Beginnings
Because conventional money depends upon scarcity to maintain its value, there will never be enough money to do everything we need to do.
We need a new kind of money.
ebarts is a digital currency based on barter. It is created by the users as they buy and sell from one another. It is a system of transferrable IOU’s. Because ebarts is created by the users there will always be enough money.
ebarts is democratic money.
Who will use ebarts?
Anyone who wants to:·
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Supplement their income in a flexible and friendly way.
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Use their talents, time, ideas and possessions.
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Build new networks on line and in their local communities.
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Support local businesses and charities.
How does ebarts work?
ebarts is a digital currency available as a mobile app or web app. Every users account starts on zero, and is debited or credited as goods and services are traded. The system is transparent and self-regulating. Traders set and agree on the prices. ebarts is not underwritten, or pegged to any other currency. It is a system of transferrable IOU’s. Its value lies in the mutual trust and trade between individuals.