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RE: Steem and cryptocurrencies as a tool to implement and expand LETS (Local Exchange Trade System)
Hi! Nice to find a good post about LETS! Could it be that the local nature of a LETS system actually protects it from outside interference?
I believe so, when the purchase of goods are local the chances to control and ensure the transactions are between community member are bigger. But when involving e-commerce or online services it could be more difficult to guarantee this balance. Anyway, I think it is good to face the risks. Thanks and good luck again!!