LETS

Services > Finance
2011-03-28 21:53:17
Local Exchange Trading Systems (LETS) are locally initiated, democratically organised, not-for-profit community enterprises that provide a community information service and record transactions of members exchanging goods and services by using the currency of locally created LETS Credits. LETS networks use interest-free local credit so direct swaps do not need to be made. In LETS, unlike other local currencies, no scrip is issued, but rather transactions are recorded in a central location open to all members. As credit is issued by the network members, for the benefit of the members themselves, LETS are considered mutual credit systems.
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LETS
Site web
J'aime 1
Détails
Avancement du projetLocal exchange trading systems now exist in many countries.
Topologie Pair à pair (peer-to-peer)Non
Autorité unique centraleOui
Utilise de la cryptographieNon
APINon
Langues
License
Date de création1983
FondateursMichael Linton
Origine
Wikipédiahttp://en.wikipedia.org/wiki/LETS
Historique
Réseaux sociaux
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Vidéo
  • 2011-03-28 18:51:19
    2011-03-28 21:53:17
  • Finance
    English
  • Publique
    Publique
  • Creative Commons License CC-BY-SA 3.0 / GNU FDL

Commentaires

  • a voté pour ce Elément (J'aime)
    The great thing about the LETSystem is that it treats money as a unit of measure or a type of score-keeping system rather than a scarce commodity. As such, LETS credits are not articificially scarce, but always sufficient to the needs of the transacting parties.
    English Posté 2012-09-25 02:52:04 par Jordan Bober

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