Complementary currencies

Complementary currencies are alternative forms of money used alongside official government currencies to support local economies or specific goals. They aim to encourage spending within a community, promote social or environmental initiatives, or address economic challenges where traditional currency may fall short. These currencies can take various forms, such as local paper notes, digital credits, or time-based systems, and are accepted within a designated network or community. They help niche economic activities flourish and often foster stronger local connections, while still functioning alongside national currencies.