Quote from: gabbergabe on January 14, 2013, 11:55:46 AM

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.

It is not barter, as they use these TEM's.

These people need credit, so bitcoin would not help them. There is no shortage of euro notes, it is just that they do not have them, and it is difficult to earn them.