Hello all.
The Italian CC circuit named SCEC is expanding very fast.
Currently SCEC are issued in Naples, Rome and Tuscany, under
a network named Arcipelago Moneta:
http://www.arcipelagomoneta.org/
The interesting issue is that we made an arrangement with a
photovoltaic industry so that it is now possible to buy
photovoltoaic systems starting at over 50 KW (euro price: 300,000),
using our currency SCEC (300,000 SCEC).
The main difference between REGIO and SCEC is that REGIO act like a
currency board, leaving the seigniorage to the EBC, while SCEC is
not convertible in euro on a mandatory basis, so that the
seigniorage is kept by the issuing authority forever.
Italians do it better.
Kind regards,
Marco Saba
http://studimonetari.org
P.S: In the previous days, we were able to start introducing SCEC on
Second Life.