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Where I live they bound the local currency to the Euro and 1lc=1euro so you trade in whatever you want but pay your taxes in Euro. So it means you better have f
by johnchristopher 8y ago
Where I live they bound the local currency to the Euro and 1lc=1euro so you trade in whatever you want but pay your taxes in Euro. So it means you better have faith in the local currency because if somehow the experience fails it'll be people, artisans and reseller who'll pay the tab. Although here I think there's something like "the group that printed the money keep euros and will trade it for 1 loc anytime".
Since you seem to speak french, here's the faq/doc for my city's local currency http://www.mpcliege.be/assets/2c762a54-5ea1-4417-8b8c-9cfb2048e6fc/le-valheureux-dossier-de-presentation-octobre-2017.docx http://www.mpcliege.be/assets/2c762a54-5ea1-4417-8b8c-9cfb20...