Quote from: pozmu on October 12, 2018, 12:18:43 AM

Quote from: ylnar123 on October 11, 2018, 09:48:16 PM

Quote from: freeman1177 on October 10, 2018, 11:54:37 AM

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.

Yes there is, for example Bristol, England - they do have their own currency which is accepted in many shops. Another city, Hull, was going to run their own cryptocurrency but I don't know how successful they are. Some cities popular with tourists also run their own currencies e.g. Polish Łeba.

Interesting article: Local UK currencies

Hmm. That is actually something interesting and I have not actually gotten to hear something like that before and apparently with this kind of thing, that is because it was generally accepted by the people within one specific niche if I may say just like you mentioned with the tourists in popular cities. Nonetheless, i feel it is still something that would not really fly that much.

In that case, you should imagine the number of currencies that would actually be available in a single country and if you have to travel globally, how do you think people will be able to relate with themselves to even know what you are holding is a thing worth some value?