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Ithaca Hours

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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
Name
Ithaca Hours
Sito webithacahours.info.
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 authority
Uses cryptographyNo
APINo
LingueEnglish
License
Founded1991-11-01
Founder(s)Paul Glover
OrigineNew-York, USA
Wikipediawikipedia.org/...
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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2014-02-27 15:45:58
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