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First, the idea of an alternative currency isn't that new.
City dwellers have also discovered grain as an alternative currency.
"This should, in theory, be gold's time to shine as a safe haven and as an alternative currency".
Other initiatives veer into the quixotic: in the city of Volos, in central Greece, an alternative currency is in circulation.
Writer Marek Kohn is a partner in the Sunshine Bank, which hopes to turn the desire for mutual recognition into an alternative currency system for communities and companies.
If you're looking for an alternative currency system that will drive a transition towards sustainability, then there are plenty of better places to start than Bitcoin.
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They have also supported scores of endeavors around the world like public-space cleanups, backpack programs for the homeless, and even an alternative-currency project in Kenya.
The "agenda" behind Bitcoin, if there is any, cannot stay in the shadow if Bitcoin is to become a mainstream alternative currency, a challenge to the world's monetary status quo.
The government had made contingency plans for a temporary alternative currency, in the form of electronic I.O.U.s.
Phones and pre-paid phone cards have become a popular alternative currency in Afghanistan, as in many developing countries, but "we don't hand them out to win favour," he says.
Grinberg (2011) compared Bitcoin to its competition, leads to the conclusion that it is a great alternative currency for gold bugs who prefer to hold currencies fully backed by commodities.
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