Comments on: Franchising Local Currency Systems http://enthusiasm.cozy.org/archives/2009/03/franchising-local-currency-systems Ben Hyde Sun, 14 Mar 2010 21:10:43 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: bhyde http://enthusiasm.cozy.org/archives/2009/03/franchising-local-currency-systems/comment-page-1#comment-1511 bhyde Thu, 12 Mar 2009 13:23:57 +0000 http://enthusiasm.cozy.org/?p=1913#comment-1511 Ed - Your posting is a excellent. Maybe if they get sent to prison they can innovate some script currency system to that replaces the traditional cigarettes. It is interesting how many organizations, caught in the middle, are striving to make whole the script holders. Did you see the item in the Dayton Business News about the contractor who bought a truck for $20K with this pseudo currency? Back in 02 I think. I assume that's because many gift cards are (were?) sold for 10 to 20% off face value. Ed – Your posting is a excellent.

Maybe if they get sent to prison they can innovate some script currency system to that replaces the traditional cigarettes.

It is interesting how many organizations, caught in the middle, are striving to make whole the script holders.

Did you see the item in the Dayton Business News about the contractor who bought a truck for $20K with this pseudo currency? Back in 02 I think. I assume that’s because many gift cards are (were?) sold for 10 to 20% off face value.

]]> By: Edward Vielmetti http://enthusiasm.cozy.org/archives/2009/03/franchising-local-currency-systems/comment-page-1#comment-1510 Edward Vielmetti Thu, 12 Mar 2009 12:51:32 +0000 http://enthusiasm.cozy.org/?p=1913#comment-1510 I've been tracking this a little here: http://vielmetti.typepad.com/vacuum/ann-arbor-gold/ It's a mess, and the Ohio Attorney General is suing. There are other scrip-backed Ann Arbor currencies, including the DexMil: http://www.dexmil.com/ which is backed by the full faith and credit of your neighbors willingness to do things for you or to lend them your stuff. I’ve been tracking this a little here:

http://vielmetti.typepad.com/vacuum/ann-arbor-gold/

It’s a mess, and the Ohio Attorney General is suing.

There are other scrip-backed Ann Arbor currencies, including the DexMil:

http://www.dexmil.com/

which is backed by the full faith and credit of your neighbors willingness to do things for you or to lend them your stuff.

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