Jump to content

Alternative Currency: Difference between revisions

From The Austrian Economics Wiki, the global repository of classical-liberal thought
Created page with "Category:Alternative Currency An '''Alternative Currency''', generally speaking, is a money circulating without official recognition or enforcement by a State, in contras..."
 
No edit summary
Line 2: Line 2:


An '''Alternative Currency''', generally speaking, is a money circulating without official recognition or enforcement by a State, in contrast to Legal Tender which does. Users of an Alternative Currency might prefer accepting it not only for economic advantages (such as speculation in precious metals) or privacy advantages (such as the digital currency Bitcoin) but also for its political protest impact on the [[Legal Tender]] monopoly of the official State currency.
An '''Alternative Currency''', generally speaking, is a money circulating without official recognition or enforcement by a State, in contrast to Legal Tender which does. Users of an Alternative Currency might prefer accepting it not only for economic advantages (such as speculation in precious metals) or privacy advantages (such as the digital currency Bitcoin) but also for its political protest impact on the [[Legal Tender]] monopoly of the official State currency.
==See Also==
*[[Bitcoin]]
*[[Gold]]
*[[Silver]]
*[[Silver Dime Card]]

Revision as of 02:57, 10 June 2012


An Alternative Currency, generally speaking, is a money circulating without official recognition or enforcement by a State, in contrast to Legal Tender which does. Users of an Alternative Currency might prefer accepting it not only for economic advantages (such as speculation in precious metals) or privacy advantages (such as the digital currency Bitcoin) but also for its political protest impact on the Legal Tender monopoly of the official State currency.

See Also