Jump to content

Alternative Currency

From The Austrian Economics Wiki, the global repository of classical-liberal thought
Revision as of 11:27, 14 December 2012 by Pestergaines (talk | contribs) (+links, +cat, +stub)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)


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

Links

Retrieved from "https://wiki.freecapitalists.org/index.php?title=Alternative_Currency&oldid=19365"