Complementary currencies or tokens are useful to support exchanges at the local level, micro credit is a good financial tool for the poorest populations …. But, how we could use “Outsourced Resources Banking” on daily basis??
Not creating money as a bet on future, like Fractional Reserve Banking , but using mitigation, sustainability and safety as a business model. An asset is wealth, not coins or banknotes ….
Any asset, any resource can guarantee local process of money creation for a specific goal…. Money is only a medium of exchanges, so anyone can create a unit of account for an ad hoc purpose. The exchanges between the asset and the know how are creating wealth ….. the single function of money is making this process easier.
Coins in precious metal were useful in the past, the world was very large and the human life so short. "Money debt" is a huge mistake and a bad bet on the future.
Creating money only for projects is a good challenge !!!!
Creating money only for projects is a good challenge !!!!
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