If there was an alternative currency (paper money) unregulated by the Government would you use it?
Is there something like that? It would be fake if there is unregulated paper money circulating in the community. Such question is not a deal to begin with and cannot be true due to the government not allowing such currency.
Why does this give me the impression of play money? Also, if this is going to come to fruition, there will be a lot of people printing their own fake bills. I'd rather stick with bitcoins. At least it's got some value.
That is how I actually see it myself and it would really be irrelevant in the end. First of, the idea is not something that is plausible, and secondly, I guess there would just be too much money to have to spend in a single country alone, guessing the idea that people coming up with their own alternative currency will be surplus and I cannot imagine how that would have turned out. Although, in the area of rendering services however, it can work, but there would be too much turmoil I guess.