comprehension skills are 0.
Some bots have bods, others don't.
Cara Is Spirit
Daozen  (OP)

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01/04/2023 10:05 PM
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Re: Hand Minted Local Currencies could be the Start of Local Economic Redemption
what about tally sticks?

you could always ressurrect those

i had a friend auction some off for rare fruit trees once
 Quoting: Anonymous Coward 80454472


That's a really cool idea. Cheers.

What about making one with LED's? I had a daydream, the other night, about people paying in Ximen with an lED device that they tapped on the other person's device. Maybe a raspberry pi would work.

But I really want to go the low-tech route for now.

My local friends and I are fairly good at design.

Step one is making it look awesome, and non-defraudable.

[link to en.wikipedia.org (secure)]
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Anonymous Coward
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01/04/2023 10:06 PM
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Re: Hand Minted Local Currencies could be the Start of Local Economic Redemption
Gold and silver are the most efficient and valued forms of money as determined by history. Humans have tried everything from tobacco leaves to seashells to finally gold and silver.

In fact gold and silver worked so well it took the European banks hundreds of years to finally bribe governments into giving them the monopoly on their paper. Now they want the digital rights.

But if you have a known weight of gold say in a coin, it doesn't matter what is on the face of the coin. It could be a sovereign nation or private mint. I guess you'd want to know the weight and purity, and guess who's job it was to ensure that?

Right, government. 1) they screw everything up and 2) they use problems they create to implement solutions that contain the seeds of the next set of problems which will require more solutions ad infinitum
 Quoting: Anonymous Coward 83761608


Pretty interesting.

Now how to solve the "pay for some 3 dollar food" challenge, with metals?

First, if I went that route, I'd make sure it was legal.

There are some excellent ideas in alt currency land.

I saw someone had slivers of silver on cards, for low denominations... but I couldn't find it when I searched the other day.
 Quoting: Daozen


I'm just relating history. Money is 1) a medium of exchange 2) a store of value and 3) a unit of account.

Obviously fiat currency can only be considered a medium of exchange, it has no real long term wealth preservation ability because of debt.

To address your comment the 3 dollar food challenge, that's a classic question, and a fair question but in reality prices adjust to the amount of money in circulation. That's how we get inflation as excess money printing by government to pay for their operations or promises beyond which taxes will pay.

Ideally, I'd like to see states open repositories on gold or silver. So you'd deposit 10 ounces of silver and the state would give you (authorize) 10 digital ounces of silver which would then be the basis of online commerce.

If you wanted physical specie, you could just exchange your 10 digital silver ounces for physical coins or bars. Gold can be easily minted to grams, but gold can also be spun into wire nanometers in diameter to a certain length say 5 cm and then embedded in a plastic bill that had the weight and purity of gold printed on the face.

You could use atms with 3d printers to print the 'cash'. Nice thing is as a consumer you could either spend physical coins which leave no digital trace, or you could spend the digital coins knowing the transaction would be recorded on the public blockchain.

It would solve 2 problems with 1 solution.
Daozen  (OP)

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Taiwan
01/04/2023 10:06 PM
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Re: Hand Minted Local Currencies could be the Start of Local Economic Redemption
Local (some gone)
[link to www.lasqueti.ca (secure)]
Minted for neighbouring Gabriola as well
[link to www.lasqueti.ca (secure)]
[link to saltspringdollars.com (secure)]

Etc. The ideas are limitless. Not sure about wood though!
 Quoting: St Tidbits the Odd


Paper has tons of issues.

Metals and stones might work.

Open to all ideas.
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Daozen  (OP)

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Taiwan
01/04/2023 10:15 PM
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Re: Hand Minted Local Currencies could be the Start of Local Economic Redemption
I'm just relating history. Money is 1) a medium of exchange 2) a store of value and 3) a unit of account.

Obviously fiat currency can only be considered a medium of exchange, it has no real long term wealth preservation ability because of debt.

To address your comment the 3 dollar food challenge, that's a classic question, and a fair question but in reality prices adjust to the amount of money in circulation. That's how we get inflation as excess money printing by government to pay for their operations or promises beyond which taxes will pay.

Ideally, I'd like to see states open repositories on gold or silver. So you'd deposit 10 ounces of silver and the state would give you (authorize) 10 digital ounces of silver which would then be the basis of online commerce.

If you wanted physical specie, you could just exchange your 10 digital silver ounces for physical coins or bars. Gold can be easily minted to grams, but gold can also be spun into wire nanometers in diameter to a certain length say 5 cm and then embedded in a plastic bill that had the weight and purity of gold printed on the face.

You could use atms with 3d printers to print the 'cash'. Nice thing is as a consumer you could either spend physical coins which leave no digital trace, or you could spend the digital coins knowing the transaction would be recorded on the public blockchain.

It would solve 2 problems with 1 solution.
 Quoting: Anonymous Coward 83892304


- Wire is an excellent idea. It's measurable, easy to work with, and can be bent into beautiful shapes. You could fix it to cards or stones.

- Iridium wire sounds cool.

- The online people have it sorted, IMO. I am much more interested in how to get non-tech alt currencies working on the ground. only then will I link it to digital. Healthy street food is huge in Taiwan. How to get value to sweet potato and guava street stalls?

- Plastic bill. hmmmm. I prefer black coins, but I get your point. Whatever was done, would have to look really, really good.. like Apple designed it.

- 3D printing coins at ATM point. Good idea again.

I'll study your post harder later.

Cheers for the ideas.

bridge

-

Last Edited by Daozen on 01/04/2023 10:17 PM
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Daozen  (OP)

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Re: Hand Minted Local Currencies could be the Start of Local Economic Redemption
- Get a basic Readme together.
- Learn obsidian working and woodstaining
- Brainstorm subscription model.
- Make first five coins awesome and different.
- Write sheet. Rainman translate. Print on cards at shop?
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GLP