The Chiemgauer currency aims to foster local business circles and supports non-profit organization in the regions and the tool is the local currency. People are linked together in the network and there are different stakeholders, businesses and non-profit organization as well as local authorities and citizens that profit from it. It gives advantage to each stakeholder. The non-profit get a share of the fees and the businesses make turn-over of existing customers or new customers.
Legal experts tend to be conservative. They say no to experiments and maybe forbid it. It is hard to find an open local authority who says we want to develop local currency.When local authorities immediate own local systems or join local systems they are more willing to do it.Christian Gellerie
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