Private Currencies Greece

[gwax23]

http://www.youtube.com/watch?v=xsD1I9bOgEs

I dont know if anyone else watches Journeyman Pictures. Great youtube channel lots of interesting videos. Been watching stuff on the economic crisis in Greece. Started this video and was surprised a few minutes in it delves into the topic of Private Currencies popping up in Greece in order to cope with the economic crisis. I was surprised. I had no idea this was allowed or even happening in Greece. It was a pleasant surprise to say the least. Capitalism at Work! Though to be less optimistic theres problems with the currency and the people using it still seem to have an anti free market outlook despite everything...sigh.

 

[hazek]

Not a private currency. It's a gift certificate system, almost no different from airline miles.

 

[Keith and stuff]

Not a private currency. It's a gift certificate system, almost no different from airline miles.

Attention! I think I have identified a bitcoin supporter