This is needed. IOU works well on small scales. It has often worked locally or within small communities[1]. LETS[2], babysitting vouchers, friends who value an

This is needed. IOU works well on small scales. It has often worked locally or within small communities[1]. LETS[2], babysitting vouchers, friends who value and track favours and keep the scales balanced. Make the FOSS infrastructure as easily deployable as wordpress. IOUs with a PGP signed chain of trust is brilliant and it could be a killer app for PGP adoption. Who of us doesn't owe Stallman and Torvalds at least a favour ? But never got their key-signed ? Widespread PGP adoption means lots of people would have their own crypto so privacy and trust could be run over any insecure transport medium. Maybe there could be a FIDOnet type central glue and exchange protocols so money could travel further than local. Local non-currency ledgers on a eco-friendly blockchain. Money is human glue. It represents creativity and potential energy. It is democratic to have lots of types of small monies so no-one has to be excluded. Small things often work well. National monies fail for a lot of people and cryptos current success model is to be worth something - and so are stuck being tied to national monies so the excluded are still excluded. Make it easy to make an altcoin, so anyone can and the goal can be stimulating a local economy rather than being tied back into the main one. [1] https://en.wikipedia.org/wiki/Community_Exchange_System https://en.wikipedia.org/wiki/Community_Exchange_System [2] https://www.lowimpact.org/lets-origins-michael-linton-letsystems/ https://www.lowimpact.org/lets-origins-michael-linton-letsys...