Tribe.net. Local Connections B http://alt-money.tribe.net/thread/88dfbdfd-4e23-4d7f-a5e0-1a71697048d6#0c95eca9-d11c-46b1-b1d5-f82323d13440 2009-07-04T22:36:45Z 2009-07-04T22:36:45Z

<What if notes "expired" after a time period, unless renewed somehow when spent? > Then you would have the system of demmurage as used in Worgl and exposed by Silvio Gesell. http://www.mindcontagion.org/worgl/worgl1.html

B 2009-07-04T22:36:45Z Mark herpel http://alt-money.tribe.net/thread/88dfbdfd-4e23-4d7f-a5e0-1a71697048d6#92348c13-68e7-4ae8-8f81-832dba1447e0 2009-07-04T22:25:57Z 2009-07-04T22:25:57Z

In July, Transition Town Lewes will add an additional series of higher denomination notes including the Lewes £1, £5, £10 and £21 notes. Why £21? With the circulation of each Lewes Pound note, the organization will donate 5% of the face value to the Live Lewes Fund which is set up to aid and help pay for a range of community group projects. http://www.mainstreetcash.org/?p=930

Mark herpel 2009-07-04T22:25:57Z Язηdall http://alt-money.tribe.net/thread/88dfbdfd-4e23-4d7f-a5e0-1a71697048d6#5846cc73-4d09-4136-9b1b-c3b0c97fee27 2008-11-18T22:25:18Z 2008-11-18T22:25:18Z

I don't see the dilemma. Please explain.

Язηdall 2008-11-18T22:25:18Z Mrs.Purple http://alt-money.tribe.net/thread/88dfbdfd-4e23-4d7f-a5e0-1a71697048d6#15b7fb6a-2bf4-4c51-abaa-40904fe1d6ea 2008-11-17T19:14:49Z 2008-11-17T19:14:49Z

I see the dilemma, Scribe. I was a member of the LETS scheme in Totnes, which must have led to the Totnes Pound in existence now.. we never had a problem with people not cashing in their cheques of LETS, as they were often just flimsy hand written peaces of paper.. only useful to the bookkeeper of LETS (as she could enter the value in the bank accounts, and we as members could then check its correct entry). I guess they made the Lewes Pound too attractive! But I agree with the article, I dont suppose that many will get sold..even so.

Mrs.Purple 2008-11-17T19:14:49Z Язηdall http://alt-money.tribe.net/thread/88dfbdfd-4e23-4d7f-a5e0-1a71697048d6#b4af5136-6d1c-48c0-ba51-c91827b6bba1 2008-11-17T17:48:19Z 2008-11-17T17:48:19Z

>> Is it best to just leave this to happen? Or should/could it be controlled somehow? << What's wrong with it?

Язηdall 2008-11-17T17:48:19Z Scribe http://alt-money.tribe.net/thread/88dfbdfd-4e23-4d7f-a5e0-1a71697048d6#79a6a2c2-19ae-49ec-a6c0-e1e5113fae82 2008-10-02T13:43:41Z 2008-10-02T13:43:41Z

Lewes (near Brighton, UK) recently launched its own local currency: http://www.theargus.co.uk/news/business/businessnewsbusiness/3659940.Lewes_Pound_great_value_with_10__off/ Soon after, its value went up somewhat as it was being sold on eBay: http://www.theargus.co.uk/news/3676659.Lewes_pound_makes_money_online/ Is it best to just leave this to happen? Or should/could it be controlled somehow? What if notes "expired" after a time period, unless renewed somehow when spent?

Scribe 2008-10-02T13:43:41Z