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  • In a way, micro currencies already exist in communities like this.

    There are things valuable only to this 'scene' of fixie skidders for example. Things like discontinued bike parts. They are no longer in production so there is a limited quantity in circulation. Their value is determined by 'the scene/micro economy' and they are traded for other items or currency totally outside a retail, taxed environment.

    Making an actual currency like notes & coins could never actually work because the value of the currency is based on the items scarcity. The currency would always be able to be produced outside the control of individual so it would remove the confidence of a set value (like inflation) plus the notes would have no intrinsic/transferrable value like gold, oil or a rare bike part so it could never be trusted/adopted.

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