Credito

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= the currency used by the Damanhur community in Italy

Description

"WHAT IS THE CREDITO?

In technical terms, the Credito is a system of complementary currency (today, coined in metal) used by Damanhurians and diverse economic activities that have agreed to take part in the system. It was created more than thirty years ago to support the development of the economy and the starting of small businesses, and today, it has grown to represent a solid and productive economic reality in the Canavese area. The Credito is legally and fiscally regulated, and its value is equal to that of the Euro.

In the Damanhurian territories, there are many machines that change Euro to Crediti, just as in any moment, it is possible to exchange Crediti for Euro." (http://trustcurrency.blogspot.com/2010/01/damanhur-economics.html)