Alternative currencies are forms of money that differ from traditional currencies like the US Dollar or Euro. They can include local currencies, cryptocurrencies like Bitcoin, and barter systems. These currencies often aim to promote local economies, facilitate trade, or provide a decentralized means of exchange.
Many alternative currencies are designed to address specific community needs or values. For example, local currencies encourage spending within a community, while cryptocurrencies offer secure, digital transactions without the need for banks. Overall, alternative currencies provide diverse options for economic interaction beyond conventional financial systems.