Alternative currency is a term that refers to any
currency used as an alternative to the dominant national or
multinational currency systems (usually referred to as national or
fiat money). Alternative currencies can be created by an
individual, corporation, or organization, they can be created by
national, state, or local governments, or they can arise naturally
as people begin to use a certain commodity as a currency.
Mutual credit is a form of alternative currency, and thus
any form of lending that does not go through the banking system can
be considered a form of alternative currency. When used in
combination with or when designed to work in combination with
national or multinational fiat currencies they can be referred to
as complementary currency. Most complementary currencies are
also local currencies and are limited to a certain
Barters are another type of alternative currency. These
are actually exchange systems, which only trade items; thus without
the use of any currency whatsoever. Finally, LETS is a
special form of barter which trades points for items. One point
stands for one man-hour of work.
Often there are issues related to paying tax. Some
alternative currencies are considered tax-exempt, but most of them
are fully taxed as if they were national currency, with the caveat
that the tax must be paid in the national currency. The legality
and tax-status of alternative currencies varies widely from country
to country; some systems in use in some countries would be illegal
Cliquer sur la date de mise à jour pour voir l'historique d'un élément.
Le comparateur collaboratif pour créér et partager des tableaux comparatifs.