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local currencies

PostPosted: Sat Jan 21, 2012 10:35 am
by rexmerdinus
Didn't know if anyone had seen this...

http://money.cnn.com/2012/01/17/pf/loca ... /index.htm

Re: local currencies

PostPosted: Sat Jan 21, 2012 10:54 am
by mtalbot_ca
Thanks for posting.

Re: local currencies

PostPosted: Sat Jan 21, 2012 12:53 pm
by Z00
Maybe we need a RealCent Token for trading amongst ourselves.
Peg it to silver. 1 RCT = 1/2 GRAM.
Call it the Archie?

Re: local currencies

PostPosted: Sun Jan 22, 2012 3:21 am
by jasmatk
Z00 wrote:Maybe we need a RealCent Token for trading amongst ourselves.
Peg it to silver. 1 RCT = 1/2 GRAM.
Call it the Archie?

No they would be called "Real cents" well thats my vote anyway.

Re: local currencies

PostPosted: Sun Jan 22, 2012 3:49 am
by Engineer
Z00 wrote:Maybe we need a RealCent Token for trading amongst ourselves.
Peg it to silver. 1 RCT = 1/2 GRAM.
Call it the Archie?


This forum is probably the only place around that already has Real Cents....although most bigger trades would take 90% or Eagles.

Re: local currencies

PostPosted: Sun Jan 22, 2012 4:52 pm
by rexmerdinus
You probably couldn't call it a "cent" because "cent" refers to the 100th part of a "dollar," which is legal U.S. currency, and you can't mimic that. Isn't that one of the things that got the Liberty Dollar guy in trouble--actually calling it a "dollar"?

Re: local currencies

PostPosted: Sun Jan 22, 2012 8:30 pm
by johnbrickner
Makes "Real Sense" to me.