Post
Topic
Board Bitcoin Discussion
Re: Why local currencies when there is bitcoin ?
by
Upgrade00
on 17/07/2023, 20:49:50 UTC
Op is talking about micro currencies which operate in certain localities within a country besides the legal tender which is used all over the country. We don't have them in my country, but I have read a bit about then being used in communities in other countries.

A friend was bragging to me about the merits of her local currency, but I wonder what's the point since we have bitcoin?
Bitcoin is not a fiat currency and is not competing with them. People can have their local currencies within their communities and still use their general currency which is EUR in France.