Post
Topic
Board Bitcoin Discussion
Re: Why local currencies when there is bitcoin ?
by
Becassine
on 18/07/2023, 11:57:07 UTC
I'm actually amazed that there is such a thing as this.

There was a local community here in my country that issued its own currency. It hit the headlines. It was a big deal. Everyone was surprised. Television programs conducted interviews with central bank officials clarifying its legitimacy and even legality.

Little did I know that this isn't actually something weird, at least not in France. But I think this is superfluous.

Finally, maybe it's just a ploy by the French government to authorize useless currencies to prevent people from learning about bitcoin?

I don't think so.

Alongside the euro, dozens of local currencies are in circulation across France. They surged in 2010 following the global financial crisis and can only be used in a limited area like a town or region.

They surged at a time when Bitcoin was barely heard of.


Thanks for this video. I had never heard of this Parisian currency either. This thread is super interesting and it makes me want to know more about these local currencies.

By the way, did you know that Captain Juving-Brunet was recently imprisoned for having proposed a new national currency, the Free Franc (4000 subscriptions).

https://www.comitedesalutdupeuple.fr/le-franc-libre-la-monnaie-nationale-des-csp