Ithaca Hours

Services > Finance
2014-02-27 15:45:58
Ithaca Hours is a local currency system that promotes local economic strength and community self-reliance in ways which will support economic and social justice, ecology, community participation and human aspirations in and around Ithaca, New York. Ithaca Hours help to keep money local, building the Ithaca economy. It also builds community pride and connections. One Ithaca HOUR is valued at US$10 and is generally recommended to be used as payment for one hour's work, although the rate is negotiable.
Alternative currencies, monetary systems
Ithaca Hours
Websitehttp://www.ithacahours.info./
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Details
Status of the projectOver 900 participants publicly accepted Ithaca HOURS for goods and services at its peak, but today the system is largely dormant.
Peer-to-peer topologyNo
Single central authorityYes
Uses cryptographyNo
APINo
LanguagesEnglish
License
Founded1991-11-01
Founder(s)Paul Glover
OriginNew-York, USA
Wikipediahttp://en.wikipedia.org/wiki/Ithaca_Hours
HistoryThe system has historical roots in scrip and alternative and local currencies that proliferated in America during the great depression. It is the oldest and largest local currency system in the United States that is still operating.
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Video tour
  • 2011-03-28 19:19:13
    2014-02-27 15:45:58
  • Finance
    English
  • Public
    Public
  • Creative Commons License CC-BY-SA 3.0 / GNU FDL

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