Re:Reddit rolls out community currencies on Ethereum
by burtonator on Thursday May 14, 2020 @02:06PM
(#23183112)
Community currencies are REALLY interesting in that it allows for local inflation but also prevents currencies in one community from dominating opposing communities.
For example, if there was a currency for 'coal' then the 'environmental' community could basically reject that currency.
Right now if coal mining makes a ton of money that's all that matters. They can dominate the local economy.
For example, if there was a currency for 'coal' then the 'environmental' community could basically reject that currency.
Right now if coal mining makes a ton of money that's all that matters. They can dominate the local economy.