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The Power of Alternative Money

Many of us don’t fully grasp how powerful alternative money can be. If you’re curious to learn more, we highly recommend the book Making Money Virtuous – available for free as a PDF.

What Is Alternative Money?

Alternative money or currency is any form of money or currency used as an alternative to the dominant national or multinational monetary system. It can be created by an individual, corporation, organization, or even local governments. It may also emerge organically when communities begin using a certain commodity as currency.

While we typically associate money with national governments, the reality is that most currency is actually created by private banks through the process of offering loans. Historically, money has come in many forms: credit notes from companies and individuals, or even local bank-issued currency. In times of economic hardship, communities have often created local currencies when official ones were in short supply.

Today, there is a growing movement around complementary currencies, which are designed to work alongside, but not replace, official currencies. These are not legal tender, meaning no one is obligated to accept them in exchange for goods or services. But they provide a flexible, community-based alternative.

MySPURT: Your Complementary Money

In line with this movement, MySPURT is a unique form of complementary money. You can use MySPURT to buy and sell products and services within our platform, or in combination with other currencies. What sets MySPURT apart is its backing by real assets – making it not only a complementary currency but also a commodity-backed digital currency.

Because MySPURT is recognized and permissible for trade by the Federal Trade Commission (FTC), its value is secure and indisputable.

Our Vision for MySPURT

Our vision is simple: MySPURT will become your trusted alternative money – a stable, equitable, and uncomplicated form of currency that empowers you to conduct your everyday business with ease. Unlike traditional money, MySPURT is not subject to inflation, debt, or devaluation. Our goal is for MySPURT to become a new form of money, one that belongs to the people, not the banks.

By using MySPURT, you’re part of a future where digital money is a true alternative to the current financial systems.