(no subject)
Mar. 15th, 2003 02:34 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
unbibiumI suppose the libertarians are right about the way markets adjust to fill needs that wouldn't otherwise be met. In the San Francisco Bay Area, I suppose the market has decided that currency itself isn't doing much good for the community, and so they invented BREAD, which is measured in hours because it is backed by labor. It is valued at about $12 per hour.
How long do you think it'll be before the Feds start to get involved and fuck everything up? The FAQ says that local currencies are legal, and already taxable.
But how do I know this isn't already exploiting the community more than it's helping?
Regardless, Emperor Norton would be proud.
How long do you think it'll be before the Feds start to get involved and fuck everything up? The FAQ says that local currencies are legal, and already taxable.
But how do I know this isn't already exploiting the community more than it's helping?
Regardless, Emperor Norton would be proud.
