Post
Topic
Board Economics
Re: greece and the TEM currency/barter
by
gabbergabe
on 14/01/2013, 11:55:46 UTC
did you see the office in which TEM was head quartered at in the video? It was sharing the suit with a seamstress and her sewing business.

That alone had me thinking this wasnt going anywhere it is but in time of need they seem to have found a temp solution for day to day items being purchased without having income but rather a barter system.

Now that I think of it bitcoin wouldn't have helped them unless the town had a few miners in the beginning who they them selves excepted TEM in exchange for bitcoin. But TEM has a 1200$ limit per person so I  guess thats why it wont go too far.