Using a Mutual Credit System to support the development of regenerative local economies
A mutual credit system, when used in conjunction with a local digital currency, serves as a means of facilitating transactions within a community or a localized economy. The primary purpose is to enable participants within that community to exchange goods and services without necessarily relying on traditional forms of currency like national currencies (e.g., dollars, euros) or centralized banking systems.
- 2023-11-26 06:58:24.0
- 3629
- mutual credit, microcredit