"I love that you've brought this to attention. An extensive database of uncommon but resistant and hardy plants/foods could be developed and organized by climate. Ease of growth and processing should also be taken in to account. I will try to…"
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Re do of LEARN5: What breakthrough solution will change the future of money forever? Blog Post
Before we have Alternative and physical money, we get things from Barter that means we trade something with an exchange of giving something. Then Money is invented as a tool to get things easier. Since we have high technology now, we are been able to make alternative currency for the future of money. Alternative Currency is a currency that is made locally to get money circulate locally longer to build up the local community, because the currency is produced more and more in the area while the currency always circulate in the same area. This alternative currency usually used in poor areas to allow them selves to have a sustainable community. Alternative currency can be done cyberly or physically. Alternative Currency is different from normal currency like Dollars, Pounds, Yen, etc, because these currencies can be change in the money changer when we are at overseas (with a little charge).
These are some bullet points of the benefits of Alternative Currency:
1. Increased volume of currency in a local area
2. Increased liquidity in a local area
3. Increased access to the local market
4. Increased possibility of local import substitution
5. Increased employment opportunities
6. Increased importance of traditionally undervalued activities
7. Discouragement of environmentally destructive activities
8. Increased support for small enterprise development
9. Increased strengthening of social relationships
10. Counter-cyclical economic tendency
11. Money stays local longer, reducing need for external input
12. Multiplier effect from increased circulation
13. Increased Personal Savings
14. Reduced need to migrant to urban areas in a search for money
15. Fostering local self-reliance and individual self-esteem
16. Decreased gap between the richest and poorest members of a community
17. Access to credit at very low rates
18. Reduction in fees & interest becomes profit
19. Increased purchasing power at the local level
from: http://theplenty.org/about/why-local-currency
From this, I think Local Currency is the best way to solve the issue poverty in many places.
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