Are Blockchain and Bitcoin the answer to the question of Local Currencies?

For decades, communities have tried launching local currencies to create thriving local living economies.  Paper versions never took off.  Neither did the first digital, smartphone-based systems.  Now that we have blockchain, Bitcoin, and cryptocurrencies, are these the technological answers to finally creating thriving local currencies? For the first twenty years of Luni's career, He (co)founded a series “venture-scale” software companies, growing each from an idea and a few co-founders to a company earning millions in revenue, collectively serving tens of millions of customers.  All but the first of these startups are still in operations and a few acquired by Global 1000 companies. He now uses the knowledge gained from those twenty years to help the next set of entrepreneurs.  His goal is to have them increase their odds of success by not repeating the common mistakes that he and his peers once made. 

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For decades, communities have tried launching local currencies to create thriving local living economies.  Paper versions never took off.  Neither did the first digital, smartphone-based systems.  Now that we have blockchain, Bitcoin, and cryptocurrencies, are these the technological answers to finally creating thriving local currencies?

For the first twenty years of Luni's career, He (co)founded a series “venture-scale” software companies, growing each from an idea and a few co-founders to a company earning millions in revenue, collectively serving tens of millions of customers.  All but the first of these startups are still in operations and a few acquired by Global 1000 companies.

He now uses the knowledge gained from those twenty years to help the next set of entrepreneurs.  His goal is to have them increase their odds of success by not repeating the common mistakes that he and his peers once made. 

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