susano
Joined 13 years ago
Joined 13 years ago
This sort of system is particularly useful in communities where there is a lack of money. For instance say everybody is unemployed and nobody as money to buy anything, but people would be happy to trade services/goods with each other if there was a way to do it efficiently. They could barter but that is inefficient and it is difficult to match services/goods of different value.
Because the system allows monetary creation, it enables people to start trading even when nobody has money.
It may be useful to check out the circumstances in which LETS were/are used, as it may be a good indication as to which types of community may be most interested in using Offset.
[1] https://en.wikipedia.org/wiki/Local_exchange_trading_system
encryptionKey = hash(salt + key)
dictionaryKey = hash(encryptionKey)I choose the best tools for me, invest a lot of time in getting better at them, and choose jobs I can do with minimal changes to my toolset.
To expand your analogy, if I have spent the last few years of my life getting better at driving bulldozers, I will not take any job requiring me to get into a racecar.