1/ Have you heard about Ithaca HOURS💵 currency?
Ithaca HOURS was a local & community currency established and launched by activist Paul Glover in 1991 with a total of $110,000 introduced into circulation💰.
It was a time-based currency⌚, which means its value was based on a unit of time. As such, it was pegged at $10, which represented one hour of work🕒.
Ithaca HOURS as paper ‘fiat’ currencies were in place between 1991 and 2010💱. Additionally, we could hear atempt to introduce an internet-based local currency called Ithaca Dollars💳.
Project was super nice described here📲: Ithaca HOURS: What It is, How It Works, FAQs
Additional link on the circulation and sucess stories: https://www.paulglover.org/hours.html
2/ WIR franc turned 90 years old in 2024🎉.
WIR franc is an electronic currency reflected in clients’ trade accounts📟. There is no paper money. The intentions of starting it in mid 30-ties were: increased sales, cash flow and profits for a qualified participant. WIR Bank from Switzerland issuses WIR franc.
WIR Bank🏦 was founded in 1934 by businessmen Werner Zimmermann and Paul Enz as a result of currency shortages and global financial instability. A banking license was granted in 1936🎬.
“WIR” is both an abbreviation of Wirtschaftsring and the word for “we” in German, reminding participants that the economic circle is also a community🔄.
The Swiss WIR (“We” in German) is the longest surviving social or community currency, sometimes called a complementary currencyℹ️: Patterns of Commoning | The Commons Strategies Group.
3/ Casascius Coin is a ‘Tangible Bitcoin’🔐.
They appear on Heritage Auctions from time to time. This was a pioneering concept🥽 back then created by Mike Caldwell. First coins were released in 2011.
Each Casascius Coin is made of high-quality brass, embossed with a unique Bitcoin address📟. You can use these coins just like you would any other Bitcoin by sending them to an online wallet or exchange or using them to make purchases💻.
These coins were some of the first physical Bitcoins to be released, and they remain highly sought-after items among collectors and enthusiasts💰.
There are three different sizes of Casascius Coins: 1 BTC, 10 BTC, 25 BTC😁: What Is Casascius Coin?
Lukasz Baranowski
Founder of Lux Coin
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