Create your own currency in 60 seconds using the colu dashboard

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QQ coins can be bought for Renminbi and used to buy virtual products and services such as ringtones and on-line video game time. Some forms of complementary currency can promote fuller utilization of resources over a much wider geographic area and help bridge the barriers imposed by distance. They are useful for people who are unfamiliar or uncomfortable with traditional bartering.

The purpose is to encourage spending within the local community, especially with locally owned businesses. As a tool of fiscal localism, local currency can raise awareness of the state of about the local economy. Though virtual currencies are not 'local' in the tradition sense, they do cater to the specific needs of a particular community, a virtual community.

While most of these currencies are restricted to a small geographic area or a country, through the Internet electronic forms of complementary currency can be used to stimulate transactions on a global basis. They encompass a wide range of forms, both physically and financially, and often are associated with a particular economic discourse. Some forms of complementary currency can promote fuller utilization of resources over a much wider geographic area and help bridge the barriers imposed by distance. How Zimbabwe functions without a local currency.

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